Post
Topic
Board Economics
Re: Saving is not enough
by
Shawheer Khan
on 17/07/2025, 15:30:21 UTC
But just saving the money? Unless you want to keep working until the day you die then it will not be enough.
Just saving the money is not enough as it will take a very long time for a person to have an amount that he is Content with. But apart from that, Factors Like inflation can decrease the value of the amount saved. This way you are not becoming rich but losing Money. To Become Rich One has To Invest In Assets like Real Estate and Stocks so that they can get returns on the money they have saved. Saving Money has a ceiling (Limit) on how much money you get but investment doesn't. If you have a low-income earning source you can't just get rich by saving you have to Grow and Earn More And that can be done Using investments. You can invest the money you save in Bitcoin And you Can Get Good returns And Fight Inflation At the Same time. This way the Savings you do Doesn't Devalue and you also Gain Profits on Top Of it Too.