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In this video tutorial, the speaker introduces the concept of hypothecation, a term they initially found confusing but became interested in exploring further. Hypothecation involves taking a loan while using an already owned asset as collateral. The speaker provides examples and explains practical applications of hypothecation in everyday life. They emphasize their mission to help viewers achieve financial freedom, passive income, and wealth-building strategies. The aim is to empower the audience to create the life they desire by understanding financial concepts like hypothecation.
