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All Episodes

Farming Without the Bank Podcast — 362 episodes

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Title
1

Fake Bids, Hidden Fees & Shady Auctioneers: Land Auctions Exposed (Ep. 362)

2

We Paid Into This Policy for Decades and Got Nothing | Real Numbers Every Farmer Needs to See (Ep. 361)

3

We Tried Virtual Fence on Goats & Sheep (Real Farm Results) (Ep. 360)

4

Will No-Fence Collars Save You Money? (Ep. 359)

5

I Was Wrong About Diversification | Mistake Many Farmers & Ranchers Make (Ep. 358)

6

Doug Ferguson: Don't Ignore This Hidden Cattle Market Signal! (Ep. 357)

7

Only 1% of Farmers Will Take This Action Financially (Ep. 356)

8

He Never Missed a Payment — The Bank Still Cut Him Off (Ep. 355)

9

Farm Families Are Breaking (Ep. 354)

10

The Tax-Free Money Secret (Ep. 353)

11

Your Family Can't Access Your Phone When You Die (Ep. 352)

12

Farming Without the Bank in Canada: What's Different (And What Could Cost You) (Ep. 351)

13

Russian Roulette With Your Life Insurance - What They Never Told You (Ep. 350)

14

Nebraska Fires, Cattle Market Chaos & What Farmers NEED to Know Right Now (Ep. 349)

15

Long-Term Care Planning Most Advisors Miss (And Why It Matters) (Ep. 348)

16

Why Long-Term Care Destroys Wealth Without a Plan (Ep. 347)

17

What Farmers Must Know About Nursing Homes (Ep. 346)

18

Long-Term Care: The Hidden Threat to Your Farm (Ep. 345)

19

The Bank Said No; His Life Insurance Said Yes (Ep. 344)

20

Internet Trolls Think They Can Say Anything; Here's Why They're Wrong (Ep. 343)

21

The Liquidity Problem with Annuities Nobody Warns You About (Ep. 342)

22

Universal Life Policies Are Collapsing | Here's Why (Ep. 341)

23

Insurance Premiums Are Destroying Farms—Here's What Actually Works (Ep. 340 )

24

Nobody's Coming to Save You Financially (Ep. 339)

25

Windfall Alert: What Farmers Miss Every Single Year (Ep. 338)

26

Corporations Don't Pay Taxes — You Do. Here's How. (Ep. 337)

27

Your Biggest Problem Isn't What You Think It Is (Ep. 336)

28

Commodity Prices Trap Farmers In Debt (Ep. 335)

29

Banks Don't Want You Knowing This About Investments (Ep. 334)

30

Tiny Town, Huge Risk: What Buying a 60-Year-Old Business Really Takes (Ep. 333)

31

Parents Need to Teach This—Not Schools (Ep. 332)

32

Change Your Financial Future Now! (Ep. 331)

33

Why Life Insurance Might Be Your Secret Asset! (Ep. 330)

34

Stop Waiting for Inheritance; Start Farming Now (Ep. 329)

35

The Truth About Policy Loans, Dividends, & Inflation (Ep. 328)

36

Kyle Busch Lost $8.5M... But It's Not What You Think (Ep. 327)

37

Bitcoin vs. Infinite Banking: Why I Still Choose Gold & Silver (Ep. 326)

38

The Truth About Infinite Banking: What Haters Get Wrong (Ep. 325)

39

$100K in Cattle at 20: The Move Dave Ramsey Hated (Ep. 324)

40

Banks Are Quietly Changing the Rules — Are You Ready? (Ep. 323)

41

Ep. 322 - Why Liquidity Beats Paying Off Debt

42

Ep. 321 - Why You Need More Than One Policy

43

Ep. 320 - Life Settlements

44

Ep. 319 - Passion for the Underdog

45

Ep. 318 - Get Out of Your County (and Your Own Way)

46

Ep. 317 - Goals and Mission Statements Are a Waste of Time

47

Ep. 316 - Reimagining Agricultural Finance

48

Ep. 315 - The True Value of Money

49

Ep. 314 - What Impacts Your Operation the Most, with Tracy Brunet

50

Ep. 313 - Avoiding the Bank Doesn't Mean Debt-Free or Using Cash

51

Ep. 312 - Seed or Harvest?

52

Ep. 311 - Farm Progress: Nebraska Farmer Got it WRONG

53

Ep. 310 - Arrival Syndrome at its Finest

54

Ep. 309 - Starting a Bank vs. Starting a Policy

55

Ep. 308 - Premiums Should be Recorded as an Expense

56

Ep. 307 - Fixing Farm Finance, with Damian Mason

57

Ep. 306 - Top 10 Farming Concerns

58

Ep. 305 - Yes, I Know Farming.

59

Ep. 304 - You Don't Need Big Money to Start IBC

60

Ep. 303 - Scammers At It Again!

61

Ep. 302 - Risks of Transferring Policies to Kids

62

Ep. 301 - MILLENNIALS Saving Farms

63

Ep. 300 - How Many Acres Do You Farm?

64

Ep. 299 - Not Everyone is a Top 3-Percenter

65

Ep. 298 - Don't Compare & Take a Breath

66

Ep. 297 - Capitalization of Land vs. Whole Life Policies

67

Ep. 296 - The Problem, with John Hasche

68

Ep. 295 - Don't Sell to China or the Highest Bidder

69

Ep. 294 - Imagination & the Grocery Store, with John Hasche

70

Ep. 293 - Agricultural Education

71

Ep. 292 - How Infinite Banking Got Started

72

Ep. 291 - BYOB Intro Review & Becoming Your Own Banker

73

Ep. 290 - I Don't Do Business Via Email

74

Ep. 289 - Using Your Operating Line to Pay Premium

75

Ep. 288 - Client Interview: Brian Munger

76

Ep. 287 - Mary Jo on the Wealthy Cowboy Show

77

Ep. 286 - Talking 1980's Crisis Again

78

Ep. 285 - When Can I Stop Paying Premium?

79

Ep. 284 - Yes, $30 Million to Retire. Future Requirements.

80

Ep. 283 - Don't Judge a Book by Its Cover

81

Ep. 282 - Different Perspectives Can Be Good

82

Ep. 281 - Who Owns All the Land?

83

Ep. 280 - What the Yellowstone TV Shows Know About Ranching

84

Ep. 279 - You Determine the Value

85

Ep. 278 - Why Premium Drops

86

Ep. 277 - Land Trust, with Taylor Moyer

87

Ep. 276 - You're NOT Debt-Free!

88

Ep. 275 - Don't Assume They Know Me

89

Ep. 274 - Life Insurance is NOT an Investment!

90

Ep. 273 - Yes, Charge Family Interest!

91

Ep. 272 - Why Loans Don't Make You Money

92

Ep. 271 - Meet John Hasche

93

Ep. 270 - Starting IBC During Hard Times

94

Ep. 269 - The Importance of Strategic Planning

95

Ep. 268 - The Power of Owning a Whole-Life Policy

96

Ep. 267 - 5 Reasons IBC is Not a Money Market

97

Ep. 266 - Four Reasons I Don't Like LLCs for Farming

98

Ep. 265 - Who's Saving the Farm?

99

Ep. 264 - When to Quit Your Day Job

100

Ep. 263 - Stay Openminded

101

Ep. 262 - Are You Prepared?

102

Ep. 261 - You'd Find a the Money for Land and Equipment

103

Ep. 260 - Financial Freedom for Farmers (MJ on the Farm4Profit Podcast)

104

Ep. 259 - Online Noise

105

Ep. 258 - Self-Insuring and Crop Insurance

106

Ep. 257 - Can You Take a Month Off?

107

Ep. 256 - What is the Infinite Banking Concept?

108

Ep. 255 - Busting More Myths

109

Ep. 254 - Barn Talk Interview

110

Ep. 253 - Ways to Use the Infinite Banking Concept

111

Ep. 252 - More Myths Busted

112

Ep. 251 - Banks Have Control

113

Ep. 250 - What Happens to My Premium Money?

114

Ep. 249 - More Myths Debunked

115

Ep. 248 - Retirement Income

116

Ep. 247 - How Many Policy Loans Can I Take?

117

Ep. 246 - 3 Types of Interest: Uninterrupted Compounding is King!

118

Ep. 245 - Busting 5 More Myths

119

Ep. 244 - What I See vs. What You See

120

Ep. 243 - Premium Mindset

121

Ep. 242 - 5 Myths About the Infinite Banking Concept

122

Ep. 241 - 5 Things to Scrub from Your Language

123

Ep. 240 - Remember, It's Liquid!

124

Ep. 239 - Build It In

125

Ep. 238 - First Half or Second Half?

126

Ep. 237 - Book or Beer?

127

Ep. 236 - Two Thousand Farmers

128

Ep. 235 - It's So Hard, You Don't Understand

129

Ep. 234 - Blacksheep Summit Recap

130

Ep. 233 - 5 Principles of IBC

131

Ep. 232 - 7 Custom Farming Objections

132

Ep. 231 - Tax Returns Are Lies

133

Ep. 230 - Shrimp Farming in the Midwest?! with Grant Jones

134

Ep. 229 - Is it the Bankers' Fault?

135

Ep. 228 - Farm Diversification, with the Nelsons

136

Ep. 227 - Biggest Mistake: Human Error

137

Ep. 226 - Family Money

138

Ep. 225 - How Loans Actually Work

139

Ep. 224 - Tax Tiers and How They Work

140

Ep. 223 - How Policy Loan Interest Works

141

Ep. 222 - 3 Hidden 401k Facts

142

Ep. 221 - What Character Are You?

143

Ep. 220 - Do You Know What Your Spouse Knows?

144

Ep. 219 - 4 Missed Business Expenses

145

Ep. 218 - Rebecca Undem: Growing Small Towns

146

Ep. 217 - Why I Warn You

147

Ep. 216 - Paying Back a Policy Loan for a Non-Cash-Flowing Asset

148

Ep. 215 - Misclassification & The Arrival Syndrome

149

Ep. 214 - Second to Die/Last to Die Policies

150

Ep. 213 - I Don't Hate Term Life Insurance

151

Ep. 212 - Premium Flexibility Can Be Bad

152

Ep. 211 - Beware: Not Everyone Understands Ag

153

Ep. 210 - Haven't Drank the Kool-Aid

154

Ep. 209 - Approach is Everything

155

Ep. 208 - Build It Together

156

Ep. 207 - Generation vs. Generation

157

Ep. 206 - Extra Income Ideas

158

Ep. 205 - Bonus Money Doesn't Make You Debt Free

159

Ep. 204 - Infinite Wealth Podcast Interview

160

Ep. 203 - FAQs

161

Ep. 202 - Bankers

162

Ep. 201 - Dream Big

163

Ep. 200 - Are You Really Debt-Free?

164

Ep. 199 - Lies, Lies, Lies, with Chris Kirkpatrick

165

Ep. 198 - Windfalls

166

Ep. 197 - Modified Endowment Contract (MEC)

167

Ep. 196 - Real Examples of Why Universal Life is Not Good

168

Ep. 195 - 3 Types of IBC-ers

169

Ep. 194 - It's More Than Cash Value

170

Ep. 193 - Do Investments Make Sense for You?

171

Ep. 192 - What to Do with Extra Loan Interest

172

Ep. 191 - Another 80's Farm Crisis?

173

Ep. 190 - Who Should Be on Your Financial Team?

174

Ep. 189 - How Does Banking Work & Affect IBC

175

Ep. 188 - 5 Principals of IBC

176

Ep. 187 - Pay Taxes or Avoid Taxes? (Re-Broadcast)

177

Ep. 186 - How to Introduce IBC to Friends and Family

178

Ep. 185 - Whole Life Myths vs. Reality

179

Ep. 184 - Policy Loan Rate Changes

180

Ep. 183 - From the Horse's Mouth: Clay Summers Interview

181

Ep. 182 - Are You Too Old, Key-Man Policies, & Buy-Sell Policies

182

Ep. 181 - James Neathery Interview: Two Passionate IBC Practitioners

183

Ep. 180 - Life Insurance & CDs as Collateral for Bank Loans

184

Ep. 179 - 1035ing Cash Value

185

Ep. 178 - Inflation & Your Future Income

186

Ep. 177 - Why Funeral Planning is Important

187

Ep. 176 - Who Makes Your Decisions?

188

Ep. 175 - Fees

189

Ep. 174 - Toxic Social Media

190

Ep. 173 - Keeping It Simple

191

Ep. 172 - Client Interview: George and Annaliese Walker

192

Ep. 171 - FAQ's

193

Ep. 170 - Client Interview: Heidi Terrell

194

Ep. 169 - What Your Meeting With Me Looks Like

195

Ep. 168 - Inflation and Security of Life Insurance Companies

196

Ep. 167 - Practical Implementation of IBC

197

Ep. 166 - Working Genius for Your Business/Farm

198

Ep. 165 - Family Farms vs. Family Businesses

199

Flashback Friday - Pay Taxes or Avoid Taxes?

200

Ep. 163 - Staying True to IBC

201

Ep. 162 - Imagination Makes it Make Sense

202

Ep. 161 - Where Does Loan Interest Go?

203

Ep. 160 - Learned vs. Learning

204

Ep. 159 - Gabe Brown Interview, Pt. 3

205

Ep. 158 - Gabe Brown Interview, Pt. 2

206

Ep. 157 - Gabe Brown Interview, Pt. 1

207

Ep. 156 - The Unseen of Generational Wealth

208

Ep. 155 - What Does the Ag Industry Want?

209

Ep. 154 - Good Agents Matter

210

Ep. 153 - Wills, Trusts, and Controlling from the Grave

211

Ep. 152 - Policy Structure to Create a Warehouse of Wealth

212

Ep. 151 - Who, Not How

213

Ep. 150 - Caring for Parents Isn't Easy

214

Ep. 149 - Characters in the Play

215

Ep. 148 - What to Tell the Banks

216

Ep. 147 - What Happens If I Die?

217

Ep. 146 - Where is Your Money Going?

218

Ep. 145 - Client Interview: Lincoln Pochop

219

Ep. 144 - Premium Finance and Market Falls Hurting Life Insurance

220

Ep. 143 - Universal, Variable, and Indexed Life Insurance

221

Ep. 142 - Misunderstandings

222

Ep. 141 - Your Thinking Creates Your Beliefs

223

Ep. 140 - Learn About Demographics, with Ken Gronbach

224

Ep. 139 - Interest Rate Hikes, Land Prices, and Inflation

225

Ep. 138 - Client Interview: Ty Eschenbaum

226

Ep. 137 - The Tale of 2 Dads

227

Ep. 136 - Premium is the Solution, Not the Problem

228

Ep. 135 - This Information is Worthless

229

Ep. 134 - Business Marketing for Farmers and Ranchers with Additional Businesses

230

Ep. 133 - 401K Trick and Saving to Retirement

231

Ep. 132 - Starting from Scratch: No, It's Not Easy

232

Ep. 131 - Life Insurance on the Grandkids

233

Ep. 130 - 3 Hot Topics - Q&A

234

Ep. 129 - Reminder to Use It or Lose It

235

Ep. 128 - I'm Not the Banker; You Are!

236

Ep. 127 - Client Interview: Michael Jenson

237

Ep. 126 - Policy Loan vs. Bank Loan

238

Ep. 125 - Having Multiple Policies on Yourself

239

Ep. 124 - Loan Rates and Policy Interest Changes

240

Ep. 123 - You Don't Need to Be an Expert on Whole Life

241

Ep. 122 - What Are You Waiting For?

242

Ep. 121 - Land Owned by Non-Farmers

243

Ep. 120 - Client Interview: Jim Moffit

244

Ep. 119 - Buying Things to Avoid Taxes

245

Ep. 118 - Client Interview: Jay Clark (TX)

246

Ep. 117 - What If I Don't Farm Yet?

247

Ep. 116 - I Don't Hate Bankers

248

Ep. 115 - Fired up Friday: Don't be Blockheaded

249

Ep. 114 - Don't Be Part of the Problem

250

Ep. 113 - We All Graduate; It's Just a Question of When

251

Ep. 112 - Estate Planning, Again

252

Ep. 111 - Curiosity to Know and Not Trust

253

Ep. 110 - "Warehouse of Wealth" Book Review: Chapters 4 & 5: Tax Qualified Plans

254

Ep. 109 - It's the Only Thing I Know How to Do

255

Ep. 108 - Volume of Interest

256

Ep. 107 - "Warehouse of Wealth" Book Review: Chapter 1

257

Ep. 106 - Premium Financing with IUL and Guest Wade Borth

258

Ep. 105 - What Does it Mean to Pay Yourself Back?

259

Ep. 104 - Take Responsibility

260

Ep. 103 - Using Life Insurance as Collateral to a Bank Loan

261

Ep. 102 - Who Said It Should Be Easy?

262

Ep. 101 - Flexability in Premium Payments

263

Ep. 100 - Scary Economy and What to Do

264

Ep. 99 - How to Compete with Large Farmers

265

Ep. 98 - Biden Tax Proposal to Rid the Step Up Basis

266

Ep. 97 - An Even Distribution of Age Classes

267

Ep. 96 - Using a Whole Life Policy During Retirement

268

Ep. 95 - Slimy Agents Destroying Farms and IBC

269

Ep. 94 - Life Insurance on Employees

270

Ep. 93 - What to Use Cash Value For

271

Ep. 92 - Short Pay Policies and Reduced Paid-Up

272

Ep. 91 - Types of Interest: Why Uninterrupted is Key

273

Ep. 90 - When Is This Paid Up?

274

Ep. 89 - Premium Payments vs. Loan Repayments

275

Ep. 88 - Getting Your Employer to Give You the Match

276

Ep. 87 - But, I Can Get a Higher ROR

277

Ep. 86 - Scarcity vs. Abundance Mindset

278

Ep. 85 - What It Means to Be the Banker

279

Ep. 84 - How to Get A Generation to Listen

280

Ep. 83 - Paying Yourself Back for Cash Purchases

281

Ep. 82 - Taxes, 7702, and IBC Scam Accusations

282

Ep. 81 - Control & the Cost of Acquisition

283

Ep. 80 - High Prices and Extra Cash

284

Ep. 79 - The Retirement Trap

285

Ep. 78 - Loan Interest and Human Life Value

286

Ep. 77 - Capitalization and Implementation

287

Ep. 76 - Equipment Financing, Pt. 2

288

Ep. 75 - Equipment Financing, Pt. 1

289

Ep. 74 - Loan Rates Don't Always Matter

290

Ep. 73 - Security of Life Insurance if the U.S. Dollar Crashes

291

Ep. 72 - Where Does the Extra Loan Interest Go?

292

Ep. 71 - Only You Will Take Care of You

293

Ep. 70 - How Nelson Paid Off Debt

294

Ep. 69 - Be The Light, with Tim Bickett

295

Ep. 68 - Clearing Up Taxes on Life Insurance

296

Ep. 67 - Business Advice and Honoring Other's Strengths

297

Ep. 66 - Expanding the System to Accommodate All Income

298

Ep. 65 - Compared to What?

299

Ep. 64 - Back to the Basics

300

Ep. 63 - How to Start Building Your Own Banking System

301

Ep. 62 - Comparison and Jealousy

302

Ep. 61 - Interest Rates and Dividends

303

Ep. 60 - Overpaying on Debt (15 vs. 30-Year Loan)

304

Ep. 59 - Creating an Entity

305

Ep. 58 - Being an Honest Banker

306

Ep. 57 - Client Interview with Ryan Murray

307

Ep. 56 - Use It or Lose It

308

Ep. 55 - Marketing, with Tim Bickett from the ARC Group

309

Ep. 54 - The Arrival Syndrome

310

Ep. 53 - Life Insurance vs 401Ks & IRAs

311

Ep. 52 - The Golden Rule

312

Ep. 51 - Fun Suckers, Negative Nellies, & Keyboard Warriors

313

Ep. 50 - Tiered Tax Structure

314

Ep. 49 - Why Shouldn't Farmers Be Rich?

315

Ep. 48 - My 2 Cents on Estate Planning

316

Ep. 47 - Picking an Agent & Company

317

Ep. 46 - The Laws

318

Ep. 45 - How to Start from Scratch

319

Ep. 44 - Building Your Bank with Dividend Paying Whole Life

320

Ep. 43 - Client Interview: Nate Bliler

321

Ep. 42 - Creating a Bank Like the One You Know

322

Ep. 41 - Policies on Minors

323

Ep. 40 - Do Professional Opinions Matter?

324

Ep. 39 - Client Interview: Meghan Foos

325

Ep. 38 - The Seen & Unseen of ROR

326

Ep. 37 - Rolling 401K Money & Lump Sum Premiums

327

Ep. 36 - Is Debt Bad?

328

Ep. 35 - My Thoughts on the Market & Economy

329

Ep. 34 - Client Interview: Randy Morris

330

Ep. 33 - Buying and/or Selling Strategies

331

Ep. 32 - Multiple Policies and No Plan is Perfect!

332

Ep. 31 - Why We Need Higher Interest Rates

333

Ep. 30 - Why Don't I Get Access to All My Money Year One?

334

Ep. 29 - Premiums Equal Income

335

Ep. 28 - Client Interview: Austin Schultz

336

Ep. 27 - Bank Owned Life Insurance (BOLI) & Others Who've Started Well Known Businesses

337

Ep. 26 - Client Interview: Geoff Pierce

338

Ep. 25 - 5 Principals of the Infinite Banking Concept

339

Ep. 24 - Who's Running Your Operation

340

Ep. 23 - Common Objections to IBC

341

Ep. 22 - Money Flows from ONE Big Pool

342

Ep. 21 - Why Haven't I Heard of This?

343

Ep. 20 - You Don't Make Money Taking Loans

344

BONUS - Pay Taxes or Avoid Taxes?

345

Ep. 19 - The Federal Reserve, Fractional Reserve Banking, & the Birth of IRAs

346

Ep. 18 - Owning Insurance on Other People's Lives

347

Ep. 17 - Size Doesn't Matter

348

Ep. 16 - Family and Business, with Jolene Brown

349

Ep. 15 - Tax Advantages of Whole Life and IBC

350

Ep. 14 - Dave Ramsey and Whole Life Insurance

351

Ep. 13 - You Don't Have to be Debt Free to Start IBC

352

Ep. 12 - Diversification, with Joshua Citrus

353

Ep. 11 - Life Insurance is NOT an Investment

354

Ep. 10 - Your No. 1 Source and Creator of Value

355

Ep. 8 - Starting from Scratch vs. Taking Over an Operation

356

Ep. 7 - Where Do I Find Money to Start IBC

357

Ep. 6 - Farming with Millennials

358

Ep. 5 - The Reasons For Whole Life Insurance

359

Ep. 4 - What is the Infinite Banking Concept

360

Ep. 3 - Cashflow is King, Cash is Queen

361

Ep. 2 - The 103 Year-Old Banking Problem

362

Ep. 1 - Introduction