Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
Latest activity
Earn Money
Money apps
Passive Income
Paid Survey
Forex
Stock
Real estate
Paid to write
Social Media Monetization
Review Website/Apps
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Retirement
Personal loan
Savings for Students
Debt help
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Money Making Forums
Make Money Online
Why you should not leave your money in the bank.
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="Sherman198, post: 203044, member: 23031"] Apparently, this is a wonderful piece of advise! Keeping and holding your money in the bank, makes your money loses value because of inflation and some other unreasonable circumstances. For example a Nigerian bank can deduct money from your account, saying it's alert charges or Atm charges or some other things like maintenance fees. All these things will make you lose your money eventually if you keep it there for a very long time. So, it's completely reasonable if you keep the exact amount of cash that you might need daily or that you will need very soon, in a bank account. But if you buy an asset with your money instead of just keeping it in the bank, the money will yield a great dividend or interest for you, if you know the right asset to buy. However, you also need to be careful because you might lose your money if you went to buy an asset that has no value or has no tendency to rise in the future. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Make Money Online
Why you should not leave your money in the bank.
Top