Why leasing can be more beneficial than a loan from the bank
A claw hammer is a small and handy object for pulling a nail out of wood. With little effort, it allows you to achieve maximum effect. With a simple handle, you can also save considerable interest. In both cases we talk of leverage. A common argument against leasing is that leasing would be more expensive […]
Difference between a financial and an operational lease
For years I have been trying to find a new owner for my small sailing boat. I had it financed with a loan supported by a secondary mortgage on my house. A month ago I sold it leaving a dent in my wallet. The transfer price was lower than the outstanding balance of the loan. […]
