Post
Topic
Board Economics
Re: Saving is not enough
by
Unknown Op
on 19/07/2025, 23:45:01 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 appreciating 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.

Big business people are big due to their investment and they have no saving but they have creative mind and they used that mind to take debt for the business and now they are paying zero tax legally. Legally they are in debt and government is giving relief to these people because they gave opportunities to poor people and poor people are working in their factories. Factories are the businesses which cost million dollars but one can start small factory but experience of market matters a lot and you have to make products according to demand of market.Poor people always save money to buy a costly mobile phone to show the rich people they are also rich and they will take mobile Phone on Installment and after they will pay more than they took.