Stop Wasting $168,000 on Youth Sports; Do This Instead (Ep. 265)
Release Date: 04/16/2026
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Without the Bank Podcast
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Without the Bank Podcast
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Without the Bank Podcast
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Without the Bank Podcast
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Without the Bank Podcast
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Stop Wasting $168,000 on Youth Sports; Do This Instead (Ep. 265)
Without the Bank Podcast
$168,000. Gone.That's what most parents spend on youth sports — no savings, no scholarship, no return. Are you spending $12,000 a year on your kids' sports — and have nothing to show for it? Most parents will drop $168,000 per child on activities, travel, and gear over 14 years — money that quietly disappears instead of building your retirement. In this episode of Without the Bank, I'm breaking down the strategy that changes everything: how to funnel your kids' activity spending through a whole life insurance policy so that money builds wealth instead of draining it. We cover: ➮ Why...
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Without the Bank Podcast
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Without the Bank Podcast
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Without the Bank Podcast
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Paying Cash is Costing You Millions (Ep. 261)
Without the Bank Podcast
Paying cash feels responsible. It feels safe. But what if paying cash is actually costing you millions of dollars over your lifetime? Using a simple long-term example, Tarisa compares two financial environments over a 50-year period: • Saving and paying cash from a traditional savings account • Using a properly structured whole life insurance policy as a banking system The difference is dramatic. By walking through the numbers step-by-step, she shows how the same inputs can lead to drastically different financial outcomes simply by changing where money is stored and how it flows. This...
info_outline$168,000. Gone.That's what most parents spend on youth sports — no savings, no scholarship, no return.
Are you spending $12,000 a year on your kids' sports — and have nothing to show for it? Most parents will drop $168,000 per child on activities, travel, and gear over 14 years — money that quietly disappears instead of building your retirement.
In this episode of Without the Bank, I'm breaking down the strategy that changes everything: how to funnel your kids' activity spending through a whole life insurance policy so that money builds wealth instead of draining it.
We cover:
➮ Why the "scholarship strategy" is a financial myth most parents fall for
➮ The exact numbers: how $12,000/year becomes $367,000 in cash value over 21 years
➮ Why the infinite banking concept beats a 529 plan for most families
➮ The hidden restrictions in 529 plans that financial advisors don't warn you about
➮ How to use this strategy to fund college, a car, or even your child's first business
Your kids don't have to drain you. They can actually help you build.
⏱️ Chapters:
00:00 The $168,000 Problem No One Talks About
01:00 How the Math Actually Breaks Down
03:00 The Smarter Way to Fund Sports
04:00 Policy Numbers: $252K In, $367K Out
05:00 How Cash Value Grows Over Time
06:00 The Scholarship Myth (And What It Actually Costs)
07:00 What Youth Sports Are Doing to Your Retirement
09:00 Why 529 Plans Fall Short
11:00 Rethinking How You Use Your Money
12:00 The $900 Wrestling Tournament Story
13:00 Bad Coaches and What Sports Really Teach
14:00 Individual vs. Team Sports — A Different Take
15:00 Teaching Kids to Stand Up for Themselves
16:00 What If Your Kid Started a Business Instead?
17:00 How to Get Your Own Strategy
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📧 Reach out with your questions for future episodes
Website: https://www.withoutthebank.com
💌 Email: tarisa@withoutthebank.com
💌 Email: maryjo@withoutthebank.com
👉 Get the book: https://www.withoutthebank.com/book