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

Build Two Engines for Financial Freedom

3 Jan 2025 · 1 min

Watch on YouTube

0:40

Richard Canfield argues you need two engines for financial freedom: a business that generates the cashflow for your desired lifestyle, and a protection system to preserve that wealth beyond traditional banking.

Chapters

We can all determine what the cost of our good life is. And then the money. Then it's about creating and building two financial engine. The first financial engine is the engine, if most of us are entrepreneurs, is what type of business do I need to build that's going to be able to create that type of money that's going to pay for my life? And it's a different business strategy. The second piece is. But we also have to build that protection and we have to build the financial security, not just the income coming from our business. It pays for a lifestyle that's just piece one of money. We have to build in that future financial freedom. We have to build in the protection. We have to build in the banking system. If we don't want to depend on the normal banking system.