No point keeping idle money in savings account!
Savings account earn a meagre 3-4 percent interest which is below the inflation rate of 5-6%. So, if you have idle money lying in your savings account then it technically erodes your wealth over time. The more time you give your money to work and grow, the more it will help you fulfil your dreams and ambitions. Every moment your hard-earned salary or income lies dormant in a normal savings account, your chance of earning a good corpus diminishes.
#PsychologyofMoney#PersonalFinance#Miscellaneous
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