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

Financial Benefits That Outlast You 💵 #shorts

3 Aug 2023 · 1 min

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0:48

A short spoken piece by Richard Canfield prompting viewers to recall small unexpected sums of money (e.g., marketplace sales, tax refunds, gifts) and asking where that money went. He argues these windfalls often get absorbed by rising expenses instead of being allocated to financial uses that provide ongoing benefit during life and can be left to loved ones.

Chapters

Where have there been times in your life when you've had random amounts of money show up? Maybe you sold some stuff on Kijiji or on Facebook Marketplace. It was a tax refund. It was a some birthday gifts that were unexpected, where you got 500 bucks. Like things that showed up that were unexpected. Random amounts of money. Now stop and think, where's all the money? Where did it go? Your expenses rose to consume it. You. You found a way for that money to be prioritized somewhere in your life without actually putting it into an area most likely that would have created any financial benefit that outlives you. What do I mean by that? I mean a financial benefit that you can utilize through your life and still leave behind to the people or the things that you love.