Ep. 81 - Control & the Cost of Acquisition
Farming Without the Bank Podcast
Release Date: 02/12/2021
Farming Without the Bank Podcast
Let's explore who actually owns all the land in the United States. We all know Bill Gates gets a lot of hate for buying up ground, but where does he actually rank among land owners? Audio Production by Podsworth Media -
info_outline Ep. 280 - What the Yellowstone TV Shows Know About RanchingFarming Without the Bank Podcast
In this episode, we dive into the recent Yellowstone episode, highlighting the financial lessons that resonate with real-life ranching and farming scenarios. Let’s discuss the importance of running a ranch like a business, handling taxes wisely, and the pitfalls of poor estate planning. Audio Production by Podsworth Media -
info_outline Ep. 279 - You Determine the ValueFarming Without the Bank Podcast
The value of goods like vehicles, houses, and land is driven by what people are willing to pay. Today we’re talking about high living costs as a result of our own human behavior, emotional decisions, and the lack of spending limits. Audio Production by Podsworth Media -
info_outline Ep. 278 - Why Premium DropsFarming Without the Bank Podcast
Explore the intricacies of whole life and learn why my illustrations often show a decrease in premium. We are taking a closer look at policy structure, MEC, payment splits, and financial planning considerations. Audio Production by Podsworth Media -
info_outline Ep. 277 - Land Trust, with Taylor MoyerFarming Without the Bank Podcast
Tune in for an enlightening discussion with Taylor Moyer about LandTrust, a platform helping farmers and ranchers monetize their land through hunting, fishing, and other recreational activities. We’re discussing liability, earnings potential, and how landowners can seamlessly integrate this revenue stream while maintaining control over their property. Audio Production by Podsworth Media -
info_outline Ep. 276 - You're NOT Debt-Free!Farming Without the Bank Podcast
Borrowing against life insurance policies does not make you debt-free! Think logically, be financially responsible, and understand that moving debt doesn't eliminate it. Audio Production by Podsworth Media -
info_outline Ep. 275 - Don't Assume They Know MeFarming Without the Bank Podcast
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 -
info_outline Ep. 274 - Life Insurance is NOT an Investment!Farming Without the Bank Podcast
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 -
info_outline Ep. 273 - Yes, Charge Family Interest!Farming Without the Bank Podcast
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 -
info_outline Ep. 272 - Why Loans Don't Make You MoneyFarming Without the Bank Podcast
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 -
info_outlineIn this episode, I talk about the real reason behind Infinite Banking and what people are forgetting, as well as tying in Nelson's chapter, "Cost of Acquisition", and how we forget our time is worth something.