Farming Without the Bank Podcast

By Mary Jo IrmenBusiness Investing

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Typical duration
22 min
per episode

Based on Podcast App listening data

Farming Without the Bank Podcast episodes

November 08, 2024 Ep. 275 - Don't Assume They Know Me
Be careful who you trust to set up a policy for you! Here are some tips on identifying authorized practitioners and ensuring you are getting accurate information.

Audio Production by Podsworth Media - https://podsworth.com
13 min
November 01, 2024 Ep. 274 - Life Insurance is NOT an Investment!
Life insurance offers guarantees, liquidity, control, and uninterrupted compound interest, which makes it fundamentally different from traditional investments with returns. Understand your policy so you can sift through the sea of noise created by financial advisors.

Audio Production by Podsworth Media - https://podsworth.com
14 min
October 25, 2024 Ep. 273 - Yes, Charge Family Interest!
Learn the significance of charging interest when lending money to family members. We're discussing how adopting the role of an honest banker will not only minimize lost opportunity costs, but actually benefit both the lender and the borrower in the end.

Audio Production by Podsworth Media - https://podsworth.com
15 min
October 18, 2024 Ep. 272 - Why Loans Don't Make You Money
Learn why loans on your policy do not generate income, but instead how paying extra interest as premium will maximize financial growth. We break down key principles from Nelson Nash's book, highlighting strategic borrowing, repayments, uninterrupted compound interest, and the honest banking practices needed to become your own banker.

Audio Production by Podsworth Media - https://podsworth.com
14 min
October 11, 2024 Ep. 271 - Meet John Hasche
Meet John Hasche, a trained agent and expert in Infinite Banking and farming-related financial solutions. We are talking about the power of death benefit, the financial flexibility that IBC allows, and why John might be the right agent to schedule with, especially for those eager to start a policy this year.

Audio Production by Podsworth Media - https://podsworth.com
18 min
October 04, 2024 Ep. 270 - Starting IBC During Hard Times
Let's talk about starting using IBC during challenging economic times, especially when commodity prices are low. It's all about being strategic, beating Parkinson's Law, and maintaining financial control.

Audio Production by Podsworth Media - https://podsworth.com
18 min
September 27, 2024 Ep. 269 - The Importance of Strategic Planning
Today we're addressing common concerns about committing funds to life insurance policies and the importance of understanding the long-term benefits. Using life insurance as a financial tool is like building a business or farming; we need to be patient to see the long-term gains.

Audio Production by Podsworth Media - https://podsworth.com
15 min
September 20, 2024 Ep. 268 - The Power of Owning a Whole-Life Policy
The owner has ALL the control and owns that asset. No one can ever change that; not even if you die before the insured.

Audio Production by Podsworth Media - https://podsworth.com
12 min
September 13, 2024 Ep. 267 - 5 Reasons IBC is Not a Money Market
Some miss the point of IBC being done through dividend paying whole life insurance policies, and they think a money market is the same. There are 5 big reasons why they are not even close to the same.

Audio Production by Podsworth Media - https://podsworth.com
15 min
September 06, 2024 Ep. 266 - Four Reasons I Don't Like LLCs for Farming
Here are the four things I run into when I see farms in LLCs. There are good reasons to have an LLC, but unless you do your setup and maintenance right, you will actually be hurting further generations.

Audio Production by Podsworth Media - https://podsworth.com
20 min

About Farming Without the Bank Podcast

From the publisher's feed

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.