The use of other people's money, also called financial leverage, can be a great tool for speeding up your growth of wealth. It can also, however, be a huge disaster if not done properly and at the right times.As with most things in the financial world, become educated before making the jump. What is OPM To use other people's money you simply borrow money from your bank etc. for a promising investment. The money the bank lends you is their clients' money that is invested in savings accounts, term deposits, etc.Hence the term "other peoples' money". Borrowing to invest can make a lot of sense, especially in today's extremely low interest rate environment. For example, if you could buy an investment that paid you a dividend of around 8% or higher and you paid an interest rate of 4% on your loan, you would then be making a net amount of at least 4% income on other peoples' money. That