Libsyn Directory

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

Release Date: 11/28/2025

Internet Trolls Think They Can Say Anything; Here’s Why They’re Wrong (Ep. 342)

Farming Without the Bank Podcast

Do people really think they have the right to be rude online? This episode is a raw, unfiltered look at what content creators actually deal with behind the scenes—and why sometimes, blocking is the only option. Follow Mary Jo Here: Get the book: In this episode, Mary Jo addresses the rising wave of internet trolls, negative comments, and online bullying. From accusations about insurance strategies and retirement planning to criticism about farming, excess money, and even parenting decisions, nothing seems off-limits for keyboard warriors. But here’s the truth: creators have the...

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

Farming Without the Bank Podcast

🚨 Universal Life Insurance EXPOSED 🚨 Is Universal Life, Indexed Universal Life, or Variable Universal Life really the powerful wealth tool it’s marketed to be? In this episode of the Farming Without the Bank podcast, Mary Jo dives deep into why universal life policies often fail, drawing directly from Nelson Nash’s Warehouse of Wealth and decades of real-world experience. 👉 Follow Mary Jo Here: 👉 Get the book: If you’ve ever been pitched an IUL with “great returns” and “no downside,” this episode is a must-watch before you sign anything. Universal Life was...

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

Farming Without the Bank Podcast

Insurance premiums doubling… tripling… and companies still denying claims. Should you just self-insure and be done with it—or will that decision wreck your finances when disaster hits? In this episode of Farming Without the Bank, we dig into Chapter 8: Building Your Warehouse of Wealth and talk about what self-insuring really looks like using cash value life insurance, and where it absolutely does not make sense to go it alone. 🔍 What You’ll Learn When it actually makes sense to self-insure vs. when you’re just gambling How Nelson Nash used dividend-paying whole life to...

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

Farming Without the Bank Podcast

What happens when everyone expects someone else to pick up the bill? From a nightmare condo sale to health insurance chaos, this episode is a raw, unfiltered wake-up call on personal responsibility, money, and self-reliance. In this episode, Mary Jo shares a months-long real estate saga that exposed a deeper issue she’s seeing everywhere—from first-time homebuyers and realtors, to health insurance, escrow accounts, and even parenting adult children. The common theme? Too many people are handing off responsibility—and expecting others to pay the price. This episode isn’t about being...

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

Farming Without the Bank Podcast

Is life insurance a luxury—or a necessity? In this episode of Farming Without The Bank (FWTB Ep. 338), Mary Jo breaks down Chapter 7 of Nelson Nash’s Warehouse of Wealth and explains how Parkinson’s Law silently destroys financial progress, especially when people experience windfalls of money. From selling land, paying off equipment, kids leaving the house, or daycare expenses disappearing—windfalls happen whether you notice them or not. The real question is: Where does that money go? Nelson Nash’s real-life example shows how paying off a policy loan after a windfall can feel like...

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

Farming Without the Bank Podcast

You’ve been told corporations pay taxes, but what if that’s the biggest lie in the system? In this episode, Mary Jo breaks down who really pays for taxes, benefits, tariffs, and government programs—and why the consumer always ends up holding the bag. In Episode 337 of Farming Without the Bank, Mary Jo dives into Chapter 6 of Nelson Nash’s Warehouse of Wealth: “Lies, Lies, and Lies.” This episode exposes how taxes, Social Security, employee benefits, tariffs, credit card fees, and corporate expenses are never absorbed by businesses—they are passed directly to you, the consumer....

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

Farming Without the Bank Podcast

Everyone says farming and ranching are hard—but what if the real problem isn’t expenses… it’s how money is being used? In this episode, Mary Jo tackles the backlash around “excess money,” breaks down why being debt-free isn’t the same as being financially secure, and explains why cash flow—not comfort—is the real solution. 👉 Follow Mary Jo Here: 👉 Get the book: In this candid rant-meets-masterclass, Mary Jo responds to critics who claim there’s no such thing as excess money in agriculture. She explains why higher cattle prices create opportunities, and how...

Commodity Prices Trap Farmers In Debt (Ep. 335)

Farming Without the Bank Podcast

Most farmers still buy equipment the old way—cash or bank loans—losing years of compound growth. What if the problem isn’t your policy… It’s when the money runs through it? 👉 Follow Mary Jo Here: 👉 Get the book: In this episode, Mary Jo breaks down the “before asset” idea: running money through your whole life policy before you buy equipment, cattle, or cover operating expenses. She explains why premium is what makes you money, why loans themselves don’t, and how to think differently about “I can’t make the payment this year” when you are the banker. Whether...

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...

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...

More Episodes

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: https://www.youtube.com/channel/UCXYvzroUouEMsTGKFw5nJHQ
👉 Get the book: https://www.farmingwithoutthebank.com/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 mutual life insurance companies (who don’t inflate money and invest conservatively).

You’ll learn why policy loans aren’t withdrawals, why whole life beats UL/IUL/VUL for guarantees and control, and how to classify your policy correctly... as an asset with liquidity, control, and a tax-advantaged end-of-life benefit.

Key Takeaways:
◦ Classify correctly: Whole life is an asset, not an expense.
◦ Banks vs Insurers: Banks inflate; mutual insurers don’t.
◦ Policy loans ≠ withdrawals: Your cash value keeps compounding while you borrow against it.
◦ Owner priority: You outrank every other borrower for your policy’s cash value.
◦ Avoid rate-chasing: UL/IUL/VUL = non-guaranteed costs and moving parts; IBC prioritizes liquidity, control, and guarantees.
◦ Don’t be part of the problem: Think twice about HELOCs/premium financing/velocity banking to fund policies.

Chapters:
00:00 Asset or Expense? Reframing Life Insurance
01:17 Nelson’s Roots & the IBC Basics
02:24 Government, Banks & Fractional Reserve
05:56 What Really Drives Inflation
08:26 Are We Part of the Problem? (Loans & Leverage)
12:16 How Insurers Invest + Why It Matters
15:37 Policy Loans 101: Borrowing vs Withdrawing

Want to build your own warehouse of wealth the right way?
👉 Grab the book/bundle and follow along with the study:
📘 https://www.farmingwithoutthebank.com/book

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