Building wealth isn’t just about making money—it’s about maintaining control over it through family banking. In this episode, Wade Reed sits down with Gary Pinkerton, a financial strategist and former Navy officer, to break down the Family Bank Strategy—a powerful approach to growing and protecting wealth. Gary shares his personal journey, from his military career to a financial awakening after the 2008 market crash, and how it led him to rethink everything about money management. He dives into why traditional financial advice often falls short, the dangers of handing over control of your wealth, and how liquidity and long-term thinking are key to financial stability.
KEY TAKEAWAYS:
· The Family Bank Strategy gives you control over your finances instead of relying on traditional institutions.
· Many people unknowingly follow a broken financial system that doesn’t prioritize their best interests.
· Losing nearly half a million dollars in the market crash was a wake-up call for Gary to rethink wealth building.
· Having liquidity and access to capital is crucial for long-term financial security.
· Traditional retirement accounts often don’t perform as expected when considering real returns over time.
· Whole life insurance can be a powerful financial tool when used strategically.
KEY TOPICS:
00:43 A Journey From Military To Finance
08:05 The Turning Point: Losing Half A Million In The Market Crash
13:29 The Importance Of Financial Control
17:03 Whole Life Insurance: The Ultimate Financial Asset
Love the show? Subscribe, rate, review, and share! http://www.moneymasterycoaching.com/
Popular Podcasts
Las Culturistas with Matt Rogers and Bowen Yang
Ding dong! Join your culture consultants, Matt Rogers and Bowen Yang, on an unforgettable journey into the beating heart of CULTURE. Alongside sizzling special guests, they GET INTO the hottest pop-culture moments of the day and the formative cultural experiences that turned them into Culturistas. Produced by the Big Money Players Network and iHeartRadio.
On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com