Are you making your money work for you?

badge
Are you making your money work for you?

It’s not how much money you make, but how much money you keep, how hard it works for you. ~Robert Kiyosaki

Just as you work hard to make money, you must ensure that your money also works for you. Merely saving money is not enough, it should be invested properly so that it grows in value and helps you to realise your financial goals.

 

Why do you need to grow your money?

Nobody needs to be told how unpleasant inflation is! It erodes the value of your money. As prices go up due to inflation, the same money will fetch you lesser goods. You cannot control inflation but you can beat the inflation by protecting yourself against it. That is possible when your money also grows in value at least equal to or more than the increase in the cost of living.

Your investment should help you at least to preserve the purchasing power of your money.

 

Lifestyle Inflation

Read more

%d bloggers like this: