Richard CanfieldPodcast Host and IBC Advisor, Ascendant Financial · Authorized Infinite Banking Practitioner | Author of 4 Books

Bought Back Control With IBC

28 Jun 2025 · 1 min

Watch on YouTube

0:39

Richard Canfield explains the Infinite Banking Concept as a way to regain control of your finances. He prefers buying policies on family members to teach them financial responsibility rather than using it only for himself.

Chapters

You've heard the expression that you can't buy back time. What you've done is you've bought back control. How do you hope that your story gives other people courage to do that?
IBC is the whole concept. It's a way to take control of your finances in your life. I would suggest that to anybody, no matter what your age. At my age, it doesn't pay to buy life insurance on myself, but there's nothing to stop me from buying a policy on the rest of my family. The satisfaction of knowing that you're in a position where you can help your family if they are willing to learn how to handle their money properly. And certainly IBC is one way of doing it or the only way of doing it.