Without the Bank Podcast

What is the real cost of going to college? ...and if you pay cash for your kids tuition, what is that costing you in retirement? Audio Production by Podsworth Media.

In this episode, we discuss why buying life insurance on grandkids is important to the cycle of family wealth but not as easy as one may think. Audio Production by Podsworth Media.

You can't say it doesn't work when you have the wrong agent helping you or no agent helping you. Do your due diligence and understand what is happening. Audio Production by Podsworth Media.

When you start a business, you need to know your options to mitigate taxes and liability. I'll make it simple for ya!

As we create generational wealth, we forget that we still have the cash value to use and money sitting in the bank, should we pass. This is powerful when we talk about creating wealth. Audio Production by Podsworth Media.

If you are anxious about money and looking at your bank account, you too may have Financial PTSD. Audio Production by Podsworth Media.

IBC is not about rates of return; it's about liquidity of money and being the owner of the bank. Let's discuss why so many people can't stop comparing it to an investment. Audio Production by Podsworth Media.

If we are going to save family farms, we must plan correctly, and doing that with a trust will avoid any extra costs and allow you to make sure it stays in the right hands. Heidi Olson is a succession planner and trust officer who shares with us some good starting information on what needs to be done.

Interest rates on loans do not stop with the rate alone. What is your time worth, filling out paperwork, answering questions, and waiting to take an opportunity? This all matters. Infinite Banking is not really about rates but your time. Audio Production by Podsworth Media.

How can you grow your business with all the right people and have them as an asset and not a liability? Audio Production by Podsworth Media.

Is your retirement there for the purpose of taking care of you or for the purpose of taking care of the gov't? Nelson has some good points that need to be considered, and every year that goes by, his predictions become more clear and true. Audio Production by Podsworth Media

The biggest challenge for people when learning about IBC is how much to start with, where to find the money, access to money, and then how to use it. This is an important chapter review. Audio Production by Podsworth Media.

So many of my older clients don't understand the value of what they know. In this episode, I share how I go through meetings and share ideas of how you can turn that knowledge into money. Audio Production by Podsworth Media.

Your bank should not just consist of one policy; you should have many, and it will take you a lifetime to create that system. Audio Production by Podsworth Media.

Many blue-collar jobs have pensions and may be part of unions. Those pensions are proving to not hold up due to where the money is being invested. Watch your pension and pay attention to the performance so you know you'll have something to retire on. It's YOUR retirement, so make sure you are not banking on them to take care of you; do something yourself on the side so if they mismanage it, you ha...

When receiving death benefit or inheriting large sums of money, the last thing you should do is pay down debt, if not needed. Buying more death benefit and using that money through the policy will leave the kids with more and you with more flexibility, if needed. Audio Production by Podsworth Media.

What is happening right now with the market is the true indication of compound interest vs. uninterrupted compound interest. It also is proof that actual rates of return are better than an average. The noise is keeping you in this never ending cycle.. but instead, you can be the black sheep to get out of it. Audio Production by Podsworth Media.

A breakdown of what the difference is between whole life and universal type policies. Audio Production by Podsworth Media.

Where to get the money to start and how to think correctly about using this tool rather than another one for purchases. Audio Production by Podsworth Media.

John Maxwell had a great podcast episode on players vs. pretenders, and I just wanted to share that with you. If you have employees or even family members that all work together, then you are going to want to listen in to see who will be there for the long haul. Audio Production by Podsworth Media.

Ken is a demographer who has some great insight on what is happening in the world and what we should be prepared for. Listen in to see where you can find opportunity. Audio Production by Podsworth Media.

So many people want to compare IBC to an investment, but they are not the same. Yet when they do compare them, they say they are not the same. Right; they are NOT an investment. Audio Production by Podsworth Media.

This may be long, but it is so worth every minute! Ty shares with us about his business, investments, how he's using his IBC policy, and how he has remained positive through struggles and the loss of loved ones in his life. He is an amazing young man! Tune in and be inspired! Audio Production by Podsworth Media.

Not all insurance companies or agents are created equal. Know and understand what it is you are buying and wanting to do with your IBC policy. In this chapter of Becoming Your Own Banker, Nelson lays out things you need to look for. Audio Production by Podsworth Media.

It seems like so many are missing the point of what IBC is and the fact that money is liquid to be used. Stop focusing on illustration numbers and start thinking about how you can use that money to create unseen growth. Audio Production by Podsworth Media.