A Recycle Your Income account is like a farm because it provides security for future generations. This security is because it operates like a living business that is passed on. It can also grow by opening new accounts for each generation from the profits of the last generation, just by working the business. And, the good news is that the next generation can use these accounts for anything they choose.
There are no restrictions; they have full access to the money, they can open as many branches they want to open, and there is no taxation. This is a perpetual system of generating wealth, just like a farm will perpetually provide wealth as long as it is worked.
Another way the farm is like a Recycle Your Income account is that it is up to the farmer how big they want the farm to be each year, by deciding how many acres to plant. They can adjust to any changes in the marketplace for the price of their product or the demand for their product. Recycle Your Income works the same way because the business is controlled by the owners. They can open new branches in good years and in bad years they may just have to live off what they have.
Farming does not have immediate gratification. It takes time to nurture plants and get the fields ready for planting. It could take years for fruit trees to grow or the soil to regenerate. There are also many things in the beginning that can destroy crops and what you are trying to build. A farmer needs to take care of those seedlings and do everything they can to protect them so that they can grow. Recycle Your Income is not about getting rich quick, it is about getting rich slowly and predictably. It takes patience. There are three stages, and each stage requires nurturing and attention. There is the capitalization stage where money is redirected from expenditures or savings to “fund” the account. There is the utilization stage where the money is used to purchase goods and services. And, there is the “restocking” or “replenishing” stage where money is put back into the account. These stages can also be tied to the stages of planting. First, you have to buy the seeds and you need money to do that. Second, you have to plant the seeds or use them. And, third, you have to use some of the harvest to make seeds for the next planting.
Farms are also self-sustaining and much of what the farm produces can be used in other places of the farm. This is the same way with Recycle Your Income because there is no limit to the ways an account can be funded or used and it is self-sustaining. It feeds itself and everyone else in the extended family. It is also self-sustaining because it takes the same money that you initially used to start the account or the “business” and uses it over and over again. By doing this and incorporating the principal of velocity, you can grow this account with no additional effort on your part, just like if one plant does really well and produces more product than anticipated or a cow or sheep has babies.
How nice is it to know that you can give to your children the knowledge of something that will provide for them, their children and all future generations. This gives them more time to focus on their families, instead of worrying about how they will pay for things and save enough for retirement. It teaches responsible financial stewardship because who wants to be the one that ran “the farm” into the ground or bankrupted "the business”. And, finally, it reduces the dependence on outside sources of financing which gives families back the control over their finances.