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Will Moran
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...view moreMost 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, MA, HBA, CLU, is the founder and owner of Moran Financial Inc. and Wealth Economics. Most Canadians are growing tired of traditional planning models that are costing them way too much, restricting them way too much, and causing them to lose control of their money. Will challenges the status quo, to cultivate a mindset where one dollar can do many jobs, where there is abundance as opposed to scarcity, and where, in the end, you discover a whole new financial world that works for you rather than against you.view less