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Tuesday, September 26, 2017

SECRET OF SAVINGS

Secret of savings


            Your money has been put to the bureau and its value will go down. For example you have a Rs.1 lakh, it made the first of its kind to get 10% interest. It will have 1.10 lakh in the next year. But you did not invest that money, it will be ₹ 90,000 to see.

             But If your next year's price rise or inflation 7.5% increases, Your money is worth its value to same of its value  down. So that's value is ₹92,500.

             If you did the first thing without locking up the money box. Inflation rate can be adjusted Your money will increase by 3% percent get your bonus salary.
Your money will keep working for you. For instance, when interest is invested in interest, interest earnings are like dividend.

             By saving like this means your future  you can also use this money for future purposes when it comes to financing, it will give you the right time. This is the best savings plan for the middle family.

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