Money on hand will finish no matter the amount, the stake will save you

in LeoFinance2 years ago

These days I like to write more about saving and investing money, this can be explained that, saving and investing are things that I like to talk so much, in finance or financial knowledge, I like to write so much about saving, because I have seen, every individual needs to practice saving in their life, as a thing that will save and not let them go bankrupt.

Image source

I have been there, so I know what it entails, when someone has money in their hands, I have had a lot of money before and it goes. From then till date, I cannot give an account of how I have used the money, I might even vex my mind, because the things I have used it for, seventy percent can be certain that it was not a good plan.

I couldn't use the money on something I like, because, the money was in my hand and every time, I look at it I would like to do something, just like some people says, that money has some forces, that follows it.

Assuming that the money was used for investment, whether it is buying business assets or properties, I will feel happy and I will know, that it was used for an important purpose, then it would be calculative on how to scale out for more.

For anyone who wants to grow, hive as all it takes for that person to get to a position of success, I see so many staking sections on the blockchain, you can stake on hive engine tokens, hive coins as well following a way that will multiply your HBD's at 20% APR.

Money doesn't stay bigger if the person who owns it doesn't invest it in a profitable line of business, as the day comes, money values keep going down, that's why, money nominations has left trillion, I think it must reach another level by now.

That is the change that comes with earning a living, that is why for an individual, it is advisable to invest and not keep the money in the hands, the money that we keep in our hand, will run out so fast.

But when we put the money in a line of business, it will never devalue but rather, the money will grow, as the business is growing and will remain in the value of money in the economic.