Wealthy Strategies: Unconventional Finance Tips

Discover how the ultra-rich manage their finances differently, with strategies like cash value life insurance, securities-backed lines of credit, and real estate. Austin Dean, CEO of Waystone Advisors, shares insights on how these methods offer more flexibility, potential tax advantages, and earlier access to money. Dean, who questioned traditional financial advice, found that the wealthy prioritize cash flow, view debt as a tool, and put money into liquid assets. He emphasizes that understanding these non-traditional strategies can open up new possibilities for earlier financial independence and more control over wealth.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.