This is a must hear interview with Todd Ballenger, author of Borrow Smart, Retire Rich, A 7-Step process to managing the wealth in your home.

About Todd
 Todd began a financial planning practice in Chapel Hill, NC. over the past years Todd has held his Securities, Life & Health, Real Estate and Mortgage Licence.

His interest in real estate and mortgage lending led to the development of a mortgage company focused on managing both sides of the balance sheet. Focusing first on cash and liability management, the savings and increased cash flow were then applied toward the future wealth of his clients. That initial vision was rolled into a public offering in 1999. NASDAQ: MDCM (mortgage.com).

Since 2000, Todd primarily consults with financial institutions to develop integrated cash and liability management strategies for their lenders and advisors.

Todd has worked with Charles Schwab, Ameriprise, American Express, Merrill Lynch, MetLife, Wachovia, PHH Mortgage, Everbank, Old Mutual, Jackson National, LPL, and many other financial institutions and associations dedicated to developing strategy, content, training, and tools to support their financial advisors in the management of cash, liabilities and assets.

Page one (1) of Borrow Smart, Retire Rich:
"Owning a house can be one of your best tools for creating wealth. A house is a place to live and work, but it can also be an instrument for tax deductions, asset, diversification, leverage, wealth accumulation, wealth transfers and charitable giving."

Do you look at managing your mortgage as the same as managing the dollars you already have saved? David and Todd dicuss the fact that your mortgage is one of the most powerful financial tools that you have at your disposal. The way you manage your mortgage, can have far reaching implications on virtually every facet of your financial life, including your ability to save, pay for college and plan for your retirement.

On Page 26 of Borrow Smart Retire Rich:
"For many Americans, more money will likely flow through their house than will ever flow through their other investments. Properly managed, your investment in the house could account for thousands and even millions of dollars in new wealth over your lifetime."

Tune in to hear David and Todd talk about:



What is EPR?

Safety, Liquidity and Return

The life events that often increase the need for access to the wealth in your house are typically the same events that block such access.

External threats over which you have little or no control can affect your credit in a way that immediately blocks future access to wealth in your house.

And much more!

You can buy Todd's book on Amazon by clicking HERE.

To learn more please visit: BorrowSmartRetireRich.com also be sure to visit: WhatIsEnough.org

Tune In, Listen and Learn!

David continues to talk about the three types of money and major wealth transfers.

Most in the financial industry focus on accumulated money. Specifically, to increase one's accumulated money, the focus is usually on finding better investments that pay a higher rate of return, often requiring increasing the level of risk in the process.  Ask yourself this question: When someone advises you how to increase your investments, who's money is at risk? Yours or theirs? 

Often times, the advice one receives is to cut back on their standard of living and give up the luxuries they currently enjoy. By far the most common strategy to increase one's assets is to go on a financial diet and cut back on spending one's lifestyle money. For many people the thought of giving up today to build for tomorrow is the only strategy they believe is available.  This thought is so stressful that it can keep even those who want to save from taking any action at all. This often brings us back to the position of trying to find better investments to make our money grow. 

There are many ways to increase your wealth. One way is to be more efficient with the money you already have. 



Are you focusing on the wrong money? The answer lies in your TRANSFERRED money. Money that is already passing through your hands, but that is being lost through wealth transfers. The two biggest wealth transfers are your mortgage, specifically the way you go about managing your equity. The 2nd major wealth transfer for most people is their taxes. Most people are not aware of the strategies available to drastically reduce the amount taxes they end up paying over a life time.  

Listen in as you will learn about strategies that allow you to recapture hundreds of thousands of dollars of transferred money. 

What strategy do you have to minimize your wealth transfers? Transfers that most likely you aren't even aware of.

If you would like to find out how these strategies can help you. Call David at: 501-952-3090

David continues talking about the three types of money. Specifically, this week he focuses on two types of transferred money: Mortgages and Taxes.

You will want to consider attending the upcoming mortgage payoff strategy event where you can learn how to avoid paying all the interest you are paying on your home unnecessarily. Learn how to pay off your home in under ten years and recapture every dollar in interest you are paying unnecessarily. In addition, you can put every dollar you paid for your home back in your pocket. To learn more checkout our upcoming events page.

David continues to discuss the three types of money.

Your mortgage, or more specifically how you manage your mortgage can contribute to a major wealth transfer. If you aren’t implementing a prudent mortgage planning strategy, by default, you are transferring a large amount of your wealth to someone else.

Another major wealth transfer is taxes.

If you are not satisfied with your current financial outlook, then tune in, listen and learn.

Remember, you can always text “DLShow” along with your comment to 90120

If you don’t have time to listen from your computer, then be sure to download The David Lukas Show Android or Iphone app today and listen on the go.

Financially, we assume things to be true that are not, simply because others told us they were true. David talks about really BAD advice that he recently heard on a nationally syndicated radio show who featured a "financial expert".

"It's not the rate of return or where your money is that matters, but rather how your money works"

David talks about the three types of money.

1. Lifestyle Money: Lifestyle Money represents what you have to spend to maintain your standard of living: your home, the car you drive, etc.

2. Accumulated Money: Accumulated Money represents what your current savings and investment dollars. This is where most people focus their time managing their money.

3. Transferred Money: People's failure to accumulate wealth is directly related to this type of money. Too many people are focused on higher rates of return on their investments, when the real problem is people are transferring their money away unknowingly and unnecessarily. What relief do you have to recapture some of these transfers? Listen in as David discusses this very important topic.

David talks about the major wealth transfers. Taxes Qualified Retirement Plans Financial Planning Disability Credit Cards Tax Refunds How You Pay Your Mortgage Purchasing Cars Investments

With the right strategy, many of these transfers can be eliminated or greatly reduced. The key to lasting financial security isn't about finding an investment that offers you a higher rate of return but rather the secret lies in eliminating wealth transfers.

Tune in to this must hear show!

This week, David invited Wayne Brownfield from Good Guys Security. They are a brand new supporter of the show. Is your alarm company ripping you off? If you are paying more than $10.99 per month for alarm monitoring service they are! On top of that, Good Guys Security doesn't lock you into any contracts.

Good Guys Security can re-program your existing system, or do a brand new installation. They offer state of the art alarm systems including alarms that monitor your copper pipes in you home to prevent theft of your copper pipes.

Listen in as David and Wayne talk about the ins and outs of home security.

Call Wayne today to get your home alarm monitored for only $10.99 per month. If you tell them you heard about it on The David Lukas Show, you will get your first two months free!

Call Good Guys Security today at: 501-517-2365 or visit www.GoodGuysSecurity.com