Welcome to the Farming Without the Bank podcast, the show with a no-B.S. approach to money, hosted by a farm strategy expert and authorized IBC practitioner.
Join us as we get real and expose the flaws of traditional financial institutions in order to help farmers take control of their finances, create peace of mind, grow their wealth, and leave a legacy.
https://www.farmingwithoutthebank.com/
This may be long, but it is so worth every minute! Ty shares with us about his business, investments, how he's using his IBC policy, and how he has remained positive through struggles and the loss of…
Nelson's son-in-law shared the tale of his two fathers (Nelson being one of them), including how they treated retirement and what that looked like to them. One is not right or wrong. If you are going…
Nelson said, if you put peanuts in, you get peanuts out. So many want more out of the policy, but they are scared to fund the policy to meet those needs. You have to fix your thinking around it in or…
If you are not doing anything with what you have learned here or read in the book, then this information is worthless. The best information in the world can be worthless unless we take action. Let's …
So many farmers and ranchers have direct-to-consumer businesses or manufacturing businesses and want to know about marketing. I have brought on my experts to help answer some of those questions for y…
There may be a trick to getting your match and getting the money out without penalty. Also, if you are 30 years old and being told you can save your way into retirement, that is a lie. Because of inf…
Let's debunk this myth that you can't start from scratch and that it's supposed to be easy. Then let's add to it that you should not have to work off the farm and your spouse needs a job in town so y…
Many want to create wealth in children's policies, and that is not always the best way. If we want generational wealth, we need to start with the older generation first. Listen in to see when it make…
Currently, three things I am being asked about are financial stability of companies with COVID deaths, comments about Bank Owned Life Insurance, and paying your full premium vs. your minimum premium.…
Many who have policies forget why then even have them. They buy a policy and then never use it to create cash flow or don't pay the full premium. They stop educating themselves and talking to me abou…
This process is not about handing all the reins over to me and having me make your decisions. This is about you becoming the one in charge and me guiding you through this process to learn.
In this episode, I visit with my client Michael Jenson, a dairy farmer from Wisconsin, and he shares with you what he is doing, why he made changes in his operation, and how IBC is going for him. Mic…
Many folks question taking a policy loan based on rates only. It's not about the rate only, it's about opportunity and liquidity of money. Listen in.
In this episode, I talk about having more than one policy on yourself and how insurance companies figure that. I also talk about when to start a new policy when you already have one or more.
Is the policy rate really higher than the bank? When you figure in processing fees from the bank, it may not be. Also, what changes in the policy have been going on with the 7702 tax changes? We disc…
The Infinite Banking Concept is not really about whole life insurance or being a life insurance expert. It's about how to use money to give yourself freedom. In this episode, I answer some insurance …
Where do you want to be in three years? If you don't take the action to change things, things won't change. Let's talk about that in this episode and look back at where you were three years ago.
Many see land being bought by non-farmers, and then that land sits idle as the owner takes tax breaks on it. Is this good or bad? Let me break it down on both sides.
Jim does not farm but works in the farming industry. Good stuff to learn here about business and how this can apply to your business, what it's like to work with me, and why you can start even after …
It's that time of year again where your accountant is telling you to buy things to avoid taxes. Are you saving money or giving up liquid assets unnecessarily? That is what we discuss in this podcast.
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