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

Did Your Money Grow?

22 Apr 2024 · 1 min

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The speaker spent $15,000 on a family trip, including $3,500 on one part of it, and wonders if that money had stayed invested in cash-value insurance policies instead. Some experiences can't be bought back later, but neither can compound growth.

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And I just want to throw this little quote out there, because I love this quote. And this is what I reflected on. How much money I have right now, or would you have right now, if I give you the ability to unwind any financial decision you've ever made? So you think about that. That trip by itself, that cost to me, I know, was over $15,000, time I got there and back. And just part of that was that $3,500. But if you think about that 15,000 that I spent, enjoyed the time, we had a great time with the family, you can't place a value on that. But if I could have done it differently, knowing that the problem was that I didn't have an environment where my money could keep on growing, the cash value of my policies keep going up each day uninterrupted.