How money works in Canada | Esther Sande EP2

CONTACT DETAILS
📞 Book a consultation → https://calendly.com/esther
📧 Email: [email protected]
📍 Based in Canada

In this episode, Esther Sande breaks down how money truly works — and why understanding the money game is the foundation of wealth creation. Discover what banks actually do with your money, how to access professional money managers, and why the wealthy use other people’s money to grow their assets.

Esther also explains powerful financial principles like the Rule of 72, the Cost of Waiting, and the impact of inflation and taxes — showing you step-by-step how to shift from saving to strategic investing.

If you’ve ever wondered:
“Where does my money really go after I deposit it in the bank?”
“What is the Rule of 72 and how can I use it to double my money faster?”
“Why do the wealthy grow money differently than everyone else?”
…then this video is your masterclass in how to think, act, and invest like the wealthy — even if you’re just getting started.

TIMESTAMPS
00:00 — Intro │ Wealth creation is within reach for everyone
00:30 — How money flows from you to the bank to money managers
01:20 — Why professional money managers make more from your deposits
02:15 — The real profit banks make from your GICs
03:10 — How to play the same game as the banks
04:10 — Using leverage and other people’s money to grow wealth
05:00 — The mindset shift required for financial success
05:45 — Four habits of wealthy people: Decision, Habit, Patience, Discipline
07:00 — Concept #2: The Rule of 72 explained (by Albert Einstein)
07:45 — How long it takes your money to double based on interest rate
09:00 — The difference between 3%, 6%, and 12% rate of return
10:20 — How compounding creates exponential growth
11:30 — The cost of waiting: two investors, two outcomes
12:50 — Why time is your biggest financial advantage
14:00 — Understanding taxes, inflation, and investment fees
15:30 — Example: How GICs can lose value after taxes & inflation
17:00 — The importance of financial literacy and professional guidance
18:00 — Start building your wealth today with Esther

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