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

Infinite Banking: Borrow Money When You Want To

27 Jun 2025 · 1 min

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Excerpt from a conversation about the infinite banking concept and its impact on personal financial behavior. Speaker A reports changing views on money after owning multiple whole-life insurance policies, describing the ability to borrow from policy cash value as a flexible source of funds and repayment timed to personal income ('payday').

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If you sort of contrast the infinite banking concept and everything that you've learned about it, how does that compare to the financial advice that you've received over the years up to this point in your life?
My whole idea of money is completely changed. What I have found is that here now very fact that I have four policies that I can draw from. I've only taken a loan on the one, so the other ones are back up. But if I need it, I can request them and I have money, I can borrow the money and call my payday and that depends upon the government. And then when my payday comes, I can pay it back. I don't have to worry about it.