From optimizing cash flow to protecting your assets, from minimizing your financial risks to building a wealth architecture and a family legacy.
Budgets are like diets for your bank account. They’re never fun, they mean a lot of restriction and denial, and worst of all — results are somewhere off in the future. And, oh yeah — they can make people super cranky too. If you’ve ever tried to put yourself on a budget (or a…
One of the most under-utilized provisions in the IRS tax code is the rule that allows you to go back three years and file an amendment. Why is it so under-utilized? Most people think tax amendments are only applicable if you OWE more money. Probably because that’s how the IRS promotes it in their…
If you want to see which way is best for you to work with Garrett’s wealth team, please click on the link below. There is nothing for sale and you are not committing to anything. It’s just a few simple discovery questions to see how Garrett’s Wealth Team can best help you build your customized…
Tom Corley, in his book Rich Habits, shared the results of a 5-year study comparing 233 wealthy individuals to 128 lower-earning individuals. He found that: 65% of self-made millionaires had three streams of income 45% had four streams of income And 29% had five or more streams of income Clearly, multiple income streams are a…
According to a recent US Bank study, 82% of small business failures occur because of cash flow problems. And the biggest danger is that cash flow issues can crop up extremely fast and destroy an otherwise thriving business in a matter of months. Imagine some kind of disaster for which you can’t get (or don’t…
If you’ve been a part of the Wealth Factory family for any amount of time, then you probably are familiar with our founder and Chief Wealth Architect, Garrett Gunderson. Maybe you first learned of Garrett as the author of What Would the Rockefellers Do? or the national bestselling books Killing Sacred Cows and 5 Day…
Most of us were raised on the idea that “the path” to building wealth is investing in the stock market. Garrett Gunderson, our Founder and Chief Wealth Architect, is one of the few who have pushed back against this notion, famously criticizing mutual funds and 401(k)s in his New York Times bestseller Killing Sacred Cows,…
©Leonid – stock.adobe.com. Here at Wealth Factory, our research team is dedicated to staying up to date on the latest tax laws – especially given the sweeping, and often unclear changes made in the 2017 Tax Cuts and Jobs Act. Our goal is to simplify the more than 75,000 page tax code into tangible strategies…
Do you remember the recession of 2008? For so many, it hurt. Markets were plummeting, homes were being foreclosed on, and many were losing out on business profits, ideas and projects that had taken years to get into place. But what were the most valuable lessons we can use now to avoid that same pain…
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