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

Understanding vs. Really Understanding Banking

19 Nov 2024 · 1 min

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Richard Canfield pushes back on surface-level understanding in banking. When you say you "get it," do you actually understand how an honest banker works, or what life insurance really does? He wants you to get specific about what you know.

Chapters

Just to give you some context, when you say that I get it. What is it that you get exactly? And often what they're referencing it is like, hey, I get the fact that this is a great constant idea, and I want to explore more. I get that I need to do this thing called being an honest banker, and I can use a type of life insurance to help me do that in some way. Can you expand? Like that's really what you're trying to say, but you're not saying it, you're just saying, I totally get it, but can you tell me blank? Consider for a moment if that is you or if you know someone like that. Recognize that we all have an opportunity to learn, to expand on the way that we utilize our language.