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

Smart Parents Talk Money Daily

14 Apr 2025 · 1 min

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Short excerpt from a YouTube conversation (Smart Parents Talk Money Daily) in which Richard Canfield and a guest discuss conducting financial conversations at the family level. The guest describes aiming to reduce reliance on commercial banks, maintaining multiple insurance policies (trial and other policies), and daily financial discussions between spouses as strategies to "get the wheels in motion" and run a very efficient household.

Chapters

How do you start to see yourself now embracing conversations kind of at the family level so everyone's on the same page moving forward.
My goal is for them to not even have to worry about the commercial banks. We have smaller policies on them. Those with my trial policies that we took out to begin with, we have policies on both. My wife and I tried to talk about finances every day. Nelson describes it in the book too, that it's all the human condition. We had to somehow find the cash to get the wheels in motion. Here we live super efficient to begin with. I wanted so badly to get these policies up and running.