2018-04-17 14:33
I want to spend a little time on the idea behind the “Legacy” stage of the Perpetual Wealth Strategy. That’s something that’s somewhat hard to talk about because Lega… Read More
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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.
2018-04-16 15:12
Let’s face it: The cost of a college education is quickly spiraling out of control. Whether you’re still paying back your own college loans or facing the prospect of helping your… Read More
2018-04-09 15:37
Does the idea of saving enough money for your dream retirement stress you out? Even if you’re feeling financially sound now, you might worry about whether or not you’ll… Read More
2018-04-03 16:40
There are so many “Goliaths” when it comes to financial advice this is beat into our heads every day. These “experts” spout the same diatribes so much that they… Read More
2018-03-26 16:04
Typical tax-deferred or tax-advantage savings plans haven’t proven themselves to be a guaranteed way to help people keep more of their savings protected from the tax man. This is for t… Read More
2018-03-19 16:00
Are you counting on using a traditional, tax-deferred savings plan to support you with retirement income? These products seem to provide a common way for Americans to save for the future. Th… Read More
2018-03-12 16:02
Active duty members of the military and those qualifying for veteran’s benefits have several advantages over the typical investor when it comes to growing wealth in rental real estate… Read More
2018-03-06 16:49
We’ve all heard reports about wages staying relatively stagnant year after year. This news is depressing, especially as we face an increasingly uncertain future, with astronomically ri… Read More
2018-02-26 18:57
In February 2007 we were blessed with our fourth child. We didn’t know it at the time, but Thomas came to us with some challenges. After failing multiple newborn hearing screenings, we… Read More
2018-02-19 16:43
Are you looking for ways to enjoy greater financial freedom? Perhaps you’re worried about spending too much of your monthly earnings, or maybe you just want to ensure a comfortable ret… Read More
2018-02-12 16:35
When most people retire, they want to get two things out of their retirement nest egg: They want to know that they can live comfortably and independently for the rest of their lives, and the… Read More
2018-02-05 15:48
Throughout our lives, we depend on traditional banks as our main funding source. Banks provide us with loans to pay for our cars, our homes, our college tuition bills, and, when necessary, o… Read More
2018-01-29 18:58
There are multiple reasons you should consider a banking policy instead of 401K for your retirement. Though a life insurance policy might not be a traditional solution for a cushy retirement… Read More
2018-01-22 16:47
Most Americans are too scared about running out of money to be able to enjoy their retirement. They fear that they haven’t saved enough, or that inflationary forces will eat away at th… Read More
2018-01-15 18:45
With endless uncertainty and political turmoil surrounding Social Security, it’s no wonder that most Americans feel very wary about Social Security. They simply don’t have any co… Read More
2018-01-08 16:13
No one consciously decides to limit their wealth, but most of us believe that the limitations on our wealth are largely determined by the hand we were dealt in life. Perhaps we will need to… Read More
2018-01-02 20:20
My wife and I just purchased an Asset Based Long Term Care (LTC) policy. Sue is 46 years old and I am 48 years old. Why would we do this, likely, 30 years before we will use it? To pro… Read More
2017-12-20 17:30
Over the holidays, many consumers resort to using credit cards to pay for gift. Often these consumers do not have enough money to cover the credit card balances they accumulate, and end up i… Read More
2017-12-12 16:20
Investment decisions that keep you awake at night are not the kind of investment choices you should be making. If your mind is constantly racing because you’re questioning an investmen… Read More
2017-12-04 20:49
With Thanksgiving just behind us and more holidays around the corner, this seems to be a time of year for mixed emotions. On one hand it’s about family coming together, beautiful decor… Read More
2017-11-28 17:49
Real estate and wealth go hand-in-hand. Andrew Carnegie is credited with stating nearly a century ago that “90% of all millionaires become so through owning real estate.” Owning… Read More
2017-11-16 16:46
Ironically, when many people hear the words “life insurance,” they often think of death and how a life insurance policy can financially protect their loved ones. While term life… Read More
2017-11-08 15:07
After most Americans retire, they typically live off a mix of assets squirreled away in 401(k)s, Roth IRAs, traditional IRAs, stocks and bonds, and CDs. Each of these savings plans carries d… Read More
2017-11-03 17:41
The emergency fund is like a necessary evil. We know we need one, yet hate that our cash lazily sits in it. We feel guilty if we don’t have one. In terms of an emergency fund, many of… Read More
2017-11-01 15:00
Keeping your current lifestyle in retirement can be very important to you, but will you be able to do it? That depends on the kind of lifestyle you’re leading right now, and whether yo… Read More
2017-10-24 16:40
I often think that my experiences as a child were very unique. Most of my major learning opportunities, even to this day, have come from information that was introduced to me at a very young… Read More
2017-10-19 20:17
Saying we love our families more than a banking institution seems obvious and people will say, “Well, of course I love my family more than I love the bank.” However, I only make… Read More
2017-10-17 16:30
Nobody gets out of this life alive. Unfortunately, you can’t take your money wherever you go next. Instead, you (or at least the people you leave behind) have to contend with The Feder… Read More
2017-10-10 17:07
Having a comfortable retirement is a big deal, but will you really have enough money? If you end up without proper savings, living off your social security benefits probably won’t give… Read More
2017-10-03 15:50
Consider, for a moment, how you start your week or even a typical day of work. Are you already counting the days until the weekend? Before you metaphorically wake up on the wrong side o… Read More
2017-09-25 17:26
Banks offer a “service” to employers allowing them to direct deposit their employee’s paychecks directly into their checking or savings account. This seems like a wonderful… Read More
2017-09-20 16:05
Hurricanes and other superstorms cause a tremendous amount of damage. During the last few weeks, we saw a flurry of storms batter parts of Houston and Florida, with more on the way. Some sup… Read More
2017-09-12 16:51
It’s impossible to put a number on human potential. When it comes to finding the right building blocks to help us gain our fortunes, there’s countless ways to get started. For st… Read More
2017-09-08 18:35
In the next 30 years, there will be a great wealth transfer through three generations. An estimated $30 trillion will be passed from Baby Boomers, to Generation X, and subsequently to Millen… Read More
2017-09-05 18:05
I was at a financial symposium last week and one of the presenters made a profound statement. He said, “Don’t go broke in a nursing home.” That’s a scary thought, isn… Read More
2017-09-01 16:49
I recently had an amazing experience. I have the luxury of living in Utah, home to some amazing national parks, including my favorite, Zion National Park. Zion is known for its amazing vista… Read More
2017-08-25 17:51
The Greek myth of Sisyphus may not be immediately recognizable by name, but we’ve all heard the story of this man who is condemned to roll a boulder up to the top of the hill, only to… Read More
2017-08-23 19:42
Many real estate markets in the U.S. are widely considered in 2017 to be in a similar bubble to 2008. USA Today reported last week that housing inventory was at a 20 year low. Even con… Read More
2017-08-21 21:33
Have you ever had something stolen from you? I remember being robbed about 20 years ago, and still today, I remember clearly exactly how I felt. There are immediate feelings of violation and… Read More
2017-08-16 19:41
The average life expectancy for infants born in 2013 is 81 years old for females and 76 years old for males. Clearly, these ages are only an average, but there are things can provide some in… Read More
2017-08-14 19:53
Our economy is in the midst of a huge shift; one that will require us to adapt. The first step in adapting is gathering information, as we won’t thrive in a new and possibly volatile e… Read More
2017-08-09 17:55
We’d all like to pay lower taxes. However, when looking at the big picture, we see the important initiatives and benefits brought by our tax dollars. Yet, there’s a way to learn… Read More
2017-08-02 19:37
One of the most common questions we get from our clients at Paradigm Life is, “Why have I not heard about this strategy before?” After discussing all the basic benefits of the Pe… Read More
2017-07-31 20:23
Everything on this Earth was put here to either act or to be acted upon. Which one are you?
A lumberjack acts, and the trees are acted upon as they are taken from the forest to become lumber… Read More
2017-07-20 19:32
Conditioned thinking can often hold us captive. What is conditioned thinking? It is the process our brain goes through when it has been exercised repeatedly to think a certain way. Condition… Read More
2017-07-18 19:43
I recently read about a U.K. Journalist named Nigel Reynolds, who was the first journalist to interview J.K. Rowling, author of the Harry Potter series, as she attempted to publicize her new… Read More
2017-07-13 21:43
At Paradigm Life we often get clients that have credit card debt and they just don’t quite know how to dig out of it. They know it is a serious issue, but never know how severe it trul… Read More
2017-07-10 19:37
There is a direct correlation between the environment you’re in and creativity. Successful individuals surround themselves with everything they need to be successful in their given fie… Read More
2017-07-05 17:54
Have you ever played a game for the first time with someone who was a master at that game? Now, usually in this situation, the seasoned player will explain the rules and even assist during t… Read More
2017-07-03 21:17
How you’ve been taught to measure your wealth may not be terribly effective, and it can set you up for disappointment down the road. Ask yourself: How do I measure wealth?
If you are l… Read More
2017-06-28 21:50
There are many types of investments that can be structured to achieve a positive cash flow. More than a dozen unique alternatives were presented at the 2017 Cash Flow Wealth Summit (CFWS) al… Read More
2017-06-26 17:32
We live in an immediate gratification society that often leads us to believe that everything should happen instantaneously. The devices we all carry around every day reinforce this. Any info… Read More
2017-06-16 21:00
Opportunity cost is an important economic term that gets much less attention than it deserves among financial planners. It’s the idea that you have a mutually-exclusive choice to make… Read More
2017-06-12 17:19
Creating value is what we do here at Paradigm Life. This should not only take place in a portfolio, but also in personal relationships as well. Contributions create value. It’s importa… Read More
2017-06-07 17:33
I am the 8th child out of 10 in my family, all of which are boys. I grew up on a modest farm in Star Valley, Wyoming and I never really considered what it would take to have the proper… Read More
2017-06-05 17:12
Each of us have a specific tolerance for fear. What may cause the hair on the back of one person’s neck to stand up, brings the exhilaration of adrenaline to another person. Fear is on… Read More
2017-06-02 19:23
The Cash Flow Wealth Summit is taking place on the 22nd and 23rd. For this 3rd annual event, they are excited to host more guest than ever before. In conjunction with this event, we are happ… Read More
2017-05-31 16:32
Residential real estate has reached an all-time high in 2017. In times like these, it seems everyone you meet is invested in real estate and is telling you to do the same. While that co… Read More
2017-05-26 17:44
The 2017 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 and t… Read More
2017-05-22 17:43
It’s difficult to retain a sense of privacy in the world today. You can barely shop in retail now without being asked your phone number or zip code. The same rule applies to any t… Read More
2017-05-19 17:00
If you were to look under a microscope at your cellular makeup, it appears that the cells are in complete chaos, without perceived direction. Yet, if you were to look at the whole of our hum… Read More
2017-05-15 16:54
Why is it that some families in this country seem to have it all? Do they work harder? Are they luckier? Where they born under a lucky star? More than likely, it is none of the above. There… Read More
2017-05-12 17:47
Each of us make decisions, big and small, by comparing our emotional and rational sides. When it comes to finances and investing, this is no different. Too often, we believe that our rationa… Read More
2017-05-08 17:13
If you have been on a cruise lately, you partook in a one-of-a-kind experience. Thousands of people board these billion-dollar miracle structures daily. In a year, millions cram into cabins… Read More
2017-05-05 21:09
I am always on the hunt to educate myself. Not only do I read as much as I can, I also listen to a lot of audiobooks and podcasts. In between all of this stuffy content, I also make tim… Read More
2017-05-03 20:43
If you’re a parent with elementary school aged children, you’re familiar with the annual science fair project. One such project is the concept of how molecules of water are attra… Read More
2017-05-01 20:27
My perspective about life insurance was changed forever when I was looking up into the faces of my family from a hospital bed. We didn’t know if I was going to make it one more day or… Read More
2017-04-28 19:59
Whole Life Insurance provides an Ideal place for Business CapitalEach time a premium is paid into a whole life insurance policy, an increasing percentage of that premium builds cash value. A… Read More
2017-04-26 16:24
Long-Term Care… We all have reasons why we haven’t started planning, right?
I have found, though, that people who have started on this path have good things to say. They f… Read More
2017-04-24 18:15
You may have heard the quote, “If you’re the smartest person in the room, you better find another room.” I completely agree with this concept. If you are the smartest one i… Read More
2017-04-19 19:56
In the summer of 2009, I read a financial news story that I won’t soon forget. It was about a woman who lost $1 million overnight. The unforgettable part of the story is not so much th… Read More
2017-04-17 20:44
Up the canyon in Ogden, Utah is a beautiful lake called Pineview Reservoir. One of our family’s favorite activities during the summer is to take the boat up in the evening for fun-fill… Read More
2017-04-12 21:05
The common opinion of most Americans when it comes to whether FDIC insurance, if they ever think about the FDIC, is that it provides guaranteed security. One specific example came from my ow… Read More
2017-04-10 18:21
You may have just read that title and thought, “What? Who shouldn’t be happy when they get money in the mail?” The answer is simple – the person who overpaid fo… Read More
2017-04-07 20:22
Putting your money in Wall Street is gamble. Yes, gambling can pay off, but there’s always a considerable risk. When you rely on Wall Street and invest your money, professional fund ma… Read More
2017-04-05 20:08
When it comes to retirement nest eggs, there are two things that potential retirees hope to achieve. First, you’ve worked for decades and deserve a chance to stretch your legs and live… Read More
2017-04-03 20:40
Financial freedom is a tough goal, especially if you have children and loved ones asking to borrow money at every turn. However, independence from the stress of living paycheck to paycheck i… Read More
2017-03-31 20:52
Let’s face it, managing your money isn’t always fun. For most of us, it’s a necessary evil. You may use pen and paper, a checkbook, or excel to manage your money, but there… Read More
2017-03-29 23:09
If you’ve mustered the courage and done the research to start your own business, pat yourself on the back. However, if you decide to jump in head first without doing research or taking… Read More
2017-03-27 21:35
Shopping for groceries can be a stressful chore. There’s a never-ending list of things that you, your spouse, and your kids keep throwing in the cart, racking up cost and busting… Read More
2017-03-24 20:54
When was the last time you saw a $2 bill? These rare bills are also known as “Toms,” thanks to Thomas Jefferson, whose face decorates them. So, what happened to Toms and why is i… Read More
2017-03-23 17:21
In episode 187 of The Wealth Standard podcast, host Patrick Donohoe talks with Jeff Schneider. Jeff is the President & CFO of a unique business called Royalty Exchange. Royal… Read More
2017-03-22 17:49
When you hear the name Warren Buffett, what comes to mind? Success? Money? Investor? There is no doubt that the Buffett name suggests many different perspectives. One thing is for sure; his… Read More
2017-03-20 22:58
Is the 401(k) the Best Option?
Corporate America has relied on Wall Street for decades, starting with the Initial Public offering to the commercial paper markets that assist in short ter… Read More
2017-03-20 18:17
We never recommend that you put all of your retirement money in one place, and we’d always opt to put the larger chunk of it into what we call The Perpetual Wealth Strategy. So… Read More
2017-03-17 20:36
How to Snag Your Pot O’ Gold
Innovative ways to make more money are out there. Whether it be within your business or something you pursue on the side; we have all asked ourselves the i… Read More
2017-03-15 20:17
How to Get the Deductions You Deserve
It’s the most wonderful time of the year—tax time. It may only be one day out of the year, but it seems like we spend the other 364 days pre… Read More
2017-03-15 09:00
Patrick Donohoe & Co-host Chunga talk about the accuracy of financial advice given to American men & women from “experts” in the media. How much advice given to the… Read More
2017-03-13 21:01
Money Monday: Traveling on a Budget
Okay, so it’s decided. You are finally planning that vacation you’ve been talking about for months. But, your planning comes to a screeching h… Read More
2017-03-10 18:29
How Much Money Do You Really Need to Retire?
Retirement. Hearing the word makes us think about the future. No need to worry about it now because it is something we can “figure out&rdqu&hell…Read More
2017-03-08 21:36
Do You Know the Hidden Costs of Owning a Pet?
The old saying goes, “a dog is a man’s best friend”, but at what cost? We know you’ve been there. You see an adorable do… Read More
2017-03-08 21:28
Patrick Donohoe is joined once again by special guest Dr. Matt Woolley. Together, they discuss the psychology of losing money!
Dr. Matt Woolley is a clinical psychologist and award win… Read More
2017-03-06 21:59
6 Easy Ways to Boost Your Self-Confidence
Self-confidence is not like a bachelor’s degree. You don’t obtain it once and have it for the rest of your life to display on a resume… Read More
2017-03-03 18:55
How to Stack the Financial Odds in Your Favor
Here’s the hard truth: far more people lose in the stock market than win. It’s not built in a way for the average Joe to strike it r… Read More
2017-03-01 21:35
Patrick Donohoe is joined by special guest Dr. Matt Woolley. Together, they discuss the psychology of making money!
Dr. Matt Woolley is a clinical psychologist and award winning professor at… Read More
2017-03-01 18:45
Why the Law of Demand is More Fickle Than Your Ex-Girlfriend
You can’t hide from it. Every time you pull out your wallet you are participating in the law of demand. Without even thinki… Read More
2017-02-27 20:39
How to Make Large Purchases Using Insurance
What counts as a big purchase for you—a house, a car, travel? Maybe a daughter’s wedding? Even though the definition of a large purcha… Read More
2017-02-24 19:06
4 Things You Should Do Now To Protect Your Financial Identity
Every so often, it makes the news. We hear an awful story about some low-life, financial hacker stealing someone’s i… Read More
2017-02-22 17:05
4 Easy Ways to Make a Better Decision
How do you make the most important decisions in your life? Flip a coin? Draw straws? According to, well . . . science . . . your method may be just as r… Read More
2017-02-20 17:32
Is Trump a Mastermind or a Bull in a China Closet?
It seems like every day the president of the United States is doing something that affects every man, woman, and child on the planet (for g… Read More
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