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/
Nelson Nash talks about windfalls within the world of Infinite Banking, but loans should not be taken with a windfall in mind to repay, unless it's a unique circumstance.
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We hear a lot about the MEC when we talk about Infinite Banking, but rarely do we hear the ins and outs of it. Here are the ins and outs, why it matters, when it happens, and how to avoid or work aro…
In this episode, you will see evidence and real policies demonstrating why universal, variable universal, and indexed universal life policies are not a good options for the long term. IBC uses whole …
There are normally three types of people that take the step to meet with me, but they get there differently and over a different period of time. Who are you?
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We talk a lot about cash value in IBC, but we rarely talk about the death benefit and why this is important, even if you are debt free and in your 80's or 90's. Today, we talk about why the death ben…
Many of you have money in 401K or stock because your company matches or you don't know anything else. Well, let's talk about if non-liquid money is the best option and what those costs are to tie up …
I am frequently asked how IBC users can best apply extra interest. Start another policy? ...or wait? ...or what?
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With operating notes going to 8-9%, I think we likely have a perfect storm for another 1980's-style farm crisis. Now is the time to be smart with our money! What are your thoughts?
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Clay Conry from the Working Cows podcast had me on recently, and we talked about this topic. It was so good that I wanted to share it with you all.
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With the recent bank failures in the headlines, this is a good time to talk about fractional reserve banking and why we do IBC.
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Getting back to the basics of WHY Nelson created IBC and what we have done to forget that.
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(Re-broadcast; originally aired November 19, 2019.)
In this episode, I lay out when it may be wise to buy something to avoid taxes and when it may be wise to avoid buying things instead. There may be…
It's not easy sharing something new, but here are some tips for ya. I sure hope they help.
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Let's break down some myths that I have been hearing about lately.
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Here is how the policy loan rate changes are determined and, by contract, when they can change. Also a little bit on how loan rate interest is figured and applied.
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Rarely, if ever, do we get to hear from someone internal to a life insurance company. Clay shares some great insights on why a company may not like a 10/90 policy and how that can affect the company.…
Many people think they are too old to start Infinite Banking, which is not true. Also, that ties into when we should be buying a policy on mom or dad, or if we have business partners, when we should …
It was super fun talking to one of the IBC Practitioners I look up to, James Neathery. He knew Nelson very closely, so I wanted to visit with him about Nelson and then get into why we are so passiona…
Collateral assignments on whole life policies are not a great option if you want to maintain control. Also, the strategy of using a CD as collateral has become a talking point in the last couple week…
What does 1035 mean and how does it work? Also, I include my suggestions for why you should NOT 1035 a policy and why you SHOULD question your agent if they suggest it.
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