Todd recently received a question that allowed him to unpack one of the more misunderstood topics of home ownership: mortgage interest deductibility—especially for high-income earners. What came out of that conversation challenges a belief many people have accepted as fact. The Myth: “Your Mortgage Interest Deductions Phase Out” You’ve probably
One of the things that we cover quite a bit covered quite a bit in our training is the value of asking questions. When we as advisors can ask our clients questions and get them to think about the answer, it will transform our ability to educate our clients and to motivate them to take action.
In the world of finance, there’s one thing we can’t afford to compromise on: the truth. At Truth Concepts, we believe math is absolute. There’s no gray area when you plug in the right numbers—but the human element, the assumptions and interpretations, can throw everything off. That’s where the industry
“There is nothing more uncertain than life, and nothing more certain than life insurance.” Solomon Huebner Foundational Life Insurance Education It’s easy to get caught up in the more exciting parts of life insurance, like the infinite banking concept. After all, it’s exciting to think about leverage and cash flow
Many of the common business phrases and jargon exist because there’s truth to them—we wouldn’t give them merit otherwise. You’ve probably heard phrases like: “Anything worth doing is worth doing well,” or “Work hard, play hard.” One that we’ve recently heard is that you’ve got to start small to
“Success is where preparation and opportunity meet.”– Bobby Unser, Indianapolis 500 Champion
Earlier this month, we had a small AND mighty group of advisors at our Houston Truth Training. It was a great event filled with new insights on some of the latest Truth Concepts updates and material. The following are some of our favorite quotes from the event. Quotes on Life
If you’ve attended a Truth Training, you know we like to share some videos along the way. Rather than strictly educational, we aim for some comedic relief with an honest punchline. It helps to break up the long days while still being valuable. We’ve compiled our favorite funny financial literacy
Truth Concepts is an invaluable resource included in all TC 360 memberships. With TCA, you can access tutorials, training videos, and all previous monthly training calls with Todd. It’s a perfect way to brush up on your favorite calculators and keep your skills sharp. And we want to help you
Important Note – The “Extra Payment Lost or Found” does not add to (or subtract from) any of the calculations. It is just a way to see the difference in net payment at a rate between whatever is in the “Market Loan Rate” input and either: the net earnings rate