Wealth On Main Street 266: Farmer Uses Infinite Banking to Control The Farm Operation
What if you could turn your farm, your business, or even your household into its own private bank—one that puts you in control of your money instead of relying on banks, loans, and lenders?
Sounds ideal, right? But for many people, especially those used to navigating traditional finance, it also sounds too good to be true.
Now this isn't just a theory—it’s something being done successfully every single day. In a recent episode of Wealth On Main Street, Richard Canfield and Roman Pushkar sat down with Southern Alberta farmer Rene Nielsen of Nielsen Farm & Flowers to discuss exactly how he made this happen.
And spoiler alert: it didn’t take winning the lottery, a financial degree, or some complicated investment strategy.
Rene’s story is inspiring because it’s so grounded in real life. He’s a working farmer, a husband, a father—and he’s also now his own banker. Through the Infinite Banking Concept (IBC), he has created a financial system that gives him full control over his cash flow, supports his family business, and even plants seeds for generational wealth.
This isn’t just for farmers either. Whether you run a small business, manage a household, or simply want to get ahead financially, this episode proves that Infinite Banking is a practical tool anyone can use to take control.
If you’ve ever felt stuck in the cycle of borrowing and repaying—only to start over again—this is the episode you need to hear. Because what worked for Rene, might just work for you too.
Farmer Uses Infinite Banking: A Real-Life Case Study
Rene’s story starts like many others. He first heard about Infinite Banking through a podcast interview with Mary Jo Irmen. It piqued his interest, but like most people, he initially thought it sounded too good to be true. It wasn’t until years later—after listening to another episode with Jayson Lowe—that he felt compelled to take the next step.
Rene, who emigrated from Denmark, operates a large-scale crop farm and a fresh-cut flower business with his wife. These are not your typical 9-to-5 ventures.
They’re seasonal.
They’re high-risk.
They come with large upfront costs.
This is where Infinite Banking shines. By setting up dividend-paying whole life insurance policies, Rene was able to fund his operation using policy loans rather than lines of credit or traditional bank loans.
“It doesn't matter if it's a thousand bucks or a hundred thousand bucks,” Rene explains. “We throw it back into the system every time.“
He started small—paying off a credit card—and saw how simple the process was. That one experience gave him the confidence to take bigger steps. Over time, he built a fully functioning financial ecosystem that serves both his farm and his family.
Turning Policy Loans into Powerful Tools
If you're new to Infinite Banking, the idea of borrowing against your own life insurance policy might feel intimidating. But for Rene, it quickly became a source of empowerment.
“Click, click, and in a few days, the cash is in your account,” he said of his first policy loan.
Since that first loan, Rene has used his system to:
- Fund three crop cycles
- Pay for a family trip to Denmark
- Upgrade a rental property
- Replace a furnace
- Repair vehicles
- Buy his daughter a knitting machine
It’s not about how big or small the transaction is. It’s about having control.
What’s powerful about this system is that while you’re using the loan, your policy’s cash value continues to grow. You’re not depleting your wealth—you’re compounding it. This approach means Rene can borrow to cover costs without sacrificing future growth.
“You start to look at your premium as something exciting,” Rene said. “When I have cash sitting around, I can’t wait to put it into the system.”
The freedom to borrow on your terms and the joy of putting money into a system that pays you back—now that’s a game changer.
From Skeptic to Advocate: Building a Family Legacy
Rene didn’t become a true believer overnight. Like many of us, he had questions, doubts, and that little voice whispering, “Is this too good to be true?“
So he did what any smart person would do—he asked questions. He grilled Roman, wanting to understand every part of the process. Once he saw it work, he leaned in hard.
Now, the Nielsen family has policies for both parents and all three children. But Rene’s real focus is the long game: creating a legacy of financial education and control.
He talks about money openly with his kids. His son jokes about the local bank being full of “Banksters.” Even at a young age, they’re learning that money doesn’t have to be a source of stress—it can be a source of strength.
Rene shared something powerful: “We all wish we had started sooner. But maybe one day, my great-grandkids will say, ‘Great-grandpa Rene started this.’”
He sees himself not as the owner of his family’s wealth, but as the steward of it. “It’s not mine, but it’s my turn,” he says.
That’s the mindset shift Infinite Banking invites you to make. It’s not just about today. It’s about laying a foundation for future generations.
The Power of Live Events and Ongoing Education
Another secret to Rene’s success with Infinite Banking? Staying plugged in.
It’s not just about having a great strategy—it’s about continuously learning, refining, and staying connected to a like-minded community.
Rene regularly attends IBC webinars and in-person events hosted by practitioners like Roman Pushkar. For him, it’s about more than just education—it’s about surrounding himself with others who share the same long-term vision. “You should show up at least once a year,” Rene said. “Even if it’s just to connect with like-minded people.”
These events create space for deeper conversations. They’re a chance to ask better questions, hear real-world experiences, and learn new ways to optimize your personal banking system.
Rene shared how he brought a friend to an Edmonton event—by the end, both that friend and his girlfriend were sold on the concept and became policyholders too.
According to Roman, these live gatherings foster a powerful sense of shared ownership. When you repay policy loans and contribute to your system, you also help grow the dividend pool that benefits everyone with similar policies.
It’s not just about what Infinite Banking can do for you—it’s about what it can do for your family, your network, and your community.
Being in the room with people who truly understand and live the Infinite Banking philosophy is energizing. It shifts your mindset from scarcity to abundance, from dependency to autonomy. You begin to think generationally. You take ownership—not just of your finances, but of your future.
Stay plugged in. That’s how you grow.
Buying Opportunities with Confidence and Control
One of the most practical—and powerful—benefits of Infinite Banking is having cash available exactly when you need it. For Rene, that perk didn’t just offer convenience; it translated into real financial gain.
He shared a story about purchasing an irrigation pump at a steep discount. The seller needed cash quickly and was willing to let the equipment go for far less than its value. Rene didn’t have to think twice. He accessed a policy loan, paid in cash, and secured the deal.
“I never really understood Nelson Nash’s quote—‘When cash is available, opportunities will find you’—until that moment,” Rene reflected.
That moment perfectly illustrates a key difference between those who control their finances and those at the mercy of traditional systems. If Rene had to apply for a loan, wait for approval, or worry about credit checks, he would’ve missed out entirely.
But thanks to IBC, he had immediate liquidity—and he made it count.
This kind of financial agility gives you the upper hand. It allows you to make decisions quickly, negotiate with confidence, and capitalize on opportunities that others simply can’t move on fast enough.
Whether it's seizing a limited-time deal, funding a sudden business expansion, or covering an emergency, Infinite Banking puts you in control of your money—on your schedule.
And the best part? You don’t have to be ultra-wealthy to make this work.
You just need:
- right mindset
- right strategy
- willingness to take the first step.
That’s what makes Infinite Banking such a game-changer.
Conclusion: Farmer Uses Infinite Banking
You don’t need to be a finance expert or a millionaire to take control of your money. Rene Nielsen’s story proves that. He’s a farmer, a husband, and a father. He started with curiosity, asked hard questions, and took consistent action. Now, his family has a system that gives them freedom, flexibility, and peace of mind.
And you can build the same.
Here’s where to begin:
- Read Becoming Your Own Banker by Nelson Nash.
- Connect with an Authorized IBC Practitioner.
- Ask questions. Don’t be afraid to challenge assumptions.
- Start small, but start today.
- Keep learning. Attend events, listen to podcasts, and stay engaged.
The road to financial independence isn’t a sprint—it’s a strategy. Infinite Banking isn’t about overnight success. It’s about long-term stability and growth.
Rene said it best: “If you're ready to take control, this is for you.”
So, what’s stopping you?
Start today. Your future self—and maybe your great-grandkids—will thank you.
Ready to learn more? Tune in to the full episode on Wealth On Main Street and begin your journey toward true financial control.
For more information, watch the full episode here and grab a copy of Don’t Spread the Wealth. Discover how to make the infinite banking concept work for you.
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