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

Infinite Banking: Legacy in Action

5 Jun 2025 · 1 min

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0:43

A brief spoken reflection (from a YouTube video) about personal legacy and financial education for the next generation. The speaker emphasizes wanting time and freedom, and teaching their son practical money habits (participation in an investing club, a "10/10%" savings/tithing rule) alongside values like faith and integrity.

Chapters

How do you define legacy? In a way that's simple and practical. I just want time, freedom, and to be able to live on the beach and whatever. And all the fun things of financial freedom, whatever that means. I want my son, legacy wise, to be able to understand how finance works now, or money right now. He's an investing club with his mom. They do investing club. He's teaching the core. Not about which ETFs to invest in or any of this. It's about the October 10th and savings. The 10, 10% of all you earn is for you to keep or tithing. Those kind of principles, I think, are more important and what I want to teach along the lines. I want them to have the values of what it means to be a, I don't know, person of faith, a person of integrity.