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

Pop Finance Advice Can Feel Shallow

1 Mar 2024 · 0 min

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Richard Canfield argues that mainstream personal finance advice misses the point. Infinite banking isn't an investment product to compare side by side with others, but a financing process for how you pay for things over your lifetime.

Where should that money go and what should happen after that? What's the systematic holistic view here? I think it's a little dry. I think the pop history finance advice, self help financial is a little shallow there.
So the infinite banking concept is not about addressing the yield of an investment. It's about controlling how you finance the things that you need throughout your lifetime, which can certainly include investment. But this is where that distinction simply doesn't exist in the majority of the marketplace. It is a instantaneous well, I need to immediately, immediately compare a process to a product when the person doesn't even realize that IBC is a process.