<?xml version="1.0" encoding="utf-8"?>
<oembed>
  <version>1</version>
  <type>rich</type>
  <provider_name>Libsyn</provider_name>
  <provider_url>https://www.libsyn.com</provider_url>
  <height>90</height>
  <width>600</width>
  <title>How One Family Lost $1.2M to College Tuition (Ep. 243)</title>
  <description>Are you still paying cash for big expenses like college tuition, remodels, or vehicles? You might be losing hundreds of thousands — even millions — without realizing it. Learn how to use the Infinite Banking Concept to make your money work for you every time you spend it. 👉 Follow Mary Jo Here: https://www.youtube.com/channel/UCXYvzroUouEMsTGKFw5nJHQ&amp;amp;nbsp;  👉 Get the book: https://www.withoutthebank.com/book/&amp;amp;nbsp; In this episode, Mary Jo shares a real-life client story that reveals how even high-income earners, &amp;amp;nbsp;employees, not just business owners, can benefit from Infinite Banking. You’ll learn how to recycle the same $30,000 for college costs, turn expenses like remodels and pools into wealth-building opportunities, and why paying cash may be destroying your retirement without you noticing. 🔑 Key Takeaways: ◦ You don’t need a business or a farm to use Infinite Banking. ◦ Paying cash for college can secretly cost you millions in lost opportunity. ◦ How to recycle cash value for recurring expenses. ◦ Why borrowing from your policy beats using bank loans or savings. ◦ How to set up policies tied to each child’s education for accountability. ⏱️ Chapters: 00:00 – Why Infinite Banking isn’t just for business owners 02:30 – The client’s story: paying cash for everything 04:45 – The college tuition trap explained 07:00 – Recycling money through policy loans 09:30 – The $1.2M lesson: lost opportunity cost 12:00 – Setting up policies for your kids 14:30 – Why your advisor’s approach might be wrong 17:00 – Which book is right for you: Life Without the Bank vs. Farming Without the Bank Grab your copy of “Life Without the Bank”&amp;amp;nbsp; &amp;amp;nbsp;👉 https://www.withoutthebank.com/book&amp;amp;nbsp; ⭐ Read The Book? Book your 1-on-1 strategy session: maryjo@withoutthebank.com Start building a system that pays you back every time you spend. Links Mentioned 📗 Life Without the Bank: https://www.withoutthebank.com&amp;amp;nbsp;  📘 Farming Without the Bank: https://www.farmingwithoutthebank.com&amp;amp;nbsp; </description>
  <author_name>Without the Bank Podcast</author_name>
  <author_url>https://withoutthebank.com</author_url>
  <html>&lt;iframe title="Libsyn Player" style="border: none" src="//html5-player.libsyn.com/embed/episode/id/39018150/height/90/theme/custom/thumbnail/yes/direction/forward/render-playlist/no/custom-color/88AA3C/" height="90" width="600" scrolling="no"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen&gt;&lt;/iframe&gt;</html>
  <thumbnail_url>https://assets.libsyn.com/secure/content/195407165</thumbnail_url>
</oembed>
