Ep. 114 - What Is Financing? The Money Lesson Most Canadians Were Never Taught
What does financing actually mean?
If you asked most people, they'd probably say financing means borrowing money from a bank to buy a vehicle, home, or equipment. While that's certainly one form of financing, it's only part of the picture.
In this episode, Winnie and Lacy explore one of the foundational principles of The Infinite Banking Concept®, created by Nelson Nash: every dollar you spend is a financing decision. Whether you pay cash, use a debit card, borrow through a loan, use a credit card, lease equipment, or draw from savings, you're making a financing choice that has both immediate…
The skinny
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