Most people get caught up in a traditional system that promises a steady paycheck but never leads to financial freedom. They chase the illusion of being "rich" without understanding the difference between that and real, lasting wealth.
Many young people fall into this trap, only to realize years later that their money isn't working for them. They don't see that true wealth is built on a mindset shift—a willingness to pursue something bigger than just the income game.
What is holding people back from making the decision to make their money work for them? What if you could take control of your financial destiny before you’re locked into a system that’s not designed to make you wealthy?
IBC practitioner and real estate investor, Carson Herlean joins me to talk about why young people need to learn about true wealth before it's too late, how to grab every opportunity while we can and his journey to becoming his own bank.
Being young, our brain is not going down a traditional path like everyone else. -Carson Herlean
Things You’ll Learn In This Episode
-Going against the grain
Overcoming doubt and negativity when going against the grain requires self-belief, persistence. How can you maintain confidence and push forward while pursuing unconventional paths?
-Saving isn’t sufficient
Saving only 5-10% of income is insufficient in today's climate of rising inflation and economic uncertainty, as it doesn't provide enough cushion for future financial stability. What else can we do to secure a financially stable future?
-Trading in time for a dollar
Time is more valuable than money because once it's spent, it can never be regained. How do we prioritize our time over financial gain in our daily life?
Guest Bio
Carson started his journey into financial education at just 16 years old when his father gave him a firsthand look at the real costs of living. This eye-opening experience ignited a passion in Carson for understanding money management and achieving financial freedom.
By 19, Carson had connected with Chris Naugle, a mentor in the infinite banking space. Carson quickly absorbed the principles of using life insurance as a powerful financial tool and began working alongside Chris to teach families how to manage and protect their wealth. Despite being young, Carson's dedication and ability to learn quickly earned him recognition in the insurance industry, even receiving top-level awards for his sales and service.
Carson’s success in teaching IBC led him to work with over 2,000 families across the country, guiding them on how to use life insurance in their family banking system. He’s passionate about educating others, particularly young entrepreneurs, on the importance of financial independence and the strategies to achieve it. Through his social media brand and podcast, "Generational Gains," Carson shares his knowledge on money management, helping others navigate their financial journeys just as he has. Now based in Southern California with his wife, Anna, Carson continues to teach, inspire, and expand his expertise in the world of finance.
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