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

Family Banking: Don’t Spread The Wealth!

29 Jan 2025 · 1 min

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A short excerpt from a YouTube video (Richard Canfield) urging more coaching on family banking systems rather than focusing solely on individual banking. The speaker argues that while banking responsibilities belong to individuals, implementing banking processes is more effective within a family framework and recommends the book "Don't Spread the Wealth" as a practical starting resource.

Chapters

There's no better time, in my humble opinion, for us to be coaching even more on the family banking aspect of this and not just emphasizing, which I think we've done a great job at not doing, emphasizing it at the individual level. That's where the banking function should be held is at the you and me level, the individual level. But the implementation of the process is so much more abundant within the family framework. Implementing that and helping these people do it by actually helping them. And our book, Don't Spread the Wealth is an excellent first step to be thinking through the family banking system.