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Without The Bank Podcast
We have a 103 year-old banking problem throughout the business industry, and most business owners have become complacent about it. We talk about this problem and how it’s affecting businesses by allowing the bank to have control. You may never get rid of the bank completely, but you can sure try. The bank should be plan B, not plan A, and you can make that happen. This takes time, but you have to get started. Listen to hear how this banking problem began and what the solution is.
Recent Episodes
The 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.
$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
🔔 Subscribe for more honest conversations about personal finance, retirement planning, and financial education that the mainstream doesn’t cover 📧 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
