Nov 10, 2015

Become Your Own Bank (Episode 014)
Summary: Patrick Donohoe of Paradigm Life joins Andy Tanner to talk about cashflow and investing. In this episode, Patrick and Andy talk about using life insurance to essentially become your own bank. They also talk about the importance of expanding your mind when investing. Show Notes: [00:00:20] Introduction [00:00:36] Patrick Donohoe guest [00:02:23] Everyone has […]

Summary:

Patrick Donohoe of Paradigm Life joins Andy Tanner to talk about cashflow and investing. In this episode, Patrick and Andy talk about using life insurance to essentially become your own bank. They also talk about the importance of expanding your mind when investing.

Show Notes:

[00:00:20] Introduction

[00:00:36] Patrick Donohoe guest

[00:02:23] Everyone has money problems

[00:03:40] Expanding you mind when it comes to investment

[00:03:56] Patrick’s background

[00:05:37] Connections & Disconnections in Education

[00:07:58] Find your passion

[00:09:11] Talking about cashflow

[00:10:28] Building the foundation

[00:12:48] Comparing insurance vs other traditional investments

[00:15:10] Borrowing money from yourself (Become your own bank)

[00:20:32] Replacing traditional banking

[00:22:31] The typical type of person who uses this type of insurance

[00:26:04] The educational side of Paradigm Life

[00:28:19] ParadigmLife.net (Get free education)

[00:31:37] Wrap-up / Conclusion

 

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ANDY TANNER

Founder & Head Instructor

Based on Andy’s experience teaching hundreds of thousands of people around the world, he understood the goals and frustrations of investors everywhere. They want to take control of their investing but are confused by the jargon and complexities of stock investing. And with so much hype built up around making money, he knew there was a better way to help his students. Instead of giving people advice, Andy focuses on building knowledge, skills, and confidence.