The danger of saving aimlessly.

 

Saving to invest don't save your money just to save.

We live in a society where we are educated to look for jobs and save money to buy expensive items that we want to own. Is this a good way to live?

so if it's not about buying expensive items, it's about saving them for the day of trouble.

However, what many of us don't know is that the longer money stays in the bank, the more its value decreases. while on the other hand, something else increases in value such as the house and the gold.

which means that if you have $100,000 in a bank account and a house that is worth $100,000 after 10 years, the $100,000 you keep in the bank will no longer be able to buy that $100,000 house because the value will increase after years, so saving money in a bank without a plan is a bad long-term investment. 

in summary, between savings and investment, choose to invest.


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