Farming Without the Bank Podcast

Welcome to the Farming Without the Bank podcast, the show with a no-B.S. approach to money, hosted by a farm strategy expert and authorized IBC practitioner. Join us as we get real and expose the flaws of traditional financial institutions in order to help farmers take control of their finances, create peace of mind, grow their wealth, and leave a legacy. https://www.farmingwithoutthebank.com/

Ep. 292 - How Infinite Banking Got Started 03/07/2025

Ep. 292 - How Infinite Banking Got Started John is back again this week to continue discussing 'Becoming Your Own Banker'. Join us for a discussion on the importance of uninterrupted compound interest, the commitment to continuously pay premiums, and the dangers of short-term thinking, as well as some real-life examples from Nelson's experiences. Audio Production by Podsworth Media - /episode/index/show/farmingwithoutthebank/id/35575995

Ep. 291 - BYOB Intro Review & Becoming Your Own Banker 02/28/2025

Ep. 291 - BYOB Intro Review & Becoming Your Own Banker This week, John joins us to discuss "Becoming Your Own Banker". Here is your chance to dive into its key concepts with us as we review important sections of the book, emphasizing its financial principles, ultimate objectives, and how it serves as the ultimate guide to understanding the infinite banking concept. Audio Production by Podsworth Media - /episode/index/show/farmingwithoutthebank/id/35482035

Ep. 290 - I Don't Do Business Via Email 02/21/2025

Ep. 290 - I Don't Do Business Via Email Let's discuss the pitfalls of conducting business via email, especially when it comes to seeking financial illustrations and advice. Don't fall for quick email transactions; instead, invest time in proper financial planning to ensure you make informed decisions. Audio Production by Podsworth Media - /episode/index/show/farmingwithoutthebank/id/35369930

Ep. 289 - Using Your Operating Line to Pay Premium 02/14/2025

Ep. 289 - Using Your Operating Line to Pay Premium In this episode, we delve into the complexities of borrowing money to pay life insurance premiums, and discuss the potential pitfalls. This discussion aims to provide you with a clear understanding of the consequences and options available, especially for those in agriculture or with irregular income timing issues. Audio Production by Podsworth Media - /episode/index/show/farmingwithoutthebank/id/35275335

Ep. 288 - Client Interview: Brian Munger 02/07/2025

Ep. 288 - Client Interview: Brian Munger Today Brian Munger is talking with us about his journey adopting the Infinite Banking financial strategy, his ranching operations, the importance of financial education for his children, and the family's unique approach to financial management. Learn how the Munger family transitioned their ranch management, involved their kids in financial decisions, and utilized life insurance policies to secure their financial future. Audio Production by Podsworth Media - /episode/index/show/farmingwithoutthebank/id/35186400

Ep. 287 - Mary Jo on the Wealthy Cowboy Show 01/31/2025

Ep. 287 - Mary Jo on the Wealthy Cowboy Show Join us at the Wealthy Cowboy studio as Crockett hosts Mary Jo to discuss the Infinite Banking concept, financial education for farmers, generational wealth, and the importance of cash flow. Uncover the value of knowledge in blue-collar work and creative financial strategies in agriculture. Audio Production by Podsworth Media - /episode/index/show/farmingwithoutthebank/id/35098275

Ep. 286 - Talking 1980's Crisis Again 01/24/2025

Ep. 286 - Talking 1980's Crisis Again We are discussing the importance of preparing for economic downturns and the benefits of using life insurance policies for financial control and stability. We need to be thinking long-term in the good times and bad times. Audio Production by Podsworth Media - /episode/index/show/farmingwithoutthebank/id/34987140

Ep. 285 - When Can I Stop Paying Premium? 01/17/2025

Ep. 285 - When Can I Stop Paying Premium? Stopping premium payments on one policy to start a new policy does not yield a better rate of return! Today we are discussing the misconceptions around stopping premiums and paid-up additions riders for policies that are set up for Infinite Banking. Audio Production by Podsworth Media - /episode/index/show/farmingwithoutthebank/id/34874525

Ep. 284 - Yes, $30 Million to Retire. Future Requirements. 01/10/2025

Ep. 284 - Yes, $30 Million to Retire. Future Requirements. Cash flow is critical for a sustainable retirement and traditional IRAs and 401ks are falling short, especially with increasing life expectancy and inflation. We explore real numbers and scenarios using a Truth Concepts calculator, showing that individuals need to shift from a savings mentality to focusing on generating consistent cash flow. Audio Production by Podsworth Media - /episode/index/show/farmingwithoutthebank/id/34809315

Ep. 283 - Don't Judge a Book by Its Cover 01/03/2025

Ep. 283 - Don't Judge a Book by Its Cover There is a difference between farming and running a farm business. In this episode, we're addressing misconceptions about farmers and their finances, the importance of being open-minded and knowledgeable, challenges of marketing, and the importance of networking in agriculture. Audio Production by Podsworth Media - /episode/index/show/farmingwithoutthebank/id/34696845

Ep. 282 - Different Perspectives Can Be Good 12/28/2024

Ep. 282 - Different Perspectives Can Be Good Today we discuss the importance of considering different perspectives and continuous learning. It's a challenge for some, but we must embrace new ideas and technologies for the sake of personal growth in life and work. Audio Production by Podsworth Media - /episode/index/show/farmingwithoutthebank/id/34558350

Ep. 281 - Who Owns All the Land? 12/20/2024

Ep. 281 - Who Owns All the Land? Let's explore who actually owns all the land in the United States. We all know Bill Gates gets a lot of hate for buying up ground, but where does he actually rank among land owners? Audio Production by Podsworth Media - /episode/index/show/farmingwithoutthebank/id/34548935

Ep. 280 - What the Yellowstone TV Shows Know About Ranching 12/13/2024

Ep. 280 - What the Yellowstone TV Shows Know About Ranching In this episode, we dive into the recent Yellowstone episode, highlighting the financial lessons that resonate with real-life ranching and farming scenarios. Let’s discuss the importance of running a ranch like a business, handling taxes wisely, and the pitfalls of poor estate planning. Audio Production by Podsworth Media - /episode/index/show/farmingwithoutthebank/id/34422730

Ep. 279 - You Determine the Value 12/06/2024

Ep. 279 - You Determine the Value The value of goods like vehicles, houses, and land is driven by what people are willing to pay. Today we’re talking about high living costs as a result of our own human behavior, emotional decisions, and the lack of spending limits. Audio Production by Podsworth Media - /episode/index/show/farmingwithoutthebank/id/34306550

Ep. 278 - Why Premium Drops 11/29/2024

Ep. 278 - Why Premium Drops Explore the intricacies of whole life and learn why my illustrations often show a decrease in premium. We are taking a closer look at policy structure, MEC, payment splits, and financial planning considerations. Audio Production by Podsworth Media - /episode/index/show/farmingwithoutthebank/id/34163680

Ep. 277 - Land Trust, with Taylor Moyer 11/22/2024

Ep. 277 - Land Trust, with Taylor Moyer Tune in for an enlightening discussion with Taylor Moyer about LandTrust, a platform helping farmers and ranchers monetize their land through hunting, fishing, and other recreational activities. We’re discussing liability, earnings potential, and how landowners can seamlessly integrate this revenue stream while maintaining control over their property. Audio Production by Podsworth Media - /episode/index/show/farmingwithoutthebank/id/34099656

Ep. 276 - You're NOT Debt-Free! 11/15/2024

Ep. 276 - You're NOT Debt-Free! Borrowing against life insurance policies does not make you debt-free! Think logically, be financially responsible, and understand that moving debt doesn't eliminate it. Audio Production by Podsworth Media - /episode/index/show/farmingwithoutthebank/id/33938017

Ep. 275 - Don't Assume They Know Me 11/08/2024

Ep. 275 - Don't Assume They Know Me Be careful who you trust to set up a policy for you! Here are some tips on identifying authorized practitioners and ensuring you are getting accurate information. Audio Production by Podsworth Media - /episode/index/show/farmingwithoutthebank/id/33840602

Ep. 274 - Life Insurance is NOT an Investment! 11/01/2024

Ep. 274 - Life Insurance is NOT an Investment! Life insurance offers guarantees, liquidity, control, and uninterrupted compound interest, which makes it fundamentally different from traditional investments with returns. Understand your policy so you can sift through the sea of noise created by financial advisors. Audio Production by Podsworth Media - /episode/index/show/farmingwithoutthebank/id/33707497

Ep. 273 - Yes, Charge Family Interest! 10/25/2024

Ep. 273 - Yes, Charge Family Interest! Learn the significance of charging interest when lending money to family members. We're discussing how adopting the role of an honest banker will not only minimize lost opportunity costs, but actually benefit both the lender and the borrower in the end. Audio Production by Podsworth Media - /episode/index/show/farmingwithoutthebank/id/33601862

Ep. 272 - Why Loans Don't Make You Money 10/18/2024

Ep. 272 - Why Loans Don't Make You Money Learn why loans on your policy do not generate income, but instead how paying extra interest as premium will maximize financial growth. We break down key principles from Nelson Nash's book, highlighting strategic borrowing, repayments, uninterrupted compound interest, and the honest banking practices needed to become your own banker. Audio Production by Podsworth Media - /episode/index/show/farmingwithoutthebank/id/33503947

Ep. 271 - Meet John Hasche 10/11/2024

Ep. 271 - Meet John Hasche Meet John Hasche, a trained agent and expert in Infinite Banking and farming-related financial solutions. We are talking about the power of death benefit, the financial flexibility that IBC allows, and why John might be the right agent to schedule with, especially for those eager to start a policy this year. Audio Production by Podsworth Media - /episode/index/show/farmingwithoutthebank/id/33411282

Ep. 270 - Starting IBC During Hard Times 10/04/2024

Ep. 270 - Starting IBC During Hard Times Let's talk about starting using IBC during challenging economic times, especially when commodity prices are low. It's all about being strategic, beating Parkinson's Law, and maintaining financial control. Audio Production by Podsworth Media - /episode/index/show/farmingwithoutthebank/id/33328502

Ep. 269 - The Importance of Strategic Planning 09/27/2024

Ep. 269 - The Importance of Strategic Planning Today we're addressing common concerns about committing funds to life insurance policies and the importance of understanding the long-term benefits. Using life insurance as a financial tool is like building a business or farming; we need to be patient to see the long-term gains. Audio Production by Podsworth Media - /episode/index/show/farmingwithoutthebank/id/33219817

Ep. 268 - The Power of Owning a Whole-Life Policy 09/20/2024

Ep. 268 - The Power of Owning a Whole-Life Policy The owner has ALL the control and owns that asset. No one can ever change that; not even if you die before the insured. Audio Production by Podsworth Media - /episode/index/show/farmingwithoutthebank/id/33123792

Ep. 267 - 5 Reasons IBC is Not a Money Market 09/13/2024

Ep. 267 - 5 Reasons IBC is Not a Money Market Some miss the point of IBC being done through dividend paying whole life insurance policies, and they think a money market is the same. There are 5 big reasons why they are not even close to the same. Audio Production by Podsworth Media - /episode/index/show/farmingwithoutthebank/id/33024207

Ep. 266 - Four Reasons I Don't Like LLCs for Farming 09/06/2024

Ep. 266 - Four Reasons I Don't Like LLCs for Farming Here are the four things I run into when I see farms in LLCs. There are good reasons to have an LLC, but unless you do your setup and maintenance right, you will actually be hurting further generations. Audio Production by Podsworth Media - /episode/index/show/farmingwithoutthebank/id/32898132

Ep. 265 - Who's Saving the Farm? 08/30/2024

Ep. 265 - Who's Saving the Farm? We have far too many current farm owners who are in debt, and the next generation is trying desperately to save the farm by putting themselves at risk. This has to stop! Audio Production by Podsworth Media - /episode/index/show/farmingwithoutthebank/id/32809257

Ep. 264 - When to Quit Your Day Job 08/23/2024

Ep. 264 - When to Quit Your Day Job Shane Anderson talked to us about how he made the decision to quit working off the farm and farm full-time. Tune in! We have solid advice about how to do it. Audio Production by Podsworth Media - /episode/index/show/farmingwithoutthebank/id/32697017

Ep. 263 - Stay Openminded 08/16/2024

Ep. 263 - Stay Openminded So many people, ag industry included, want to be quick to make the judgment that, "people don't understand us." Let me encourage you to stay openminded, look at both sides of the story, and teach and communicate well with people instead of fighting and being short. Audio Production by Podsworth Media - /episode/index/show/farmingwithoutthebank/id/32594182

Farming Without the Bank Podcast

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