Post
Topic
Board Economics
Merits 1 from 1 user
Re: My money in bank backed or not real ?
by
barisbilgili
on 11/09/2024, 05:10:25 UTC
⭐ Merited by iamsange (1)
agree with your view because keeping too much wealth in cash will not be productive. So it is necessary to have a view of how the money we have should be more productive where investment or running a business is a much better decision. Rich people think about how their money can work to produce multiples and people who like to be in their comfort zone will save money and do nothing. This is a big difference and level of understanding in making money because what is done will determine the results as long as they understand any process that is carried out. If investment is done consistently, the results obtained will also be good as long as people want to learn how to run investments properly.
Not everyone thinks so and dares to invest even though it cannot be denied that saving a lot of money in the bank is a loss for our future.
And to invest is for those who understand or want to learn, so it's all about mindset.

I used to not want to lose the savings I had so I preferred to save money in the bank, I thought it would be much safer but as my mind and knowledge became more open, investing for the future was much more profitable so that it encouraged me to learn many things about it in order to be able to do what I wanted.
We are not only talking about real money that is visible if we put it in the bank, but much more importantly when the money we have can produce or multiply more, I think that is the most important thing now.