Saving Tax Money in a Flat World

Until someone actually proved the world was not flat, you would have been considered totally crazy to think otherwise. Until someone proved that turning hot water into steam could run powerful steam engines and change the world of transportation you would have been considered a lunatic to think that a person could travel from city to city in minutes or hours instead of days or weeks.

And…until someone proved that you, yes you, can set up your own banking system and make money 24/7 with lower risk and consistent returns, just like a banker does, you would say this is just foolishness. But building financial freedom often requires a new way of thinking. Tax Savings & Wealth Building Ideas What once seemed impossible is now completely plausible, only if, you can make a paradigm shift, or a significant change in your point of view. If there is any area of . . . → Read More: Saving Tax Money in a Flat World

Four Major Systems for Creating & Controlling Financial Freedom

The Infinite Banking System puts you in total control of your wealth. When it’s all set up and running properly, you decide what money comes in and what money goes out. You set the interest rates and terms you want to pay to borrow money, just like a banker does. You decide how much interest you will charge others when you lend money and of course, the terms under which they will pay you back.

If your plan for retirement has been modified by our economic situation, maybe it’s time to learn how to create a recession-proof wealth building strategy. Plan for Retirement – Systematically Again, there is no reason to compromise your lifestyle. We understand that it has been hammered into you since you started working that you must be saving for and planning for retirement. Of course, we all want to enjoy a retirement free of financial stress . . . → Read More: Four Major Systems for Creating & Controlling Financial Freedom

How to Form a Wealth Building Team & Reduce Taxes

As the economy evolves, our wealth building and tax saving strategies evolve. That’s why I would like to introduce you to some of my millionaire friends. I have formed a team of like minded, very smart, high integrity people who are willing to share their insights on wealth building with my students.

Building financial wealth never happens one person at a time. I always say, “Teamwork makes the dream work!” I’m very excited about some of the changes we’ve recently made to our wealth coaching programs. Now you will have more opportunities to interact with highly successful people to hear their “secrets of success.”

Every week we bring in money experts, millionaires, and business experts for you to listen to and learn from in the comfort of your own home. You’ll be able to ask questions, solve problems and find ways to capitalize on financial opportunities when you join one . . . → Read More: How to Form a Wealth Building Team & Reduce Taxes

How to Turn $5,000 into $34,500

There’s a financial guru on TV who is quick to yell at people about their financial decisions. I heard her recently say that if you have an extra $5,000 in cash to invest that you should “Play it safe! Put it into the bond market.” This is a perfect example of allowing the tail to wag the dog. If you see investing as a separate and stand alone system, without integrating other critical wealth building systems, you are about to lose $34,500.

Why? Because a typical American family making $100,000 a year pays out over one third of their income in interest payments to a variety of lenders! The financial advisor that focuses on your $5,000 (and of course, her commission to invest it) is missing the opportunity to recapture the $34,500 going down the drain in interest payments.

Never forget the synergy of the other wealth building systems:

1. . . . → Read More: How to Turn $5,000 into $34,500

8 Banker’s Rules They Never Break!

To create wealth you must understand some fundamental wealth principles. Here is one aspect of our wealth coaching programs, learning how to think, act, and profit like a banker. So let’s get inside the bankers head and see what you can learn about your views of making extra money, building lifelong wealth and creating total financial freedom.

Bankers Think Safety First A banker is charged with the responsibility of running his bank at a profit. He is trained to think safety first.  Bankers follow a strict set of rules that have proven effective for hundreds of years. Anytime those rules are broken, banks get into trouble and bankers lose their jobs. We can see that in recent bank failures around the world. The Bankers’ Rule Number One is: Do not take risk.

As bankers bent this rule and started buying and selling over-valued mortgages, assuming the value of real estate . . . → Read More: 8 Banker’s Rules They Never Break!

Legal Entities – Choosing the Right One for Maximum Wealth Building

We had a great call last night with my students who are working to discover new ways to grow and protect their wealth. Each Monday night during our Connector Coaching Program give specific wealth building ideas and actions to help build lifelong wealth. Here are some of the points I shared last night about setting up the right type of entity structure to protect yourself and your assets.

Having the right legal entity structure does two very important things.

1.  Tax Advantages – When set up properly the proper legal entity gives you significant tax advantages. This is what I mean when I talk about creating a tax-advantaged environment.

2. Asset protection – This is so important into today’s litigious society. When you have assets that everyone knows about, you are inviting others to come and get them! It is your legal right to protect what you have worked so . . . → Read More: Legal Entities – Choosing the Right One for Maximum Wealth Building

The Best Legal Entity to Protect Assets and Reduce Taxes Pt 2

To continue a few more ideas from our Monday night’s Connector Coaching call, here are a few more thoughts on the best legal entities to consider. There’s a lot more to know about the tax advantages and asset protection features of each of these but this will give you an overview of the pros and cons of each legal entity (Check out yesterday’s post for more).

Limited Partnerships – In this legal structure the partners cannot be actively involved in the management of the business. It’s important to be realistic with this. If you’re the kind of person that has to have your voice heard and you can’t avoid getting involved, this structure is not for you. Limited means limited.

If you do get involved you can lose your status as a limited partner and that opens a whole different set of issues and defeats the original intent. All . . . → Read More: The Best Legal Entity to Protect Assets and Reduce Taxes Pt 2

My Top 5 Wealth Building Ideas

Wealth building ideas seem like a great idea for people who have money to invest and the knowledge to make more money but the reality is if you don’t have the money, you don’t have the money! So, relax. I have a gift for you. It doesn’t cost anything and you don’t have to go anywhere. It’s Wealth Building Idea #1. Financial Education Tools

If you have no money at all and want FREE advice, lessons, audios, etc. This is for you:

Please consider signing up for our starter program that has been designed specifically for people with little or no budget. There’s no obligation, no catch, and it’s no wonder that people love it!

Wealth Building Idea # 1.

This is for beginners or for a great refresher course on building your wealth program. All you need to do is to commit the time to read and . . . → Read More: My Top 5 Wealth Building Ideas

Wealth Classes Coaching & Legacy Building Solutions – An Overview

Legacy Solutions Now!

WealthClasses Coaching was founded early spring 2008 by Gabby Huguenin and George Antone. WealthClasses Coaching’s CEO and Director Gabby Huguenin has helped save entrepreneurs and W2 wage earners just under 14 million in income taxes over the past six years.

The intention behind Gabby’s efforts is to help people in their process of building financial freedom and assist them in creating a legacy that will last for generations to come. The only way one can build lifelong wealth that will make a difference long after you are gone is to protect your assets and do everything legally possible to reduce your tax liability. That’s where Gabby comes in!

WealthClasses Coaching has protected the assets of 38 students in 2009 and hundreds over the past 6 years. This is accomplished through an ongoing mentoring process. The significance of the smaller number is the individual support on a one . . . → Read More: Wealth Classes Coaching & Legacy Building Solutions – An Overview

RESULTS! Wealth Building Tips from Happy Clients

I’m always giving out wealth building tips but it’s nice when a client gives them out for me!

“Hope of a future, faith in myself, techniques and tools to actualize a wealth plan.” This is what people are saying about Wealth Classes Coaching and the wide variety of classes and workshops we provide. Rich people look at a dollar bill and see a seed. A seed that once planted, will grow into a harvest of plenty more. Yet that seed needs nurturing and feeding to grow to its full potential. What do you see when you look at a dollar bill?

“What seeds will you plant today to bring you closer to achieving total financial freedom?”

If you are committed to building lifelong wealth but you don’t know where to start, listen to one of our workshop participants as she talks about my business partner George Antone and our Infinite . . . → Read More: RESULTS! Wealth Building Tips from Happy Clients