The NO Nonsense Guide To Infinite Banking Richard Canfield

I remember when we first met, you're mind mapping business processes and I'm just like, you're so named technical. Like, why is it a big argument and a fight over this is better than that? How about no adjusting your behavior is better?

It's about looking at something that's simple, easy to understand, and efficient that doesn't require a lot of thought processes. This way, you can focus on what really matters, which is your family and investing in yourself. This enables you to earn more revenue and maintain control over it while keeping everything else dead simple. It just seems to make a lot of sense.

It’s impossible to be efficient if you don't have that desired result, and so many people don't even know where they want to go. It is extremely misleading for there to be potential without clarity. Like if you've got family members and you're not protecting them, I think that's insane and really stupid. What do you want to choose?

Authentic Conversations

We were 25 minutes into one of the most authentic conversations talking about issues that our audience would totally eat up. So stay tuned because some of the things that we discussed will be revisited in the future:

• The Infinite Banking Institute
• Misperceptions of infinite banking
• Insights from your newest book, including Chapter 8 which covers misleading claims about infinite banking

You literally in your newest book have Chapter 8, where you go over some of the misleading things that people are saying about Infinite Banking.

Discussing Your Books

1. Canadians Guide to Wealth Building Without Risk - Soon to be re-released as an American's Guide
2. Cash Follows the Leader - Focused on the mechanics of a dividend-paying in-life policy
3. Keep Taxes Away From Your Wealth - Co-written with Henry Wong, focusing on taxes related to wealth
4. Don't Spread the Wealth - The latest addition to your collection

And of course, each book is designed to stand alone, offering unique insights and complementing other critical financial literature.

Understanding Infinite Banking

Infinite Banking involves placing yourself in the control position of money movement processes. It's thinking strategically about the banking function in your life to gain better control over financial decisions. Infinite Banking is about what's going on between the 'squishy mass' of your ears—your brain—on how you relate to money movement and decision-making.

Shifting the Mindset

The thinking aspect:

• Identify the control level you have over your financial resources.
• Seek to optimize beyond your own lifespan for generational impact.
• Ask different questions to get surprising answers within your own financial context.

This approach separates an insurance product from the overall process and mindset. Infinite Banking is not about the product itself but about your thinking and actions related to financial dynamics.

Conclusion

To successfully implement Infinite Banking, you need a comprehensive understanding, not just of the products, but the entire financial ecosystem as it pertains to you personally, your business, and beyond your lifespan. It's about controlling the movement and activity of money efficiently and intelligently.