Banks Don't Want You Knowing This About Investments (Ep. 334)
Farming Without the Bank Podcast
Most people believe they’re doing the right thing by maxing out their 401(k) or IRA. But what if the entire system is designed to trap you later with higher taxes, forced withdrawals, and lost control? Follow Mary Jo Here: Get the book: In this episode of Farming Without the Bank, we break down The Market Scam from Nelson Nash’s Building Your Warehouse of Wealth** and expose what most financial advisors never explain. Mary Jo dives into Chapter 5 of Building Your Warehouse of Wealth, unpacking why tax-qualified retirement plans may be one of the biggest financial misconceptions of...
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Tiny Town, Huge Risk: What Buying a 60-Year-Old Business Really Takes (Ep. 333)
Farming Without the Bank Podcast
Be open-minded, ditch the negativity, and yes, you can buy that small-town business and make it work. In this episode, Mary Jo sits down with client and Iowa rancher/feed-store owner Erica Lantz, who walked away from a 14-year corporate food job to buy a 60-year-old feed store in a town of 1,000 people… during COVID. 👉 Follow Mary Jo Here: 👉 Get the book: Erica shares how she runs a 5th-generation farm with Dexter cattle, heritage hogs, hair sheep, hypoallergenic curly horses, and silky chickens while modernizing a tiny farm store, creating custom feed mixes, shipping...
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Parents Need to Teach This—Not Schools (Ep. 332)
Farming Without the Bank Podcast
Is your 401(k) really a “benefit”… or did you just get dropped into the government’s boiling pot without noticing? 👉 Follow Mary Jo Here: 👉 Get the book: In this episode, Mary Jo continues breaking down Nelson's book Building Your Warehouse of Wealth (Chapter 4) and why he called tax-qualified retirement plans a scam, how government “help” actually means control, and why cash flow + financial education beat blind 401(k) contributions every time. What we cover in this episode: We walk through the history of pensions, 401(k)s, IRAs and Social Security, and how...
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Change Your Financial Future Now! (Ep. 331)
Farming Without the Bank Podcast
Controlling the Banking Function in Your Life to Change Your Finacial Future! You might be saving 10% of your income… but quietly sending 34.5% of every disposable dollar to banks in interest. In this episode, Mary Jo breaks down Chapter 3 of Building Your Warehouse of Wealth and shows why how money flows is more important than the rate of return you’re chasing. 👉 Follow Mary Jo Here: 👉 Get the book: Using Nelson Nash’s “All-American Family,” we walk through where your money actually goes, why banks always win under the current system, and how using...
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Why Life Insurance Might Be Your Secret Asset! (Ep. 330)
Farming Without the Bank Podcast
Banks classify your life insurance as an asset, so why do so many people treat it like an expense? In this episode, we break down how dividend-paying whole life can be your warehouse of wealth without feeding inflation like the banking system does. 👉 Follow Mary Jo Here: 👉 Get the book: Chapter 1 of Building Your Warehouse of Wealth (Nelson Nash) hits hard: government programs, fractional reserve banking, and how we’ve become “part of the problem” by chasing cheap loans and rates of return. We contrast banks (who lend money that doesn’t exist) with...
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Stop Waiting for Inheritance; Start Farming Now (Ep. 329)
Farming Without the Bank Podcast
Are you waiting on an inheritance, a government program, or the bank to finally let you farm “for real”? In this episode, Mary Jo shows how that thinking is exactly what’s holding you back, and how Nelson Nash warned us about it years ago. 👉 Follow Mary Jo Here: 👉 Get the book: In Episode 329, Mary Jo dives into Nelson Nash’s second book, “Building Your Warehouse of Wealth,” and unpacks why how you think about money, wealth, and government programs determines everything about your financial future. From government “police actions” to farm programs and...
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The Truth About Policy Loans, Dividends, & Inflation (Ep. 328)
Farming Without the Bank Podcast
Most people think policy loans mean “borrowing your own money.” That’s completely wrong, and it’s costing them big. In this episode, Mary Jo breaks down exactly how policy loans work inside Infinite Banking and why understanding the difference can change how you build wealth. 👉 Follow Mary Jo Here: 👉 Get the book: In this deep dive, Mary Jo explains why you’re borrowing the life insurance company’s money, not your own, when using policy loans, and how that lets your cash value keep earning uninterrupted compound interest and dividends. She also addresses common...
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Kyle Busch Lost $8.5M... But It's Not What You Think (Ep. 327)
Farming Without the Bank Podcast
Kyle Busch just sued Pacific Life Insurance for $8.58 million, claiming he was misled by an Indexed Universal Life (IUL) policy. But what if this high-profile case proves everything Infinite Banking practitioners have warned about for years? 👉 Follow Mary Jo Here: 👉 Get the book: In this episode of Without the Bank, Mary Jo breaks down the Kyle Busch life insurance lawsuit, exposing how IULs are often mis-sold and why dividend-paying whole life insurance is still the gold standard for Infinite Banking. She dives into: ◦ Why IULs, VULs, and ULs collapse faster than you...
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Bitcoin vs. Infinite Banking: Why I Still Choose Gold & Silver (Ep. 326)
Farming Without the Bank Podcast
Bitcoin fans say it’s the future. I say: show me how it actually solves real-world money problems. In this episode, I walk through the biggest unanswered questions I still have about Bitcoin: volatility, inheritance keys, “who’s in charge,” government visibility, and why I still prefer AND assets like dividend-paying whole life over OR assets like BTC. 👉 Follow Mary Jo Here: 👉 Get the book: Prompted by a listener (thanks, Todd!), I listened to a Bitcoin proponent debate and wrote down the sticking points I can’t get past. If Bitcoin is limited, why do...
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The Truth About Infinite Banking: What Haters Get Wrong (Ep. 325)
Farming Without the Bank Podcast
Why do so many people say, "Whole life insurance never works"? Let's unpack that. In this episode, Mary Jo takes on online critics who claim infinite banking doesn't work and reveals why most people making these comments haven't even done their homework. 👉 Follow Mary Jo Here: 👉 Get the book: Mary Jo shares personal stories, lessons from Nelson Nash, and her own journey from being labeled "learning disabled" to becoming a teacher who helps thousands understand money in a different way. If you've ever wondered whether the Infinite Banking Concept (IBC) really helps people...
info_outlineToo many people think that lending money to family or friends should be “interest-free” — but that mindset is costing them big.
👉 Follow Mary Jo Here:
https://www.youtube.com/@MaryJoIrmen?sub_confirmation=1
👉 Get the book:
https://www.farmingwithoutthebank.com/book
In this episode, Mary Jo and John dive into the Becoming Your Own Banker chapter about how to create your own banking system using dividend-paying whole life insurance.
They break down why your money always has value, why charging interest (even to your kids) matters, and how Infinite Banking solves the problem of lost opportunity cost.
From the biblical case for interest to the inner workings of life insurance companies, Mary Jo explains how EVA (Economic Value Added) applies to your personal finances, why guaranteed growth is a game-changer, and why building a system of policies is a decades-long wealth strategy — not a quick fix.
Whether you’re skeptical about IBC or already sold, this episode will open your eyes to how the banking system works, why insurance companies are more conservative than banks, and how to structure your own “family bank” the right way.
🔑 KEY TAKEAWAYS
- The biblical foundation for charging interest and valuing your money
- Why you finance everything you buy — cash or credit
- How EVA (Economic Value Added) applies to personal wealth building
- Why insurance companies are safer and more conservative than banks
- How guaranteed growth and dividends actually work in whole life policies
- Why a system of policies — not just one — is key to financing all your needs
⏱️ EPISODE TIMECODES
(00:00) – Why lending money to your kids at interest isn’t “mean”
(00:31) – The myth that your money has no value
(00:45) – BYOB: Becoming Your Own Banker, the book that started it all
(01:16) – Creating your own banking system through whole life insurance
(01:48) – The biblical case for putting money to work
(03:14) – What “banking” really means and why the system is flawed
(04:39) – The principle that you finance everything you buy
(05:10) – Understanding lost opportunity cost
(06:28) – EVA (Economic Value Added) and the need for the right tool
(07:18) – Whole life insurance as the ideal tool for EVA
(10:01) – Why cash buyers are perfect IBC candidates
(12:01) – Uninterrupted vs. interrupted compound interest
(13:08) – The role of actuaries, rate makers, and lawyers in policy design
(16:00) – Whole life guarantees vs. investment risk
(18:23) – Policy owners get first dibs on cash value loans
(20:00) – How insurance companies invest your premiums
(22:44) – Overbuilding for safety: the “fudge factor” in insurance
(24:21) – Guaranteed efficiency increase in policies over time
(26:00) – How dividends work and why they’re tax-deferred
(33:08) – Why the right agent matters for tax strategy
(35:02) – Human life value and how much insurance you really need
(38:02) – Financing needs outweigh life insurance needs
(40:24) – There’s only one pool of money in the world
(43:48) – Banks borrow from insurance companies — not the other way around
(45:39) – Why paying yourself interest matters
(47:53) – Capitalization and why it’s not a 4–7 year lockup
(49:25) – A system of policies takes 20–25 years to build
📚 RESOURCES & LINKS
📘 Grab your copy of Farming Without the Bank & Becoming Your Own Banker:
👉 https://www.farmingwithoutthebank.com/book
📅 Read The Book? Book a meeting with Mary Jo or John:
👉 https://www.farmingwithoutthebank.com/contact
🎧 Listen to more Farming Without the Bank Podcast episodes: 👉 Available on all podcast platforms
Spotify: https://open.spotify.com/show/7yiATPNdzsZiBJzBJq0xUP
Apple:
https://podcasts.apple.com/us/podcast/farming-without-the-bank-podcast/id1466393945
💬 Email your questions:
📨 maryjo@withoutthebank.com
👍 Follow on Facebook:
🔗 https://www.facebook.com/FarmingWithoutTheBank
🔥 WANT TO KEEP LEARNING? Binge past episodes and discover how real people are using Infinite Banking to control their money and create lasting wealth.