Without the Bank Podcast
161 episodes - English - Latest episode: 15 days ago - ★★★★★ - 33 ratingsThe archaic system of giving up money today, taking on risk, and hoping to retire is B.S.
This podcast seeks to help make you responsible for your money and your future. You are the one who cares more about it than anyone else. I am here to help you and provide the honesty you need. No sugar coating. No false claims. Just straight up truth.
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Episodes
Ep. 160 - Together = Success
April 04, 2024 23:00 - 11 minutes - 9.22 MBAs couples, we can do things together and be successful or we can silently support the other. What we can't do is fight with our partner and expect to make progress. That is an uphill battle, and it's proven when we look at business owners who have both people on board. Audio Production by Podsworth Media - https://podsworth.com
Ep. 159 - Reading the Book is Key
March 28, 2024 23:00 - 8 minutes - 6.81 MBThere is a difference between reading the book and re-reading the book. You will not get everything on the first pass! Audio Production by Podsworth Media - https://podsworth.com
Ep. 158 - What is Coaching Worth to You?
March 21, 2024 23:00 - 14 minutes - 11.6 MBYou get to choose to muddle through your business or have someone help you grow your business quicker and faster. What is the cost to do that, and are you willing to pay someone to help you get there faster? Audio Production by Podsworth Media - https://podsworth.com
Ep. 157 - Automatic 401K Enrollment
March 14, 2024 23:00 - 16 minutes - 13.8 MBAuto-enrollment in 401K programs is a newer thing. This was not done when I was working for others as an employee. Today, companies automatically enroll you in their 401K program, and many are not aware. Please pay attention to what is happening, and ask the question of whether you want the money there or can use it for something better. Audio Production by Podsworth Media - https://podsworth.com
Ep. 156 - Younger Is Not Always Better
March 08, 2024 00:00 - 11 minutes - 9.44 MBMany think staring a whole life policy on someone younger is better. It is not if you want to pass on generational wealth and have a "Rockefeller effect". This is where having an IBC practitioner is important to help you strategize. Audio Production by Podsworth Media - https://podsworth.com
Ep. 155 - Failures and Deserving
March 01, 2024 00:00 - 16 minutes - 13.8 MBAre you willing to admit when you've made a mistake? If not, that is when you have truly failed. Successful people don't blame others for their failures; they look internally, recognize what they did wrong, fix it, and move on. So many people believe someone owes them something because they deserve it. You don't deserve anything. If you make a financial mistake, then figure it out and move on. No one should bail you out of that. Audio Production by Podsworth Media - https://podsworth.com
Ep. 154 - Out of the Mouths of Advisors
February 23, 2024 00:00 - 11 minutes - 9.8 MBLet's pick apart advisors' advice. Their thought process is a bit broken, and some things are hidden in their content. Let's tell the whole truth. Audio Production by Podsworth Media - https://podsworth.com
Ep. 153 - Use It or Lose It
February 16, 2024 00:00 - 15 minutes - 12.6 MBMaking a change is not a one-time activity. If you want to be the banker, keep yourself engaged in IBC thoughts and re-read the books. Audio Production by Podsworth Media - https://podsworth.com
Ep. 152 - Be Real and Think Big
February 09, 2024 00:00 - 14 minutes - 12.1 MBStop being fake; be real and think big. You will go places. Don't allow yourself to hold you back. Audio Production by Podsworth Media - https://podsworth.com
Ep. 151 - The Disease of More
February 02, 2024 00:00 - 9 minutes - 9.62 MBWhile trying to get ahead in life, so many folks are leveraging themselves to the point of trouble. This is what Nelson did, and learning from these mistakes is where the Infinite Banking Concept came from. Have you caught the Disease of More? Be careful and pay attention to what you are doing so you don't find yourself over-leveraged, even if you are borrowing from your policy. Audio Production by Podsworth Media - https://podsworth.com
Ep. 150 - It's Really Easy When You Quit Making It So Hard
January 26, 2024 00:00 - 13 minutes - 12.6 MBInfinite Banking is such a different way of thinking, and we tend to make it harder than it is. We compare it to things we shouldn't, we compartmentalize money, and we struggle with loan paybacks. We have been conditioned not to think and our imaginations have been stifled. Quit making it so hard and get creative! Audio Production by Podsworth Media - https://podsworth.com
Ep. 149 - Is it the Bankers' Fault?
January 19, 2024 15:30 - 19 minutes - 17.7 MBPeople love to blame banks for their financial difficulties, but are they really the ones who bear most of the blame? Audio Production by Podsworth Media - https://podsworth.com
Ep. 148 - Using Inheritance & Retirement Funds
January 12, 2024 00:00 - 10 minutes - 10.3 MBSo many people use lump sums of money to start a business but never actually pay themselves back. This makes your books look better than they really are. This was not a free loan to yourself; you must pay it back. Audio Production by Podsworth Media - https://podsworth.com
Ep. 147 - Are You a Lazy Investor?
January 05, 2024 00:00 - 15 minutes - 14.3 MBAre you actually doing your due diligence on what to do with your money, or are you like most of America, just a bunch of sheep? When you come across IBC, you then are labeled a black sheep, and we welcome you here, but you have to understand that you question things while most do not. Audio Production by Podsworth Media - https://podsworth.com
Ep. 146 - 3 Hidden 401k Facts
December 29, 2023 01:00 - 11 minutes - 11.4 MBSo many people put money into their 401K but don't know the rules. These are not officially hidden, but it seems as if employees don't know on purpose. Audio Production by Podsworth Media - https://podsworth.com
Ep. 145 - Is This Legal and Legit?
December 22, 2023 16:30 - 20 minutes - 18.7 MBSo many people find the infinite banking concept and think it's illegal. In this episode, I explain why I believe we have lost the knowledge of this 200 year-old product and why you need to listen to people who are educated on it. Audio Production by Podsworth Media - https://podsworth.com
Ep. 144 - Talking about Rates of Return... AGAIN!
December 15, 2023 00:00 - 15 minutes - 14.6 MBFair warning: this is a rant! ...and I have said most of this before! ...but a lot of you need to hear it again! When you truly understand what IBC is about, you stop listening to the noise. Let's get back to basics! Audio Production by Podsworth Media - https://podsworth.com
Ep. 143 - Family Money
December 08, 2023 00:00 - 20 minutes - 18.4 MBMost people associate family money with bad emotions and greed, yet family money can surely get you to the next level. Audio Production by Podsworth Media - https://podsworth.com
Ep. 142 - Biggest Mistake: Human Error
December 01, 2023 00:00 - 20 minutes - 18.5 MBWhy are some IBC-users successful while others say IBC didn't work for them? Why are some business owners successful while the same type of business can be failing miserably for others? Human error. Audio Production by Podsworth Media - https://podsworth.com
Ep. 141 - Jealousy Kills Curiosity
November 24, 2023 00:00 - 19 minutes - 17.4 MBAre you so jealous that it is keeping you where you are? For many, the answer is yes. Look around at those who are jealous; they typically don't even ask questions about how things are done or how people advance in life. These are the, "must be nice," people. Do you want to be like that for the rest of your life? ...or do you want to learn, advance, and enjoy a higher level of success in life? Audio Production by Podsworth Media - https://podsworth.com
Ep. 140 - The Karwells on Short-Term Rentals
November 17, 2023 00:00 - 56 minutes - 47.2 MBSo many people are investing in short-term rentals (like AirBnB's), so why not have the experts on the show to find out more about how to do this? I love these ladies' podcast, Catch up with The KarWells, so I brought Emily and Sarah on to share some of their knowledge. Audio Production by Podsworth Media - https://podsworth.com
Ep. 139 - What Character Are You?
November 10, 2023 12:00 - 12 minutes - 11.9 MBWe talk about being the banker with Infinite Banking, but a lot of people do not understand what that means. There are three characters in play, and you want to be all three, not just the borrower. With that comes responsibility that will either make this work or kill it. You get to decide how good of a banker and bank owner you want to be. Audio Production by Podsworth Media - https://podsworth.com
Ep. 138 - Premiums Equal Income
November 03, 2023 11:00 - 8 minutes - 9 MBLet's put this into perspective and look at what Nelson printed in the book. Many want to fast-forward, but Nelson said it'll take time. Audio Production by Podsworth Media - https://podsworth.com
Ep. 137 - What Does Dave Do?
October 27, 2023 11:00 - 18 minutes - 16.7 MBAs you are told to pay off debt, what is Dave Ramsey doing? He is building his empire, building his cash flow through business growth and rental properties. Don't just look at his debt program; look at what he and every other wealthy person does: they create cash flow! Audio Production by Podsworth Media - https://podsworth.com
Ep. 136 - Should Married Couples Have Separate Accounts?
October 20, 2023 11:00 - 17 minutes - 15.8 MBThere is so much debate about this, and so many people think what they are doing is wrong. Do what works for you... but here are my two cents on why I don't believe it's necessary and more of a personal issue than a money issue. Audio Production by Podsworth Media - https://podsworth.com
Ep. 135 - Big, Big Mistake
October 13, 2023 11:00 - 16 minutes - 15.3 MBAre you guilty of making this massive mistake? Audio Production by Podsworth Media - https://podsworth.com
Ep. 134 - Rebecca Undem: Growing Small Towns
October 06, 2023 11:00 - 1 hour - 56.9 MBOn this episode, I interviewed Rebecca Undem from Oakes, ND. We talk about how she is growing her small towns, helping others, her husband farming with her dad, and the challenges of it all. Rebecca is amazing, and you'll love this interview. Audio Production by Podsworth Media - https://podsworth.com
Ep. 133 - When to Start a New Policy
September 29, 2023 11:00 - 12 minutes - 12.3 MBMany have asked, and this seems to stump people: When do I start my next IBC policy? You want to start when you have excess money or are not using the policy you already have. You should know your budget well enough to know where money is going. I have outlined a couple ways to figure this out. Audio Production by Podsworth Media - https://podsworth.com
Ep. 132 - When & What to Use Cash Value For
September 22, 2023 11:00 - 12 minutes - 11.5 MBToday I address common questions where people may get hung up about when to take a cash value loan vs. cash. Even possibly what to use that money for as well... so we will go over thinking about your pool of money, then how to ask those long term questions about what you may need liquid money for in the future. Audio Production by Podsworth Media - https://podsworth.com
Ep. 131 - Two Risk Factors
September 15, 2023 11:00 - 16 minutes - 13.8 MBMany folks make you believe IBC is risk free. In reality, it is risk-averse but not risk free. There are two factors that will cause IBC to fail: 1. insurance company failure, and 2. human nature. More details in the episode! Audio Production by Podsworth Media - https://podsworth.com
Ep. 130 - Second to Die/Last to Die Policies
September 08, 2023 11:00 - 13 minutes - 11.3 MBMany use these policies in their estate plans or as buy/sell or even key-man policies. The purpose of them is very misunderstood, and there are many better ways to do this without overpaying for life insurance. Audio Production by Podsworth Media - https://podsworth.com
Ep. 129 - Premium Flexibility Can Be Bad
September 01, 2023 11:00 - 10 minutes - 9.29 MBYou have flexibility, but it should only be used when you NEED to, not all the time. Paying premium makes you money. Audio Production by Podsworth Media - https://podsworth.com
Ep. 128 - I Don't Hate Term Life Insurance
August 25, 2023 11:00 - 13 minutes - 11.4 MBMany people feel embarrassed when we meet that they have term life insurance. I do not hate term; it has it's use, just not for the long-term. Audio Production by Podsworth Media - https://podsworth.com
Ep. 127 - Insurance Company Updates
August 18, 2023 11:00 - 22 minutes - 19.2 MBHere are some updates from the insurance company that I write with. Most likely very similar to any company, but good information for policy-holders to know. Audio Production by Podsworth Media - https://podsworth.com
Ep. 126 - Haven't Drank the Kool-Aid
August 11, 2023 11:00 - 20 minutes - 17.2 MB3 things I do not buy into 100% are gold/silver, cryptocurrencies, and velocity banking. Are they useful? Perhaps... yet I don't understand a lot of the hype or why these are the end-all, be-all for some folks. Audio Production by Podsworth Media - https://podsworth.com
Ep. 125 - Approach is Everything
August 04, 2023 11:00 - 14 minutes - 12.2 MBKeep in mind, if you are looking for advice from others, your approach will determine your success. Audio Production by Podsworth Media - https://podsworth.com
Ep. 124 - Pick Your Hard
July 28, 2023 11:00 - 13 minutes - 11.3 MBThe naysayers will always say your new idea will be too hard, too much work, etc. However, your new response is, "pick your hard." You may be willing to put the hard work in because you have a passion for what you are doing. Their passion lies somewhere else. Audio Production by Podsworth Media - https://podsworth.com
Ep. 123 - Generation vs. Generation
July 21, 2023 11:00 - 17 minutes - 15.1 MBWho is right in this fight? Who is the door mat, and how long do we sit around waiting? Audio Production by Podsworth Media - https://podsworth.com
Ep. 122 - Credit Score
July 14, 2023 11:00 - 14 minutes - 12.2 MBHere are some things that will raise your credit score quickly with minor effort. Audio Production by Podsworth Media - https://podsworth.com
Ep. 121 - Bonus Money Doesn't Make You Debt Free
July 07, 2023 11:00 - 16 minutes - 14.1 MBYou don't get to count your debt as paid-off if you come into money. Be honest and keep paying yourself; those are the basics of the Infinite Banking Concept. Audio Production by Podsworth Media - https://podsworth.com
Ep. 120 - Infinite Wealth Podcast Interview
June 30, 2023 15:00 - 32 minutes - 26.5 MBThis is my appearance on the Infinite Wealth Podcast from a couple years ago. Thanks to Cameron and Matt for letting me re-broadcast this! Go check out their YouTube channel here: https://www.youtube.com/@InfiniteWealthConsultants Audio Production by Podsworth Media - https://podsworth.com
Ep. 119 - FAQs
June 23, 2023 11:00 - 18 minutes - 15.8 MBToday's topics: How to get money in for a faster start, when to start new policies, how much death benefit do I need, and don't feel guilty using cash. Audio Production by Podsworth Media - https://podsworth.com
Ep. 118 - Bankers
June 16, 2023 11:00 - 19 minutes - 16.8 MBBankers are normally nice, but when they aren't, they can harm you more than help you. Today's RANT is about how they can actually harm ya! Audio Production by Podsworth Media - https://podsworth.com
Ep. 117 - Dream Big
June 09, 2023 11:00 - 14 minutes - 12.2 MBDon't let people kill your dreams, and by gosh, don't be scared to share them with me! Audio Production by Podsworth Media - https://podsworth.com
Ep. 116 - Not A Salesperson
June 02, 2023 11:00 - 13 minutes - 11.7 MBAudio Production by Podsworth Media - https://podsworth.com
Ep. 115 - Lies, Lies, Lies, with Chris Kirkpatrick
May 26, 2023 11:00 - 58 minutes - 47.7 MBThe big IBC debate around IUL vs. whole life has come to a head with the document I received last week. It is full of lies and was given to clients. Chris is a leading expert in IUL and why those policies are not good, so I had him on as a guest to speak about the IUL debate. Audio Production by Podsworth Media - https://podsworth.com
Ep. 114 - Modified Endowment Contract (MEC)
May 19, 2023 11:00 - 19 minutes - 16.4 MBWe hear a lot about the MEC when we talk about Infinite Banking, but rarely do we hear the ins and outs of it. Here are the ins and outs, why it matters, when it happens, and how to avoid or work around it. Audio Production by Podsworth Media - https://podsworth.com
Ep. 113 - Windfalls
May 12, 2023 11:00 - 13 minutes - 10.9 MBNelson Nash talks about windfalls within the world of Infinite Banking, but loans should not be taken with a windfall in mind to repay, unless it's a unique circumstance. Audio Production by Podsworth Media - https://podsworth.com
Ep. 112 - 3 Types of IBC-ers
May 05, 2023 11:00 - 14 minutes - 12.8 MBThere are normally three types of people that take the step to meet with me, but they get there differently and over a different period of time. Who are you? Audio Production by Podsworth Media - https://podsworth.com
Ep. 111 - Real Examples of Why Universal Life is Not Good
April 28, 2023 13:00 - 22 minutes - 18.6 MBIn this episode, you will see evidence and real policies demonstrating why universal, variable universal, and indexed universal life policies are not a good options for the long term. IBC uses whole life and only whole life for a reason. Audio Production by Podsworth Media - https://podsworth.com