"WHY IS TAKING A LOAN FROM A SYSTEM YOU CONTROL BETTER THAN PAYING CASH?"
The answers will surprise you.
Most of us have been taught since we were kids growing up that we should avoid debt and pay cash as much as possible. But have you ever stopped to consider the financial impact of paying cash? When you pay cash, you lose the interest that money could have earned for you. You are giving up what Albert Einstein is credited with saying, the "eighth wonder of the world", compound interest.
But what if you could somehow earn interest on all the money you use when paying cash – for the rest of your life? How would that advance your wealth creating potential? What if there was a way you could buy the things you want and still earn interest on the money you used, and still have control over it?
Will Moran is the founder and owner of Moran Financial Inc. and Wealth Economics residing in Edmonton, Alberta, with his wife, Sue, who works in the medical field as a sonographer. Together they have raised three children, now all adults, who they love spending time with. In his free time, if not reading, cycling, golfing, hiking, or skiing in the mountains with his family, Will enjoys vacationing with Sue and spending time doing the things they both love—exploring this wonderful world.