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

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15 Apr 2026 · 1 min

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Richard Canfield lost a large unexpected expense that nearly wiped out his finances. A 2009 book shifted his focus from earning income to keeping it and building wealth across generations. He now thinks about how his assets work for him, not just what he makes.

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Have you ever experienced being paid for something, earning the income, receiving it, and then years later having that income taken away from you? I went from having a difficult time earning income that year to then having, you know, back to earning income and trying to rebuild and recoup that big hard year, to now almost going backwards again with a large unexpected expense. No one escapes getting through life without a couple of battle scars, but in 2009 that book came in and it completely changed and revolutionized everything in my life. It's not how much money you make, but how much you keep, how hard it works for you, and how how many generations you keep it for.