Henry Wong

My Journey

In 2006, I began my career in accounting as a CPA, CA, believing that I was following a responsible and well-established path toward long-term financial security.

As my career progressed, my income increased and I followed much of the conventional financial advice available at the time—investing in capital markets, building diversified portfolios, participating in real estate, and exploring entrepreneurial ventures. On paper, things appeared to be working.

Yet despite earning more and doing “the right things,” I experienced increasing financial stress. I found myself working longer hours, constantly focused on earning more, managing multiple income streams, and trying to stay ahead. Accessing capital often meant navigating restrictions, approvals, or tax consequences. Saving and investing felt fragmented, and inflation gradually reduced the purchasing power of my efforts.

By 2016, it became clear to me that while my income had grown, my sense of control and clarity had not. I began questioning whether the way I was organizing and accessing capital truly supported long-term flexibility and resilience.

Discovering Alternative Ways of Thinking About Capital

In 2018, I was introduced to Becoming Your Own Banker® and the Infinite Banking Concept®, a framework that examines how individuals and families can think differently about liquidity, financing, and the use of long-term financial contracts.

This approach was unfamiliar to me at first. What stood out was not a promise of higher returns or a replacement for traditional institutions, but a different way of thinking about the banking function, cash flow, and access to capital over time. It prompted me to reconsider how financing decisions are made and how capital can be coordinated more intentionally within a household or business.

Over time, applying these concepts helped me better understand the trade-offs involved in borrowing, saving, and deploying capital. Like any financial approach, it involved learning, discipline, and an appreciation of limitations and assumptions.

How I Work Today

Today, my work focuses on education and guidance around the Infinite Banking Concept at a conceptual level, helping individuals and business owners understand how this framework fits—or does not fit—within a broader financial picture.

This includes discussions around:

• Liquidity and access to capital

• Financing decisions and cash-flow coordination

• The role of insurance contracts within long-term planning

• How taxes, inflation, and risk interact with capital structures over time

No single approach is appropriate for everyone. Financial decisions are highly personal and depend on factors such as income, business structure, time horizon, risk tolerance, and changing laws. My role is to help clients understand the framework, its trade-offs, and where it may warrant further discussion with licensed professionals.

Beyond Any One Framework

Financial planning does not exist in isolation. As individuals and business owners evolve, considerations such as income protection, corporate structuring, succession planning, and estate considerations become increasingly important. These areas require coordination with qualified professionals and careful attention to individual circumstances.

My background as a CPA, CA allows me to approach these conversations with an emphasis on structure, discipline, and long-term thinking—always recognizing that education is not a substitute for independent professional advice.

Additional Resources

I have also written Keep Taxes Away From Your Wealth, an educational book that explores tax considerations at a conceptual level and encourages readers to better understand how taxation affects long-term financial outcomes. It is intended for informational purposes only and does not provide personalized tax advice.

Henry Wong, CPA, CA
Educator and Practitioner of Infinite Banking Concepts