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

The Social Media Buzz Of Infinite Banking 📱💰 #shorts

17 Aug 2023 · 1 min

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0:46

A short YouTube commentary criticizing misleading social-media marketing around the "infinite banking" concept. The speaker warns that infinite banking is distinct from life insurance and objects to slogans like “be the bank” or “buy your infinite banking policy,” arguing such messaging misrepresents the concept and harms the practitioner community.

Chapters

People need to develop a deep understanding that the infinite banking concept has absolutely nothing to do with life insurance. And secondly, the more you see infinite banking concepts, the more you'll see you didn't see. So that was a huge, huge coaching moment. But recently there's been just this growing trend of social media marketing in North America, where a lot of people who purport to know something about the concept are using this language that I just described to you earlier. Be the bank. Buy your infinite banking policy. Insert whatever here. Buy cars and grow rich. The list goes on and on and on. And not only are these statements misleading and inaccurate, but they really put the entire practitioner community in a very awkward position.