Money is simply a value that is used in exchange for goods and services, it can be accounted for and also it can be stored for later use, however there are lots of cons In saving once value/wealth in money, a quick example is the fact that The Value of Money Can Be Inflated Away and when this happens Over time, the price of goods tends to increase. A dollar next year won't purchase as much as a dollar today. This process is known as inflation. If value is stored as money, then the value can decrease over time.
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This is especially so when compared to other stores of value, such as STEEM, GOLD AND SILVER, can keep pace with inflation by increasing in price, this disadvantage can be disastrous and it can cause one to loose lots of fortune.
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Also, When storing value as money, it will generally be held in a bank account with all d horrors of taxes and annoying charges, results in earning a modest or lower return. However, other assets that can be used as stores of value, such as STEEM, GOLD AND SILVER can, from all ramifications earn greater returns.
So my quick advice for you TODAY is that you should start saving your values profitably, start saving your values in STEEM GOLD AND SILVER.
......................in appreciation to @sirknight
This is quite insightful. The value of money tends to fluctuate with time so investing in an asset such as gold or silver, which do not decrease in worth, is a good way of saving value.
a lot doesn't know about this. ....thank for sharing
Yes you're absolutely right sir. The banking system is flawed.
Thank you for this enlightening post sir. We have got to end the magical money manufacturing done by the banks
I agree with you that one's value shouldn't be stored only by saving money. Investing it in a good way would even add more value. And I think steem is a very good investment right now.
Thanks for sharing
Nice advice
A friend also told me this about a month ago and trust me it helped
Steem has more propensity to skyrocket that SBD
Nice post
Investing is the greatest way to get value for your money. There are alot of things you can invest in but your greatest investment is in yourself. Thanks for this post
Thanks for throwing more light on this . Will definitely look into it.
Investing in gold, silver, steem is one step into attaining good profits
Thanks brother, savings ur values in precious stone is d only key to survive after d revolution
Let the gold silver trend continue. They are valuable gift from God.
Good article man! We really should start looking at using cryptocurrencies instead.