Post
Topic
Board Economics
Re: Banks Won't Make You Rich
by
andrei214
on 23/04/2018, 15:16:42 UTC
This is my opinion.Banks won't make you rich.saving in bank can never do that,because of interest rate that bank gives you is too tiny.You saving will be simply be eaten up by the sleepy monster called inflation. As a example I will take ,When I'm in grade school,each day I received 10Rs (my country currency) from my mother.It was enough to by me 2 meals,but in now 10Rs enough to buy 2 candies.  Lips sealed Banks are just for keep your money safe!  Tongue

Banks can be good for the safety and taking care of your money, but then some banks put too much interest and that causes the people to get irritated with banks and loses trust on it.Maybe, banks are truelly for money's safety.