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

June 21, 2024 Ep. 255 - Busting More Myths
Let's bust more myths: companies don't pay claims; premiums increase; companies collapse; whole life is expensive; and any agent can help with IBC.

Audio Production by Podsworth Media - https://podsworth.com
17 min
June 14, 2024 Ep. 254 - Barn Talk Interview
I had the privilege of being on the Barn Talk podcast a year ago and want to share that with you guys today. Enjoy!

Audio Production by Podsworth Media - https://podsworth.com
1 hr 39 min
June 07, 2024 Ep. 253 - Ways to Use the Infinite Banking Concept
It's called "infinite" for a reason, and that can be very hard to see when you are only looking down your lane. What are you using money for that you could actually be using the infinite banking concept for? Is it college, farming, rentals, braces for the kids, or something else? I challenge you to not only take the blinders off but get the book "Becoming Your Own Banker" and dive in.

Audio Production by Podsworth Media - https://podsworth.com
16 min
May 31, 2024 Ep. 252 - More Myths Busted
Today we talk about: Are kids' policies better than adults' policies? Am I just selling you something? Should tobacco users forget about having a whole life insurance policy? Should your premium be a certain percent of your gross income? Can you retire on your cash value?

Audio Production by Podsworth Media - https://podsworth.com
13 min
May 24, 2024 Ep. 251 - Banks Have Control
Regardless of what you think, the bank has control, and you are the employee of the bank. If they call a note and you don't have the cash to pay that, they are in control. You need to know your numbers or they will take an opportunity to manipulate you.

Audio Production by Podsworth Media - https://podsworth.com
16 min
May 17, 2024 Ep. 250 - What Happens to My Premium Money?
This is a common question that I hear, because people think the insurance companies are stealing money. Why? I have no idea... but let's address what they *actually* do with your money to ensure the death benefits get paid out.

Audio Production by Podsworth Media - https://podsworth.com
9 min
May 10, 2024 Ep. 249 - More Myths Debunked
Today we talk about loan interest as a tax deduction; being debt-free but having policy loans; 1035ing cash value; loans for cash flowing assets; and the idea that life insurance companies are banks. Why are these ideas misunderstood or inaccurate?

Audio Production by Podsworth Media - https://podsworth.com
11 min
May 03, 2024 Ep. 248 - Retirement Income
Do you have the cashflow to retire, or are you going to live on a prayer? It's a proven fact that people with money live longer. Start looking at your numbers and count inflation.

Audio Production by Podsworth Media - https://podsworth.com
15 min
April 26, 2024 Ep. 247 - How Many Policy Loans Can I Take?
Let's dig into how loans are treated. The best part of IBC is being in control, the worst part of IBC is being in control of your loans. The company treats it as one loan; they don't question, and they don't care. You are the one who has to figure out how you want to make it back.

Audio Production by Podsworth Media - https://podsworth.com
11 min
April 19, 2024 Ep. 246 - 3 Types of Interest: Uninterrupted Compounding is King!
Here is an example of why Uninterrupted Compound Interest is what you want when looking at interest on anything you're saving. Many talk about compound interest, but they don't talk about what happens when it's interrupted.

Audio Production by Podsworth Media - https://podsworth.com
13 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.