Will No-Fence Collars Save You Money? (Ep. 359)
Farming Without the Bank Podcast
Release Date: 06/19/2026
Why You Need to Plan for Long-Term Care Before the Crisis Hits (Ep. 368)
Farming Without the Bank Podcast
The biggest threat to your farm's legacy isn't the bank — it's an unplanned long-term care event. In this episode, Mary Jo Irmen sits down with long-term care expert Michelle Prather, author of Who's Wiping Your Assets?, to unpack why modern long-term care insurance is nothing like the outdated "flip phone" policies you may be picturing. Michelle breaks down the reality most families ignore until it's too late: there's a 91% chance you or your spouse will need care — and care today can run $8,000 to $15,000 a month, fast liquidating the very assets you spent a lifetime building. For the...
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5 Things to Watch for When Buying a Policy (Ep. 367)
Farming Without the Bank Podcast
Buying a whole life insurance policy for infinite banking? Many agents have no idea what they're actually selling you — and it could cost you decades of compound growth. In this episode, Mary Jo breaks down the 5 things you MUST check before you sign anything, based on a real client who bought from a local agent instead of coming to her first (and what he got wrong): 1️⃣ Does it have cash value in Year 1? (If not, you bought traditional whole life — not a policy designed for infinite banking) 2️⃣ Is there a Paid-Up Additions (PUA) rider — and how flexible is it? 3️⃣ Is there...
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Your $6,000 Annual Premium Grows to $843,000? Here's How (Ep. 366)
Farming Without the Bank Podcast
Mary Jo Irmen walks through a real whole life insurance policy illustration for a 27-year-old client paying just $6,000 a year — and the numbers might surprise you. In this episode, Mary Jo breaks down what the cash value growth actually looks like year by year, what happens when you add extra premium in year one, and why so many people have been waiting too long to get started when they didn't need to. What you'll learn in this episode: - Why $500/month ($6,000/year) is enough to build serious cash value over time - How compound interest and dividends work once your policy "crosses over"...
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You Don’t Need $100,000 to Start Infinite Banking - Here's Why (Ep. 365)
Farming Without the Bank Podcast
Are you waiting until you have more money before starting infinite banking? Mary Jo Irmen explains why you may not need $100,000—or even a large amount of money—to begin. In this episode of Farming Without the Bank, Mary Jo discusses why people often delay after reading the book, how to identify a comfortable starter premium, and why starting with a smaller policy can be better than waiting indefinitely. She also explains how a system of multiple policies works, how to use future cash flow from paid-off loans or side work, and why planning ahead for family land and estate needs matters....
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Who's Really Calling About Infinite Banking? Real Meetings, Real People (Ep. 364)
Farming Without the Bank Podcast
What does infinite banking look like in the real world? From bankers and veterans to city kids buying their first ranch — here's a glimpse into the conversations happening behind closed doors. In Episode 364 of the Farming Without the Bank podcast, Mary Jo Irmen shares a candid recap of recent client meetings that span the full spectrum of agriculture and financial planning — and proves that it doesn't matter where you start, it matters how you think. In this episode, you'll hear about: Two bankers whose own clients brought them the infinite banking book — and what they learned A real...
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Farmland Was Paid Off Until This ‘Strategy’ Created $38 Million in Debt (Ep. 363)
Farming Without the Bank Podcast
An Iowa widow is suing her financial advisor and two life insurance companies after a premium-financed IUL strategy left her family farm buried in $38 million of debt. Mary Jo has been warning about this exact scheme for years — now there's a real lawsuit to prove it. In Episode 363 of Farming Without the Bank, Mary Jo Irmen breaks down the November 2024 lawsuit involving a debt-free Iowa farm family who was sold $23 million in IUL coverage — with $2.5 million in annual premiums financed through bank loans secured by their paid-off farmland. The strategy was sold as a way to protect the...
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Fake Bids, Hidden Fees & Shady Auctioneers: Land Auctions Exposed (Ep. 362)
Farming Without the Bank Podcast
One wrong auction company can cost you the true value of your land — and you'd never know it. 👉 Find more Farming Without the Bank here: 👉 Get the book: Amber Haugland of Haugland's Action Auction joins the show to pull back the curtain on a side of the land auction world most farmers never see coming. Whether you're selling the family farm, bidding on land next door, or starting to think about your estate, this episode could save you tens of thousands of dollars. IN THIS EPISODE: ✅ How to vet an auction company before you sign a single thing ✅ The...
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We Paid Into This Policy for Decades and Got Nothing | Real Numbers Every Farmer Needs to See (Ep. 361)
Farming Without the Bank Podcast
Are you wondering if your life insurance policy will actually be there when your family needs it? Mary Jo Irmen walks through multiple real-life life insurance policy review illustrations showing exactly how flexible premium universal life, variable universal life (VUL), and adjustable universal life policies perform over time — and why so many of them collapse before you're likely to die, leaving your family with no death benefit and no cash value. What you'll learn in this episode: What an in-force illustration is and how to request one from your carrier Why universal life policies often...
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We Tried Virtual Fence on Goats & Sheep (Real Farm Results) (Ep. 360)
Farming Without the Bank Podcast
What if you could finally have goats and sheep — without building miles of netting or chasing escapes? That's exactly what virtual collars made possible for Meg Greske, and she breaks down EVERYTHING in this episode. 👉 Follow Mary Jo Here: 👉 Get the book: Mary Jo sits down with client and regional conservation consultant Meg Greske (Oklahoma Conservation District) to dig into real-world results of using NoFence virtual collars on sheep and goats — from cost and training to wool vs. hair breed differences, company comparisons, and whether the data privacy concerns are...
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Will No-Fence Collars Save You Money? (Ep. 359)
Farming Without the Bank Podcast
What does it actually cost to run No Fence virtual fencing on a real cattle farming operation — and can you finance it without losing compound interest? Idaho rancher Tyson Coles has run the system for 4 full seasons and shares the real numbers. 👉 Follow Mary Jo Here: 👉 Get the book: In this episode, Mary Jo sits down with rancher Tyson Coles to break down exactly how No Fence GPS cattle collars work, what they cost, and how they've transformed his operation. Tyson shares the actual dollars saved on labor, fuel, and equipment — plus a jaw-dropping story of moving an...
info_outlineWhat does it actually cost to run No Fence virtual fencing on a real cattle farming operation — and can you finance it without losing compound interest? Idaho rancher Tyson Coles has run the system for 4 full seasons and shares the real numbers.
👉 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 sits down with rancher Tyson Coles to break down exactly how No Fence GPS cattle collars work, what they cost, and how they've transformed his operation. Tyson shares the actual dollars saved on labor, fuel, and equipment — plus a jaw-dropping story of moving an entire herd through an irrigation canal solo, a job that used to take 6 people and 4 hours. Mary Jo also walks through how she finances technology purchases using the Infinite Banking Concept — keeping uninterrupted compound interest working inside a whole life policy while still putting new equipment to work on the ranch.
In this episode:
- How No Fence GPS collars work (without shocking your cattle)
- Real ROI: labor savings, fuel costs, and heavier calves at weaning
- Battery life, solar charging & reliability in rough terrain
- The "reduced movement" health alert that saved a calf's life
- Using Infinite Banking to finance ag tech without breaking your cash flow
💰 Get 10% off No Fence collars: https://www.nofence.com
⭐Use code TysonGraze10 at checkout. (This code is case sensitive.)
Follow Tyson on social Media:
Facebook: https://www.facebook.com/
Instagram: https://www.instagram.com/colesfamilyfarm
Chapters
0:00 The $12,500 Return on Collars
0:48 Meet Tyson Coles: 4 Seasons with No Fence
2:17 No Fence Collar Pricing Breakdown
7:00 First Test: Grazing Cover Crops in October
9:39 How to Train Cattle with Virtual Fencing
11:46 Battery Life, Solar Charging & Replacements
15:19 Cost Breakdowns
20:08 Collar Durability & Lifespan
21:07 How Easy Is the App? (Even for Kids)
24:10 Managing Multiple Pastures & Locations
29:06 HerdNet Bluetooth: Sub-Minute Updates
30:32 Feeding Cows Remotely from 9 Hours Away
34:12 Health Alerts: Reduced Movement Detection
36:13 When to Collar Calves
38:00 Rotational Grazing Under Center Pivots
44:33 Collar Fitment & How to Find Lost Collars
47:21 Using Virtual Fencing for Sorting
48:30 Full ROI Breakdown
50:13 Grazing Standing Corn Instead of Ensiling
51:50 Weaning Weights Jump 100+ Pounds
56:40 Moving an Entire Herd Through a Canal — Solo
1:00:17 Any Downsides? Honest Assessment
1:02:33 Grants Available: EQIP & State Programs
1:04:58 Data Privacy: Is Your Herd Info Reported?
1:06:07 Discount Code & How to Reach Tyson
1:08:41 Financing Collars with Infinite Banking