Without the Bank Podcast Mary Jo Irmen

It's about that time of year where parents have college coming up to pay for. Student loans are a joke, and parents are being stuck with the bill. Society has said, pay cash for your kids and never have them pay you back. There are better ways, and you as the parent need to stop using your retirement to pay for the kids' college.
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I stay away from the news for a reason, but I figured I'd take a listen this week, and now I'm mad. We are supposed to lose jobs in order to stop spending and get back to where the gov't thinks we should be. The thought process around this is absurd!
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Why is it that so many of us forget so quickly that we lost money in a market fall? As soon as that rate of return increases, we relax and believe all is good in the world again. Why are we not paying attention and remembering what happened to our money just a year ago!?
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If you have a business that is going nowhere fast, have you asked why? Is it because you don't love it, are you in your own way, or are you not filling your head with the right stuff? Get out of your head, open your mouth, and start working on your business. If you can't do that, then evaluate if you are doing the right thing.
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Here is an example of why Uninterrupted Compound Interest is what you want when looking at interest on anything you're saving. Many talk about compound interest, but they don't talk about what happens when it's interrupted.
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In order to make IBC work with life insurance, you want to have a PUA rider on the policy. In this episode, Ii explain what it is and how it works.
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