” So what we're doing is just teaching farmers, ranchers, anybody really, how to utilize money correctly so that we can make the bank plan B instead of plan A.”   Mary Jo Irmen joins the podcast to discuss how farmers and ranchers can take control of their finances, avoid reliance on traditional banks, and secure their farm’s future. She breaks down the infinite banking concept, estate planning, and strategies to keep family farms in business for generations. With insights on managing cash flow, preparing for transitions, and making smarter financial decisions, this episode is a must-listen for anyone serious about long-term farm success.  Key Topics:  How banks pull funding and leave farmers scrambling.  Using whole life insurance to create liquidity and control farm finances.  Avoiding family disputes and ensuring smooth farm transitions.  Strategies to pass down farms without forcing the next generation into debt.  Making smarter financial decisions to secure long-term success.  If you want to learn more, check out Mary Jo’s website at farmingwithoutthebank.com. To connect with Mary Jo, you can find her on Facebook, Instagram, TikTok, and YouTube.   Financial Disclaimer: This podcast is for informational purposes only and does not constitute financial advice. Every farm operation is unique, and financial decisions should be made in consultation with a qualified professional.  LINKS  Join the waitlist for our premier class here!  Marketing Routine class, do so here!  Join the Farming On Purpose Facebook group and visit the Farming on Purpose merch page.   Check out our favorite software tool for online sales: Thrivecart  I may earn affiliate commissions from links on this page.  Other Episodes You May Enjoy:    Episode 88: Navigating the Changing Landscape of Agriculture: Insights from Economist Ben Brown  Episode 24: The Financial Planning and Grace that Makes Multi Family Farms Possible with Lydia Hiesterman  Episode 4: The Power of Courage in Farm Management Discussions with Elaine Froese    About the Host of Farming On Purpose, Lexi Wright:    I’m your host, Lexi Wright. I started the Farming on Purpose Podcast from a passion for sharing the future of production agriculture.    Connect with me on Instagram, Facebook, and TikTok.