103: Rachel Marshall – Whole Life Insurance For Multi-Generational Wealth

Today's guest on The Expat Money Show is Rachel Marshall, Chief Financial Educator & Co-Founder of The Money Advantage podcast (https://themoneyadvantage.com/subscribe-to-podcast/), the popular business, and personal finance show. She teaches how to keep more of the money you make, protect it, and turn it into cash-flowing assets. I know some of you are thinking: Mikkel, Life Insurance....really? how boring! But I can tell you, this conversation with Rachel Marshall is super interesting. Really! There were so many questions for her, stuff people just don't know or understand, and once you've listened to this episode, you will. For true generational wealth, this is an amazing podcast to listen to. In Rachel's words: 'We help entrepreneurially-minded wealth creators build financial freedom with Privatized Banking, alternative investments, and cash flow strategies without working harder or sacrificing their lifestyle.'   TOPICS DISCUSSED IN DETAIL IN THIS INTERVIEW:Money Advantage Podcast with Mikkel Thorup (https://themoneyadvantage.com/mikkel-thorup-expat-living-and-offshore-investing/) Robert Kiyosaki The difference between the many types of insurance Having income is not the same as wealth Privatized banking Safe. Liquid. Growing. Whole Life Insurance - When did this start? Is it something new? Or old? Nelson Nash - NN Institute TheMoneyAdvantage.com (https://themoneyadvantage.com/) Details of Whole Life Insurance Leveraging your insurance Generational Wealth transfer Compound Interest   HOW TO REACH RACHEL MARSHALLTheMoneyAdvantage.com (https://themoneyadvantage.com/) Book a 30-minute call Free Guide - Privatized Banking Strategies (https://privatizedbankingsecrets.com/freeguide/)   RELATED ARTICLES & PODCAST EPISODES078: Brandon Pearce – How To Travel The Globe Homeschooling Your Children (https://expatmoneyshow.com/captivate-podcast/brandon-pearce-intentional-living-world-schooling-your-children/) 075: Grant Cardone – Developing a Millionaires Mindset (https://expatmoneyshow.com/captivate-podcast/grant-cardone-how-millionaires-think-developing-millionaires-mindset/) 016: Clint Arthur – How To Position Yourself For Success (https://expatmoneyshow.com/captivate-podcast/clint-arthur/)   FINAL THOUGHTSI loved this episode with Rachel Marshall and I learned a ton. Even though I'm a Canadian, I left before I got Life Insurance for myself and my family. As I found out today, Whole Life Insurance is really a special product for Americans and Canadians and that's why I had never heard of it, living in the UAE for 8 years. I'm really glad Rachel walked me through the concept of Generational Wealth and I can't wait to buy her book: 7 Generations when it gets published!   Support this podcast