Is your 401(k) really a "benefit"… or did you just get dropped into the government's boiling pot without noticing?

👉 Follow Mary Jo Here: https://www.youtube.com/channel/UCXYvzroUouEMsTGKFw5nJHQ
👉 Get the book: https://www.farmingwithoutthebank.com/book

In this episode, Mary Jo continues breaking down Nelson's book Building Your Warehouse of Wealth (Chapter 4) and why he called tax-qualified retirement plans a scam, how government "help" actually means control, and why cash flow + financial education beat blind 401(k) contributions every time.

What we cover in this episode:
We walk through the history of pensions, 401(k)s, IRAs and Social Security, and how each step slowly pushed Americans into dependence on government-controlled retirement plans. Mary Jo revisits Nelson Nash's famous "boiled frog syndrome" analogy and shows how it applies to:
◦ Auto-enrolled 401(k)s
◦ "Saver's match" incentives
◦ Changing the rules on IRAs and inherited accounts
◦ The illusion that "the market will save you."

You'll also hear why the median American doesn't have nearly enough saved to retire, why living past 90 (or even 100+) changes the math completely, and why parents—not schools or the government—must teach kids about money.

Key Takeaways:
◦ Government "help" comes with control. Tax-qualified plans exist because of bad tax policy in the first place, and the rules can change at any time.
◦ Auto-enrollment = quiet confiscation. If you don't opt out, you're automatically in the system, with penalties to get your own money back early.
◦ Pensions & Social Security are fragile. Nelson predicted Social Security would fail; corporate pensions are already collapsing or underfunded.
◦ Most people are underprepared. Median retirement savings numbers are nowhere near enough to fund 30–40 years of life after work.
◦ Longevity changes everything. Insurance companies are insuring people out to age 121, retirement plans built for 10–20 years are not enough.
◦ Parents must lead on money. Don't wait for schools or the government. Learn, then teach your kids how to think about money and cash flow.

Chapters:
00:00 – Why schools shouldn't teach your kids about money
01:09 – Chapter 4 overview: tax-qualified plans & "the scam."
03:02 – Boiled frog syndrome & major events every 70 years
07:44 – Guaranteed retirement accounts, land grabs & auto-enrollment
11:29 – How pensions, 401(k)s & IRAs really evolved
16:21 – Savings rates, boats, and the illusion of "the market."
20:09 – Do you actually have enough to retire? The ugly numbers
23:25 – Longevity, nursing homes & government rule changes
26:16 – Distraction, dependence & quiet confiscation of wealth
30:19 – So what about cash flow & who should teach kids money?

👉 Ready to stop being the boiled frog and start building real cash flow?
Get your copy of Building Your Warehouse of Wealth and learn how to take control of your banking and retirement strategy.

📚 Grab the book & learn more:
🌐 https://www.farmingwithoutthebank.com...

📩 Questions?
Email Mary Jo: maryjo@withoutthebank.com

📅 Already have your books?
Make sure you schedule your appointment with Mary Jo or John to go through your questions and see if this is the right next step for you.

Controlling the Banking Function in Your Life to Change Your Finacial Future!

You might be saving 10% of your income… but quietly sending 34.5% of every disposable dollar to banks in interest. In this episode, Mary Jo breaks down Chapter 3 of Building Your Warehouse of Wealth and shows why how money flows is more important than the rate of return you're chasing.

👉 Follow Mary Jo Here: https://www.youtube.com/channel/UCXYvzroUouEMsTGKFw5nJHQ
👉 Get the book: https://www.farmingwithoutthebank.com/book

Using Nelson Nash's "All-American Family," we walk through where your money actually goes, why banks always win under the current system, and how using properly-structured whole life policies can help you take back the banking function—without needing to be rich to start.

💡 What you'll learn in this episode
◦ Why now is the best time to start your own "warehouse of wealth"
◦ The idea that there is only one pool of money and how it really flows
◦ How banks turn your deposits into multiple dollars of loans
◦ The shocking 34.5 cents of every dollar most families pay in interest
◦ Why the volume of interest matters more than the interest rate
◦ How big premiums (not "pennies") create real, usable cash value
◦ When you should NOT start a policy (and why high credit card debt is a red flag)
◦ Why policy loans must be repaid—so you don't "steal from your own warehouse"

⏱️ Chapters
00:00 Start Now: Why Waiting Costs You
01:06 One Pool of Money & The Flow of Cash
03:43 How Banks Multiply Your Dollar (Fractional Reserve)
08:03 The All-American Spending Pattern Breakdown
12:28 Volume of Interest vs Interest Rate (The Real Problem)
20:21 Using Whole Life as Your Personal Banking System
25:39 When Debt Stops You & How to Get Ready to Start

🔑 Key takeaways
◦ Money must flow, or it's worthless—saving without a plan for flow doesn't fix the problem.
◦ The average family is saving little but paying massive interest to other people's banks.
◦ It's not about getting a higher rate on the tiny amount you save—it's about regaining control of the banking function in your life.
◦ You don't need to be rich to start; you just need to start correctly and think differently.
◦ If you're buried in credit card debt, the first step is cleaning that up, not starting a policy and then never paying it back.

👉 Ready to see if you can start your own "warehouse of wealth"?
Read the book and schedule a conversation with Mary Jo or John, and find out where the money is hiding in your cash flow and how to get started comfortably.

👉 New here?
◦ Subscribe for more episodes on infinite banking and Nelson Nash's concepts
◦ Like this video if it helped you think differently about money
◦ Share it with someone who keeps chasing "high returns" while drowning in payments

📚 Books to read:
Becoming Your Own Banker – R. Nelson Nash
https://www.farmingwithoutthebank.com...

Building Your Warehouse of Wealth – R. Nelson Nash
https://www.farmingwithoutthebank.com...

🗓️ Talk with Mary Jo or John:
Read the book and schedule a call: https://www.withoutthebank.com/contac...

📩 Email Mary Jo:
maryjo@withoutthebank.com

Banks classify your life insurance as an asset, so why do so many people treat it like an expense?
In this episode, we break down how dividend-paying whole life can be your warehouse of wealth without feeding inflation like the banking system does.

👉 Follow Mary Jo Here: https://www.youtube.com/channel/UCXYvzroUouEMsTGKFw5nJHQ
👉 Get the book: https://www.farmingwithoutthebank.com/book

Chapter 1 of Building Your Warehouse of Wealth (Nelson Nash) hits hard: government programs, fractional reserve banking, and how we've become "part of the problem" by chasing cheap loans and rates of return.

We contrast banks (who lend money that doesn't exist) with mutual life insurance companies (who don't inflate money and invest conservatively).

You'll learn why policy loans aren't withdrawals, why whole life beats UL/IUL/VUL for guarantees and control, and how to classify your policy correctly... as an asset with liquidity, control, and a tax-advantaged end-of-life benefit.

Key Takeaways:
◦ Classify correctly: Whole life is an asset, not an expense.
◦ Banks vs Insurers: Banks inflate; mutual insurers don't.
◦ Policy loans ≠ withdrawals: Your cash value keeps compounding while you borrow against it.
◦ Owner priority: You outrank every other borrower for your policy's cash value.
◦ Avoid rate-chasing: UL/IUL/VUL = non-guaranteed costs and moving parts; IBC prioritizes liquidity, control, and guarantees.
◦ Don't be part of the problem: Think twice about HELOCs/premium financing/velocity banking to fund policies.

Chapters:
00:00 Asset or Expense? Reframing Life Insurance
01:17 Nelson's Roots & the IBC Basics
02:24 Government, Banks & Fractional Reserve
05:56 What Really Drives Inflation
08:26 Are We Part of the Problem? (Loans & Leverage)
12:16 How Insurers Invest + Why It Matters
15:37 Policy Loans 101: Borrowing vs Withdrawing

Want to build your own warehouse of wealth the right way?
👉 Grab the book/bundle and follow along with the study:
📘 https://www.farmingwithoutthebank.com/book