πŸ’°** The Millionaire and the Bank **πŸ’° A distinguished gentleman walked into a bank in New York and

πŸ’°** The Millionaire and the Bank **πŸ’°

A distinguished gentleman walked into a bank in New York and requested to see the loan officer. He explained that he was going on a two-week trip to the Philippines and needed to borrow $5,000. The bank employee responded that the bank would require collateral for the loan.

The man handed over the keys to his brand new Ferrari parked outside the bank's entrance. The loan officer verified the vehicle's details, conducted all the necessary checks, and agreed to accept the car as collateral. Bank officials chuckled at the guy who left a $250,000 Ferrari as collateral for a $5,000 loan.

The Ferrari was parked in the bank's underground garage. Two weeks later, the man returned, repaid the $5,000 along with the interest, which amounted to $15.41.

**The bank's loan specialist said,** __"Sir, we were delighted with this transaction, but we are a bit puzzled. While you were away, we checked and found out that you are a millionaire. Why would you bother about a $5,000 loan?"__

**The millionaire replied,** __"Where else in New York City can I park my car for two weeks for just $15.41!"__

**Rich people stay rich because they know much more about managing money than ordinary folks. All millionaires pay attention to the details. **πŸ’ΌπŸ’°

#Psychology

@Motivation

πŸ’°** The Millionaire and the Bank **πŸ’° A distinguished gentleman walked into a bank in New York and requested to see the loan officer. He explained that he was going on a two-week trip to the Philippines and needed to borrow $5,000. The bank employee responded that the bank would require collateral for the loan. The man handed over the keys to his brand new Ferrari parked outside the bank's entrance. The loan officer verified the vehicle's details, conducted all the necessary checks, and agreed to accept the car as collateral. Bank officials chuckled at the guy who left a $250,000 Ferrari as collateral for a $5,000 loan. The Ferrari was parked in the bank's underground garage. Two weeks later, the man returned, repaid the $5,000 along with the interest, which amounted to $15.41. **The bank's loan specialist said,** __"Sir, we were delighted with this transaction, but we are a bit puzzled. While you were away, we checked and found out that you are a millionaire. Why would you bother about a $5,000 loan?"__ **The millionaire replied,** __"Where else in New York City can I park my car for two weeks for just $15.41!"__ **Rich people stay rich because they know much more about managing money than ordinary folks. All millionaires pay attention to the details. **πŸ’ΌπŸ’° #Psychology @Motivation