Banking
We at IFS use a concept called YOUR FAMILY BANK
Is it better to PAY CASH or borrow and leave your money in a growth mode??
We like to call it your Personal Lending Institution. It helps you learn to create your own pool of money to collateralize and borrow against and leave your compound interest in a growth mode. Compounding interest will outrun cost of interest in a loan everytime. So the net (remember net is all that really matters) effect of the loan is by far in your favor. Over a period of years you would have a great deal more money when buying cars or business equipment or anything you buy repeatedly, with this concept than by paying cash.