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

Financial Knowledge Is Nothing If You Don’t Use It

16 May 2024 · 1 min

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0:44

A short YouTube monologue (uploaded by Richard Canfield) in which Scott discusses the importance of applying knowledge rather than merely acquiring it. The speaker cites the proverb “to know and not to do is not to know,” praising those who act on what they learn and framing action as the real value of financial knowledge.

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So, Scott, here's something that comes up for me, and I was expressing this in a earlier conversation that I was having with this large group of professionals that we were educating on this concept. And when we got to the end of the education, I said, there's a proverb. I'm not sure if you've heard this before, but it is to know, and not to do is not to know. And that, I think, what you've just expressed, just as a shining example of, you went on this journey of developing awareness and clarity and reading and watching and listening. And so you got to a place where you were in the know. And not only were you in the know, you took action. The knowledge is really meaningless if you don't do something with it. And so credit to you for. For doing that.