Farming Without the Bank Podcast

The Infinite Banking Concept teaches us to be honest bankers, and that not only goes for paying the policy loan back plus interest; it also applies to you using money from savings, capital investment…

Today we have another awesome client interview for you! I am speaking with Ryan Murray. He and his wife Annie are organic dairy farmers in upstate New York. Ryan has studied economics for a long time…

Today I discuss another chapter from Becoming Your Own Banker. Nelson talks about the fact that this concept is a change in mindset and not about a rate of return. It's about putting value on your ow…

Harvesting and hauling right to the elevator leaves nothing but stress and guessing. What I have found is if you have the right help marketing your grain and the right people explaining how to do it,…

In this episode, we go over another chapter of Nelson Nash's book, "Becoming Your Own Banker". He talks about "the arrival syndrome" and how harmful it can be to think you know it all and have nothin…

In this episode, I tell you why we do not compare life insurance to investments. So many folks want to know rates of return, and when you study and implement the Infinite Banking Concept in its pure …

Those with the gold make the rules. If you want to be the one making the rules and be in control, you need to be the banker. You must capitalize your account so you have something to borrow from. Thi…

We have a choice to either see potential or not, to build each other up or to tear each other down. In this episode, I point out some different ways of challenging yourself to think and be an opportu…

Many do not understand how our tax system works in the U.S., so I share the very basics of what I know. Understanding this saves you money and puts things into perspective a little better for when yo…

Society has led you believe that you should be broke because you farm for a living, that you should have to explain yourself if you have nice things, and that you should not have extra money for non-…

This is my two cents on estate planning as an off-the-farm kid. I am not an expert, but when I see both sides, I always see some things being done foolishly, and I am always going to call them out. G…

Many people want to work with a local agent, and I understand why. If this is you, I will help answer some questions about why you want to have someone who knows IBC, why most mutual companies are go…

I go over two more chapters in Becoming Your Own Banker. I discuss Parkinson's Law and Willie Sutton's Law. You'll hear how human nature keeps us in slavery to material things and luxury and how the …

I am not the expert on this, but I want to give you a few ideas of what to look for and how to think about starting your own operations. Many people are asking and saying they think it can't be done.…

I break down another chapter from Nelson's book, "Becoming Your Own Banker", and we talk about why we use dividend paying whole life, security of the company, best use for dividends, and how great it…

Listen in on another client interview and hear how Nate is navigating his operation with his family and using his IBC policy to hedge some cattle.

Audio Cleanup by Podsworth Media.

Today I go over this chapter from Becoming Your Own Banker and break down what Nelson was trying to say. Opening a new bank is not easy; it takes capital and time, just as a life insurance policy doe…

So much good information in this episode! Should you have a policy? When is the best time to buy? How will it be used? Who will own it? How much can you buy? How will it perform? This is a must-liste…

We love to ask the professionals (like accountants, advisors, and attorneys) their opinions, because after all, they are the professionals. What I share in this episode is what you are asking them an…

Meghan shares her experience with vetting me and the infinite banking concept before doing anything. She also shares her heart wrenching story of how she and her husband had to leave their farm and a…