More About Me (David Lewis)
More about me and my personal life… if you’re interested in that sort of thing.
david lewis — owner
If you want to know more about the business side of things, keep reading. You can also:
The Big Picture
Monegenix® is a privately-owned independent digital insurance agency specializing in insurance-based financial planning (financial planning which utilizes life insurance, annuities, and disability insurance). It also provides free and paid educational material financial apps and calculators to help individuals make better financial decisions. Insurance-based financial planning incorporates insurance product design with a unique type of financial plan which is designed to solve specific client problems and challenges. It is an integrated approach, taking into account an individual’s current financial plan, current and future financial goals, risk tolerance, risk capacity, and current and future expected financial resources.
For clients who want more control over their finances, I also offer a unique reserve-based budgeting and money management system.
Finally, Monegenix® provides in-house as well as 3rd party life insurance policy audit services, and lifetime policy and plan support for all clients. For individuals who want basic life insurance services, Monegenix® also provides a unique “Quote and Apply” engine, where individuals can get a quote, print a life insurance illustration, and apply for life insurance right from this website without ever talking to an insurance agent or advisor and without receiving any spammy emails or annoying phone calls.
More About David Lewis
David C. Lewis, RFC, is the founder and owner of Monegenix®, as well as its lead insurance advisor and Registered Financial Consultant (RFC®). He has been a member of the International Association of Registered Financial Consultants since 2005, a standing member of the National Ethics Association, and a former guest instructor for Joint Education and Training, Inc.
In addition to providing financial advice to clients, David has been brought in through the “back door” of some of the country’s largest financial firms to help develop educational, marketing, and client-approved content for large financial firms like Allstate, New York Life, State Farm, AmTrust, and J.G. Wentworth, as well as startup financing companies like EquityHQ.
His articles have been featured in online publications like ThinkAdvisor, The Huffington Post, NuWire Investor, and RealClearMarkets.
His cost-discovery calculators “reverse-engineer” life insurance policies so internal costs, and policy benefits, can be carefully examined. This, coupled with some simple cost-benefit analysis, can help clients better understand the value of what they are buying (or have already bought elsewhere), enabling them to make smarter, more informed, financial decisions.
David is also the designer of xFlow™ and the xCalc™ suite of financial calculators, software applications which drive a unique insurance-based approach to budgeting, money management, life insurance and income planning, and general financial analysis, and is a central part of his insurance-based financial planning philosophy.
A Message From David: “Why Choose Me Over Someone Else?”
The short answer is… maybe you shouldn’t.
But before I tell you why maybe you shouldn’t listen to me, let me tell you a little bit about what I do (and do not do).
Here’s the big picture of what I do:
I’ll help you simplify a lot of things in your financial life so you can finally start to “get ahead”. I’ll show you how to plan for your future without making personal sacrifices today. I’ll show you how to create certainty out of financial uncertainty. Finally, I’ll help you protect and grow the income and savings you cannot afford to lose, but…
… only if it makes sense for you to work with me and my team of financial professionals.
Before We Go Any Further…
Before we go any further, let’s put all the cards on the table and dig into the nitty-gritty details of what working with me looks like.
First of all, I don’t work with just anybody, and that’s not because I’m snooty. You see, I may not actually be the right financial advisor for you — you may not like (or benefit from) what I have to offer. And, if that’s the case, I don’t want your money. My team and I are not in the business of investing and speculation. We’re not a “roboadvisor” and we don’t use complex algorithms or proprietary trading schemes to manage your money. We’re not part of the trendy new “fee-only” financial planning movement either. There’s no fancy office you can come and visit and we don’t give away free coffee and bagels. We don’t do free dinner seminars, wine tastings, or golf events. We don’t offer free identity theft protection and we don’t have a rewards program. We don’t offer free financial account aggregation and the only client portals we offer are so you can keep tabs on the money you give us and to learn more about the companies you’ll be doing business with. We won’t take you out for your 80th birthday and we won’t help you plan your summer vacation or help you shop for airfare and hotels.
It’s not that we don’t care about our clients. We do. We very much do.
We just don’t believe in buying you gifts with your own money like other financial advisors and firms do.
If you’ve been around the block before, you know what I’m talking about. The boutique (and sometimes even the mainstream) financial planning shops. Look, let’s be real. There’s no such thing as a free lunch. Someone has to pay for all those “free” perks, and that someone is you. So anyway… enough about what I won’t do for you.
Let’s get back to what I will do:
If you do business with me, and follow through on my advice, you will protect your income against premature death and grow your savings using a remarkably simple and effective insurance and savings plan that I design specifically for you and your unique financial situation. This plan will help you do a better job budgeting, insuring, saving, and planning for your future. You’ll save more money while simplifying your finances through a unique reserve-based budgeting system, you’ll insure your income against loss due to death, but you’ll also be protected from a financial catastrophe while you’re alive. The core of my business (and your financial plan) is built around the strong guarantees embedded in insurance policies. These policies are customized for your specific financial needs to provide a truly unique experience.
I’ll show you how to exploit the compression of time that happens as you age, and solve the secret riddle of savings compartmentalization which trips up even professional investment managers. Plus… I’ll show you how to create financial certainty out of uncertainty. Life is naturally full of risk and uncertainties, but… you can turn those uncertainties into known, future outcomes using life insurance, “reserve budgeting”, annuities, and income planning and that is why my focus is on something I call “insurance-based financial planning.” It’s not a specific product as much as it is a methodology and planning strategy that uses various software apps and insurance products as strategic tools to help you achieve your financial goals.
This method of planning is inclusive, not exclusive, of conventional financial planning. Meaning, my insurance-based plans can stand alone as a financial plan or be combined with conventional planning to enhance and augment outcomes from a more traditional approach. Your savings will be guaranteed against loss, and some of my custom life insurance plans can help you finance your own business expenses or an investment or maybe just a much-needed vacation… you’ll become less reliant on banks and credit cards (and even me, your advisor). Your insurance and savings plan will even protect you if you become sick or develop a chronic or terminal illness.
Enhance and protect your 401(k) or other retirement account by creating a “safety net” without sacrificing investment potential from these more traditional methods of saving and investing. But, plan design is just the beginning. You’ll have questions and I’ll have your back. I provide ongoing service for as long as you’re a client. And, when you become a client, you’ll have access to myself and my team via email, phone, or video chat. And, unlike most financial planners and insurance advisors, I do not believe you have to make personal sacrifices to become financially secure and independent. “Sacrifice” means to give up something valuable for something less valuable, and I think that makes success and achievement impossible.
So, instead, I adopt a different approach. You’ll have a savings plan you can use before retirement and… if you never want to retire, that’s fine too. Your insurance and savings plan is flexible enough to use pretty much any way you want. It’s hard to be financially secure if your income and savings is always at risk so I figure out how much you must risk to get to where you want to be, and how much you can objectively afford to lose before success becomes impossible, so you can remove anything below that threshold from risky or non-guaranteed assets.
If you lose your job, or if the economy tanks, you’ll be fine. And when times are good, you’ll have access to your savings to seize amazing opportunities that others cannot. It’s a simple, boring, lazy, but… effective approach to financial planning and one that runs counter to mainstream financial advice. I understand that might not be what you’re looking for and that’s fine.
Then again, it might be exactly what you need.
The Want To Know More?
A great starting point for most people is to get on my daily email list. I tell lots of stories, anecdotes, link to client case studies, and discuss a lot of different, “controversial”, ideas… like how to:
- Stop “budgeting” and tracking expenses and have more control over your money;
- “Accidentally” pay off your debts using life insurance… while you’re still alive;
- Pay yourself the interest you’re now paying to banks and credit card companies without asking their permission;
- Pay off your mortgage (and other debts) early without making extra payments;
- Stop paying income tax on your retirement income without going to jail;
- Save money for your child’s future education without sacrificing your own retirement;
- Pay for long-term care without buying long-term care insurance and without going broke;
- Squeeze more money out of your 401(k) by earning less;
- Avoid taxation of your Social Security Income by getting rid of unnecessary “provisional income.”
- Protect yourself from unemployment, even if you have no savings right now;
- Plan for your future by living in the moment;
- Make better financial decisions by ignoring the past and without trying to guess what might happen in the future.
A word of warning… this email list is not politically correct. Sometimes, it’s not even grammatically correct.
One reader put it like this:
If that bothers you or if you think you might be offended by any of that stuff, that’s perfectly fine.. no hard feelings. I just want to give you a heads up that my email list is probably not the place for you. I don’t want to get a boatload of hate mail from you and you probably don’t need the extra stress in your life.
On the other hand, if you’re up for an adventure, you might be ready to join my email list. Just enter your primary email in the form below:
Want To Know More About The Ideas Behind What I Do?
Some people have asked about what kind of ideas drive me and my company. Pretty heady stuff for some folks, but hey if it floats your boat, I’m game to tell you all about it.