Richard Canfield explains how farmers can use the Infinite Banking Concept to build capital like they grow crops. He uses farm analogies—fruit trees, grain bins, storage—to show how families can preserve wealth across generations without relying on banks.
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When is the best time to plant a tree? The saying goes 20 years ago. And when's the second best time to plant a tree?
Today. Our guest today, td he's living proof that stepping out on faith can create both abundance and opportunity. After 11 years as a financial planner, our guest today traded in spreadsheets for work boots.
They're punitively finding him. They're trying to steal his property is what they're doing. The analogy is perfect. And it's something that people that farm can understand, relate to. Even if you don't have an excess of cash, right. There's still a starting point. Just like when you plant that fruit tree. Farmers feed the world. So I had mentioned earlier about how IBC correlates to fruit trees, right. And there's a saying among agrarians like when is the best time to plant a tree? And the saying goes 20 years ago. And when's the second best time to plant a tree?
Today.
Right. And the beauty of the book, growing your own capital. Once again, we were just talking about, right, how you don't fully understand things until you have an experience and the correlation between agrarianism and planting. So, you know, sowing and reaping and waiting, right. All those correlations are so perfectly illustrated in this book. And then also how you finance that. Right. Because that's always the catch, right? You know, farmers, we, we all hear people talk about there's no money in farming. We're losing thousands of farmers every year. Bureaucracy and the government, they're absconding. I, I just had my buddy Charlie on the podcast. There's this 85 year old farmer on legacy land in Washington state and they're punitively finding him. They're trying to steal his property is what they're doing. And this guy's a hay farmer, right? And he doesn't have to the money to pay this exorbitant fee and none of his children want to farm, right? So this so unbelievable. When you take growing your own capital and you're providing people that already have a farming mindset or a farming background and you're putting the infinite banking concept in a format that they can understand and relate with and you are providing them a solution to this gigantic problem, not only are you solving a problem for them, but farmers feed the world. So when you think of the potential impact of that, I don't think, I don't think you can monetarily describe the financial impact of that nor the benefit for humanity that you're providing. You're providing a financial solution and A financial perspective for the people that are growing our food.
How would you like to see a 91 year case study that we put together to explain how this infinite banking thing can work for a family over two generations? Well, you know what? Real easy to do that. We have that right in our second book, Cash follows the leader. You can get a copy for free, delivered right to your inbox. Head on over to cash follows.com, that's cash follows.com and pick up a copy right now. Well, you, you also mentioned you're reading Building your warehouse a wealth, which Nelson was really proud of the tagline for that. When that book, I remember when he was talking about the book coming out, he's like, but get this, the subtext is, you know, a grassroots method to ending fractional reserve banking. I'm like, and he was just, he was just like tickled pink. He was so happy to talk about that. And so you're, you know, your Austrian mindset, you know, the kind of taking control, the parallel world, the parallel economy you talk about. And so then we're bringing it to farmers. You're mentioning, okay, they feed the world. And it's like, it really to me is the grassroots connection of a lot of what Nelson is talking about. And you know, in, in our new book, there's a couple things I, I'm particularly proud of. But I'm curious, you know, what, what did you think of some of the, the ways that we relayed the concept? Like as an example, we talked about a storage facility, but we relate it to a specific type of storage facility, the family grain bin. And how did that connect with you?
Yes, perfect. I mean, it's a, you know, it's something that a farmer can relate with. Whether you are raising cows, right. And you have a grain bin for your cattle feed or whatever you have in your grain bin, whether you, whether what you have in your grain bin is actually your end product, corn or soy, you know, even if you're, you know, a more industrial type farmer. Or maybe it's not a grain bin, maybe it's a cold storage, maybe you're a dairy farmer, you know, but the analogy is perfect and it's something that people that farm can understand, relate to and they can see the analogy and see how it's. Yeah, it's just a perfect example versus, you know, if you're just talking about finances and you're just talking about, if you're just looking at it from a completely like a banking perspective, you know, a lot of people aren't going to relate to that because, like, yeah, you want to talk to me about banking, I can barely pay my bills, you know what I mean? Like, I can't even get there. It's like a bridge too far. But when you can bring it down to a grassroots or an agrarian level, it makes it very relatable. And yeah, you know, I'm just a poor farmer. Well, you got a grain bin, right? Well, yeah, I mean, but, well, so, so now they could. And, and the reality is, even if you are on, even if you don't have an excess of cash right there, there's still a starting point. Just like when you plant that fruit tree, you know you're going to have to wait five to seven years to get any fruit off of that tree. And it's so interesting how that policy breakeven is like right there in that fruiting period. And, you know, there's all these different parallels and these different parallels that you make in the book that it's because truth is universal. You know, truth is true. And you will find how nature and creation and all these different fundamental truths are similar because it was designed that way.
Tired of having your farm under the control of someone else, like a bank? Well, the only way to stop that is to take control. Get this book right here. Growing your own capital. They're going to teach you exactly what you need to know so you can keep the farm where it belongs with you and your family. Go to growyourowncapital.com that's growyourowncapital.com.
