Ep. 81 - Control & the Cost of Acquisition
Farming Without the Bank Podcast
Release Date: 02/12/2021
Ep. 152 - Policy Structure to Create a Warehouse of Wealth
Farming Without the Bank Podcast
There are many ways to structure a policy, and I break it down to three basic ways here and explain why long-term may be better than short-term access.
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Ep. 151 - Who, Not How
Farming Without the Bank Podcast
How can you grow your business with all the right people and have them as an asset and not a liability?
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Ep. 150 - Caring for Parents Isn't Easy
Farming Without the Bank Podcast
Those who live closest to mom and dad are the ones who end up caring for them, and those who live far away don't understand the mental, physical, emotional, and economic toll this takes on the caregivers.
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Ep. 149 - Characters in the Play
Farming Without the Bank Podcast
Nelson addresses this in the book, talking about being the bank owner, lender, and borrow, and why that is important... but I challenge you to look at this with every aspect of your life and why it's important.
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Ep. 148 - What to Tell the Banks
Farming Without the Bank Podcast
Bankers will ask why you have so much life insurance or comment that your premium is too high, and many folks are asking me how we should respond. Let's address that, because there is not a simple answer.
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Ep. 147 - What Happens If I Die?
Farming Without the Bank Podcast
Clients are asking, and I am prepared... as best I can be for you all to be taken care of.
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Ep. 146 - Where is Your Money Going?
Farming Without the Bank Podcast
Many are making decent money, but when I meet with them, I find out they have nothing saved. So the questions comes up, where is your money going? Nelson, talks about Parkinson's Law in his book, and we must seriously examine Parkinson's Law and beat it if we want to get ahead in life. Using money correctly and paying attention to it is what wealthy people do.
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Ep. 145 - Client Interview: Lincoln Pochop
Farming Without the Bank Podcast
Fun interview with Lincoln going over his direct to consumer start, what he's using the policy for, and why he moved his policy to an agent who understands farming and IBC.
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Ep. 144 - Premium Finance and Market Falls Hurting Life Insurance
Farming Without the Bank Podcast
We've talked about it before, but let's look again at what estate planners/agents are trying to do to save farms by borrowing against the land to pay premiums. This is so risky, and I have some actual numbers to share as to why this is not going to work.
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Ep. 143 - Universal, Variable, and Indexed Life Insurance
Farming Without the Bank Podcast
A breakdown of what the difference is between whole life and universal type policies.
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.