2024-03-17 16:12
In recent years, the United States has witnessed a significant surge in credit card debt, reaching alarming levels that underscore the need for immediate action. As of the third quarter of 2… Read More
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Paradigm Life Blog
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Paradigm Life's blog will give you hints and tips on the Infinite Banking concept and how you can stay financially independent.
2024-03-17 16:07
Is it worth investing in a rider from your insurance provider that grants you secure additional coverage and the flexibility to enhance your disability insurance benefit amount down the line… Read More
2024-03-17 16:03
Whether it’s long term disability insurance or short term disability insurance, we have you covered.
Disability insurance serves as a critical safety net, offering financial protect… Read More
2024-03-03 20:16
Term life insurance is a favored choice among individuals seeking straightforward coverage with clear benefits. While it offers simplicity and affordability, it’s essential to fully co… Read More
2024-03-03 20:10
Maximizing Your Security with Disability Insurance
Ensuring Income with Disability Insurance
Disability insurance plays a vital role in safeguarding your financial well-being by replac… Read More
2024-03-03 20:03
When selecting a disability insurance policy to provide coverage in case of injury or illness, numerous factors need to be evaluated. Given that many disability policies reduce benefits by t… Read More
2024-03-03 19:58
Introduction to Long-Term Care Insurance
Long-term care insurance is a specialized policy designed to cover services that traditional health insurance does not. This type of insurance is… Read More
2024-03-03 19:48
Life Insurance Riders Explained
Life insurance riders provide a way to customize and enhance the coverage of a standard policy. They allow policyholders to add on provisions that cater to… Read More
2024-02-25 07:56
Navigating the world of infinite banking might seem daunting for those people just starting out. However, grasping this powerful financial strategy and becoming proficient in the infinite ba… Read More
2024-02-25 07:43
Balancing Debt Repayment and Emergency Savings: A Smart Financial Strategy
Deciding whether to focus on paying off debt or building an emergency fund is a common financial dilemma. Both a… Read More
2024-02-25 07:37
Congratulations on your retirement! Your dedication, strategic planning, and commitment to saving have paid off, allowing you to enter this new chapter of life. The next step is to ensure yo… Read More
2024-02-25 07:27
Whole life and universal life insurance policies offer more than just a safety net in the event of an untimely demise. These policies are valuable tools for managing life’s financial u… Read More
2024-02-17 12:08
Compound interest is often hailed as the “8th wonder of the world,” a saying attributed to Albert Einstein. The concept is simple: when you earn interest on your initial investme… Read More
2024-02-17 12:02
The Best Budget Apps Include Linking Bank Accounts and Financial Accounts
When it comes to managing your finances, budgeting apps offer a convenient solution to track expenses and gain in… Read More
2024-02-17 11:56
Annuities grow tax-deferred, meaning taxes are deferred until you withdraw money or start receiving payments. Withdrawals from annuities purchased with pre-tax funds are taxed as income, whi… Read More
2024-02-17 11:44
Leading the Pack: Northwestern Mutual Tops the List
As of 2024, Northwestern Mutual stands at the forefront among the largest life insurance companies in the United States, a testament to… Read More
2024-02-17 11:39
What Is a Homestead Tax Exemption?
A homestead exemption is a legal policy that reduces property taxes for homeowners, offering financial relief. It is available in many states and serves… Read More
2024-02-11 17:44
How Whole Life Insurance Helps with Tax Planning
Proper tax planning can help with two crucial goals—reducing taxes while you’re alive and after you pass away. Whole life insu… Read More
2024-02-11 13:43
Life insurance has long been regarded as a safety net for loved ones in the event of an unfortunate passing. But what if we told you that life insurance can also serve as a powerful tool for… Read More
2024-02-11 13:27
Introduction to Wealth Maximization Accounts: A Retirement Tax Planning Tool
Navigating Taxes in Retirement
Retirement planning is a complex puzzle where each piece, from income sourc… Read More
2024-02-11 13:18
High-interest debt, a formidable challenge for many, can significantly undermine financial well-being and hinder long-term financial stability. This type of debt, often manifested through cr… Read More
2024-02-11 13:08
The Importance of Having an Emergency Fund
Having an emergency fund is essential for safeguarding your financial well-being against life’s unpredictable events. This fund acts as a… Read More
2024-01-07 20:27
Being audited can be time consuming and nerve wracking. The IRS does not have the man power to audit more than about 1% of all individual tax returns on an annual basis. To figure out who th… Read More
2024-01-07 20:25
The majority of American’s don’t own long term care insurance policies, yet many will need long term care during their lifetime. So why no insurance? Traditional long term care i… Read More
2024-01-07 20:20
Many consider the “first stock market,” to be established around the year 1530 in Belgium. There wasn’t any stock involved. It was actually a marketplace; a location where… Read More
2024-01-07 20:18
Have you calculated how much money you’ll need to live comfortably in your retirement years? No doubt you’re saving for a retirement date that probably feels nebulous and impossi… Read More
2024-01-07 20:16
I think back to the days I was a financial advisor for a large brokerage firm. The client comes in and I’m talking to him on the phone or in the office, and the client has $500,000 sit… Read More
2024-01-07 20:14
When considering the purchase of a Whole Life Insurance Policy, the primary benefits usually jump right out. For instance, yesterday we focused on the benefits of the cash-value. Today we&rs&hell…Read More
2024-01-07 20:11
Life insurance as a bank? If you’ve never considered the living benefits of a life insurance policy, you’re not alone. The majority of people who purchase life insurance do it fo… Read More
2024-01-07 19:55
Once an individual or family has gotten their feet under them, financially speaking, they start to look toward the future. How can they make the most out of their savings, to ensure that the… Read More
2024-01-07 19:53
Adjustable life insurance is often referred to as a hybrid of term and whole life insurance. It’s permanent, provided premiums are paid, so you don’t have to worry about losing c… Read More
2023-12-24 18:29
According to Greg Gottesman, Managing Director of Madrona Venture Group and founder of Rover.com, students in the U.S. have accumulated college debt of over a trillion dollars (for perspecti… Read More
2023-12-24 18:09
The connection between volatile world events and a volatile market is easy to see, and as investors, we may not be surprised by it but we accept that it’s uncertain. Market volatility… Read More
2023-12-17 17:20
Understanding Life Insurance Dividends from Life Insurance Policies
Life insurance dividends play a pivotal role in the benefits of life insurance policies offered by mutual life insurance c… Read More
2023-12-17 16:53
A straight life annuity might not be the first financial product that comes to mind when planning for retirement. A 401(k) or IRA and Social Security benefits are the most common types of re… Read More
2023-12-17 16:11
The great wealth transfer is a term used to describe the transfer of wealth from Baby Boomers and the Silent Generation to their heirs—and it’s happening now.
Considered… Read More
2023-12-12 01:57
For most people, buying a home is one of the most important financial decisions they will ever make. It’s also one of the largest financial obligations, as well. And unlike many other… Read More
2023-12-11 17:17
It seems that our economy, debt, and personal finance has been at the forefront of the media and the public’s minds recently. Maybe this is because of the current economic situat… Read More
2023-12-11 17:11
If your kids aspire to attend college one day, they’re no doubt focused on maintaining their grades – as they should be. But with the astronomical (and continually rising) costs… Read More
2023-12-11 17:10
You may be asking yourself, “What do the Monetary Policy and the Federal Reserve have to do with me and my personal finances?” The answer to that question is – Everyt… Read More
2023-12-11 17:03
Remember William Wallace? What would happen if we all stood up and shouted, “Aye, play their game and you may live, bank with their allies and you may have a few dollars for a bit lo… Read More
2023-12-11 17:02
Assuming your policy is a non-MEC, when you choose to utilize the cash value, there are a number of approaches that can be taken.
The first approach is to take cash withdrawals from the cash… Read More
2023-12-11 17:02
The very topic of freedom makes my heart beat faster. It makes me feel alive; it moves me to action. I’m reminded of feelings aroused by the movie, Braveheart. By the passion of hero W… Read More
2023-12-11 16:58
Patrick Donohoe, Trever Keele (D.D.S. MBA) and Brad Gibb (MAcc) have a round table discussion about the current state of the economy, Infinite Banking and the effect of Baby Boomers on our s… Read More
2023-12-11 16:57
In this week’s podcast Patrick Donohoe is joined by one of Paradigm Life’s own agents, Brad Gibb. With the recent graduation of High School students across the country, Patrick a… Read More
2023-12-10 21:35
Todd Langford, the creator of the Truth Concepts calculator software, has been an advocate of providing financial education to clients of the financial services industry for many years. His… Read More
2023-12-07 05:09
Building a family legacy is more than just amassing wealth; it’s about laying the foundation for a lasting financial heritage. In an ever-changing financial landscape, the importa… Read More
2023-11-30 03:50
Is Life Insurance an Asset?
Whole life insurance can play a pivotal role in your wealth strategy and is a valuable piece of a balanced financial portfolio, but many people don’t unders… Read More
2023-11-26 21:52
Burial insurance, also called funeral insurance or final-expense insurance, is a type of permanent life insurance designed to cover funeral costs and other end-of-life expenses. But are the… Read More
2023-11-26 20:58
The average tax refund last year was $2,869, according to Bankrate. While average tax returns vary greatly from state to state, it’s not exactly a bad thing if you’re getting muc… Read More
2023-11-26 20:52
Patrick Donohoe is joined by one of Paradigm Life’s most seasoned agents, John Stewart. John has been with Paradigm Life for two years, and has helped many individuals and families cre… Read More
2023-11-26 20:44
A passive income strategy is not always the easiest to come by. When hearing the term “passive income,” real estate or stock market investing are often the most common strategies… Read More
2023-11-26 20:40
Many small or medium sized business owners don’t know how beneficial a business life insurance policy can be to a successful company or even what to do before starting up their own bus… Read More
2023-11-26 20:36
401k Match’s might not be all they are cracked up to be. Speculation has always been a part of markets and always will.
Patrick Donohoe expands on Nelson Nash’s Infinite B… Read More
2022-08-13 20:14
What are the top pros and cons of infinite banking? If you’re curious about this proven wealth strategy and whether or not it’s right for you, read this article to learn the bene… Read More
2022-08-06 21:55
Curious what components of life insurance rise with inflation? With a U.S. inflation rate currently more than 9%, many people are wondering what it means for the cost of life insurance. Will… Read More
2022-07-31 11:05
Universal life insurance is a popular form of permanent life insurance, but is it right for you? Like any financial tool, it depends on how you want to use it. What are your financial goals?… Read More
2022-07-22 23:42
Do women buy life insurance as often as men? And does gender matter when it comes to owning a life insurance policy? It turns out, women may have different reasons for buying coverage than t… Read More
2022-07-15 09:02
Every profession comes with its own unique challenges and financial considerations. Entrepreneurs face start-up costs and a need to generate business capital. Commercial developers need liqu… Read More
2022-07-04 18:24
Considering life insurance for estate planning? Smart move! The right type of life insurance can provide substantial benefits to your heirs, help protect your business, and guarantee your le… Read More
2022-06-25 09:09
Many parents have goals to build generational wealth, allowing their legacy to carry on financially after they’re gone. But growing wealth is only half of the equation—and, often… Read More
2022-06-20 21:24
A cash flow insurance policy can help protect you from market volatility, provide tax-free retirement income, reduce reliance on banks and third-party lenders, and help you keep more of your… Read More
2022-06-12 19:59
If you have a financial goal to grow generational wealth, you may have heard that permanent life insurance offers a proven way to pass tax-advantaged assets to your heirs. But not all types… Read More
2022-06-09 23:21
If the phrase “infinite wealth strategies” conjures up images of a magical genie granting three wishes or money literally growing on trees, it might surprise you to learn that th… Read More
2020-02-24 16:00
You don’t have to be a financial expert to manage your investments yourself. All you need is a bit of education and a clear outline of your financial goals. These are the three questi… Read More
2020-02-10 16:00
Discussing the family bank and whole life insurance isn’t a particularly romantic topic. Most people with life insurance policies name their spouse as the beneficiary and leave it at… Read More
2020-02-07 16:00
Income producing assets are what separate the wealthy from the working middle class. In fact, during his five-year study of habits of the rich and poor, author Tom Corley found 65% of millio… Read More
2020-01-30 16:00
By law, January 31 is the last day for employers to mail W-2 forms to employees in preparation for tax season. Likewise, you may also be receiving 1099s or other forms regarding your inves… Read More
2020-01-29 18:02
Utilizing cash looks different for everyone. What’s great about owning a cash value insurance policy, also known as whole life insurance, is that when you are ready to utilize th… Read More
2020-01-28 20:30
By definition, “insurance” is a contract or policy that provides financial protection against loss. Whether it’s loss of property, a job, health, even a particular skill or… Read More
2020-01-28 16:33
“Life insurance policy riders? You mean there’s even more to consider?” After you’ve done your homework, compared different types of life insurance, and decided on th… Read More
2020-01-27 20:33
Life insurance is, usually, purchased to provide financial support for your family upon your death. A pre-arranged sum of money is disbursed to your loved ones to be used in any way they cho… Read More
2020-01-22 16:00
Do you qualify for life insurance? Insurability comes with a lot of misconceptions. One of the common reasons people overlook insurance as an investment tool is the assumption that they are… Read More
2020-01-17 17:00
“When the architects of our republic wrote the magnificent words of the Constitution and the Declaration of Independence, they were signing a promissory note to which every American wa… Read More
2020-01-14 10:00
Congratulations on adopting the Perpetual Wealth Strategy. In this inaugural episode, host and Paradigm Life CEO Patrick Donohoe dives into some of the incredible wealth-building principle… Read More
2020-01-10 16:00
When looking into getting a whole life insurance policy, obviously one of your first questions will be, ‘how much will my life insurance premium cost?’ The answer to your qu… Read More
2020-01-09 16:00
How much are you worth, really? Traditional bank statements tell you that your assets minus your liabilities determine your net worth. The workforce places a value on your life conveyed by t… Read More
2020-01-08 21:00
The paid-up additions (PUA) rider is a unique additional insurance feature that comes with utilizing whole life insurance. To understand how PUA works, you must first understand one of the m… Read More
2020-01-08 20:33
What is the Cash Value of Whole Life Insurance?
The cash value of whole life insurance is the contractual dollar amount the insurance company will exchange with a policy owner in the event t… Read More
2020-01-07 18:54
Is a Tiny Home Investment Right for You?
Tiny homes are all over reality TV and sweeping the nation. Whether you’d ditch your mortgage and live in a tiny home yourself or plan to… Read More
2020-01-07 16:00
What is Cash Flow Banking?
Cash flow banking is a concept that allows you to capture the opportunity cost of your dollars. It lets you be your own bank and earn interest on yourself. Th… Read More
2020-01-06 18:00
Money in motion tends to stay in motion.
Keeping money in motion by moving it through assets is how you generate wealth. It’s not about saving piles of money in various… Read More
2020-01-06 16:00
Eat, sleep, work, repeat… Does this rat race sound familiar? For many, the get-up-and-go-to-work routine this is the only way they know, simply trying to pay the bills and survive.
Th… Read More
2020-01-05 19:00
Financial responsibility comes in many forms and is important for a multitude of reasons.
When we are accountable for something within our control and management, such as money, it becomes o… Read More
2020-01-03 18:05
Did you make any resolutions this year? It’s not too late, especially if you’re vowing to make 2020 the year you gain financial control. But too many Americans make the wron… Read More
2020-01-02 22:20
When discussing entrepreneurship, being in control is a crucial aspect of successful business ownership. Today we will dig deeper into how to use a cash value focuse… Read More
2020-01-02 22:00
Entrepreneurship and its benefits to the U.S. economy are as great as gospel to the financial gurus. But for you (the prospective new BOSS), it’s the personal rewards of entrepre… Read More
2020-01-02 21:44
Entrepreneurship, owning your own business, and being the boss are right up there with owning your own home as the most defining concepts of the American dream.
Today, with the high rat… Read More
2020-01-02 21:00
When it comes to personal wealth management, have you defined your financial goals? And will you know when your goals have been reached?
Recently, my wife and I took our three little bo… Read More
2019-12-31 19:30
A paid-up additions rider isn’t the first thing that comes to mind when people think of home renovations. In fact, life insurance is rarely the first thing on anyone’s mind… Read More
2019-12-31 18:05
Universal life insurance might not be the right choice for you.
Though all permanent life insurance policies render a cash value, universal life insurance isn’t necessarily… Read More
2019-12-30 22:20
Limited pay life insurance is for an individual who owns a whole life insurance policy but chooses to pay for the total cost of their premiums for a limited number of years. With the limited… Read More
2019-12-30 21:12
In the late 1960s, a musician named Edwin Starr rose to fame with a song titled, “War.” The chorus of the song is “War, what is it good for? Absolutely, absolutely nothing… Read More
2018-09-24 15:51
What are your options when a steep decline in the stock market and the interest rate on all of the “safe” investments is next-to-nothing? You don’t want to panic, but leavi… Read More
2018-09-10 16:44
The 2018 Cash Flow Wealth Summit promises to be the most inspirational conference in the event’s history. This motivating summit has played host to amazing presenters in the past… Read More
2018-07-24 21:19
The term “American Dream” has been thrown around so often in every context, that it has become almost a cliche without much meaning. I would like to share what I consider the Ame… Read More
2018-06-25 15:08
People make irrational decisions—especially when it comes to their money. Researchers tell us that we will indeed pay more for the same cup of coffee when offered a different experienc… Read More
2018-05-30 15:14
We tend to do everything we can to maintain good credit. We pay our bills on time, limit the number of credit cards we take out, and even pay for credit-monitoring services just to make sure… Read More
2018-05-07 15:45
The prospect of being able to fund the costs of your children’s college education can feel daunting. Particularly if your children want to go to a private four-year university directly… Read More
2018-04-23 16:24
I talk to a lot of people, and get to see what financial decisions they make. Why they did this, why did they do that, and what their failures are, among other things. Unfortunately, a huge… Read More
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