Is it SAFE to save in BANKS ?

 After reading this blog post, you will think twice to deposit or save into your bank. As this thinking is coming from ancient times that you have to save in a bank. Mostly people think that they can save money for their rainy days, this is a good concept though.

saving account is your shaving account 

Disclaimer: I am not saying you don’t have to save it future. Just try to invest some money so let your money work for you.

Saving is a good habit we should teach our kids too. But also teach them when they got enough money they should put into some investing options. So in this way they can get a good Idea to save some money and know about how they can save more through investments.

Here I am saying you not to save in a bank, so will be so surprise. As normally you guys think if you save in a bank, that will secure your money and you can save for rainy days. But here is a point in that that am going to explain something about money.

If you save money in your bank, then it’s totally lose if you keep it there and watching everyday. That Interest is slow which one you earn on your money. But if you make it Fixed Deposit or put it investment you can compare prices with that interest. Usually, you get more if you invest your money. As you can see, inflammation is increasing everyday. But interest is still same on your saved money. But if you want to grow with your money then you have to opt some options as well. Can’t rely only on saving try to grow a tree of saving.

Risks: - Risk of everything is high pay. If you take high risks, then you can get high returns. If you are afraid to put your high returns efforts, then how can you get higher results.

Investing your money makes you secure and you can find how investing make it easy for you which seems big for you. If you don’t have any idea how to invest money, then you can learn from You tube videos or there is a plenty of advisers who are the masters in this field. But try to take advice from the one who is already in that field. That person should be reliable and honest towards your money.

While Investing don’t put all your eggs in one basket. Means don’t put your money in one company. Always invest different amount in different companies. In this way you can also invest in Bonds.

Bonds means that investment which gives you dividend time to time. There is a less risks in bond funds rather than investing shares in companies.

If you would like to give a start, then you should try here sharesies

Just create your account in that. Log in and just check there is 2 options in buying shares. Companies and bonds. So you can check all before buying anything. It’s very simple or you just need to check which one you would like to go ahead. You can take online help if you wish to.

There is so many options around there. If there are any doubts you can take their help. So if you search there is a lot of options available for you.

I would like to say only that you should save money in bank but some portion from that saved money you can put in investments for you which one helps you to grow your money. That’s why I choose this title don’t save in banks. As if you try to save only you can’t earn money so for your financial growth just give a try to make a rapid growth with time to your money.

Taking risks gives you opportunities to move ahead in life. So if you save in account its loss of your money as our expanse increasing everyday. Inflation increase everyday but you cannot raise your money in saving account without investing it. So try your new strategy.