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Where Do Banks Get Money To Lend To Borrowers?

Sep 15, 2021 | Podcasts, Wealth Coffee Chats

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Banks gave 100s of millions of dollars to borrowers during the last 2 years, how did they fair? Do you know where the bank gets their money from to lend out? The answer might surprise you. Let’s Wealth Coffee Chat!

1:21– It’s a marathon, not a sprint

5:02– Did you pause your mortgage through lockdown?

8:44– Banks are making record profits

11:27– The bank can use your equity

16:32– Why you shouldn’t give the banks your money

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