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

Take Back Control of Your Financial Life 👊💸

25 Aug 2023 · 1 min

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Richard Canfield argues for individuals to "take back control" of their financial lives by becoming their own banker. He frames this as a personal, incremental, profitable mechanism that reduces dependence on government or external institutions and restores control over interest rates, repayment terms, liquidity/use of capital, and broader economic factors. The tone is persuasive and critical of current systems.

Chapters

Then we can expect a the government or some other higher power to go look after it for us. You need to take that control back at the you and me level. That's what the process of becoming your own banker is all about. So that you don't have to be beholden to all of this other white noise and environment that you have no control over. No control over the rate environment, no control over the repayment terms, no control over the use and liquidity of your capital, and no control over the economic factors either. So. So by taking some of that on your shoulders through your own profitable mechanism of becoming your own banker, you can slowly, incrementally step yourself away from a system that, in my opinion, is not designed to support you.