346: Is Paying Cash for Business Equipment Costing You More?

Wealth On Main Street · Nov 9, 2026 · 55m · transcript

For many Canadian business owners, paying cash for a new truck, vehicle, or piece of equipment feels like a financially responsible decision. There are no monthly financing payments, no additional borrowing commitment, and no loan interest. But there is another question worth asking: What opportunities might you give up by using that cash? Understanding Opportunity Cost Opportunity cost refers to the value of the next-best alternative you give up when making a decision. For a business owner, using $80,000 to purchase equipment means that capital is no longer immediately available for other…