SAVERS ARE LOSERS
After hearing to what ram said bheema realizes that he cannot be a rich man in his town without having a second source of income.So he starts saving a large pile of amount in his monthly profit hoping he could create a fortune one day.
BHEEMA: I have discovered a way to build my wealth,and its simple saving large amount of money
RAM: Saving and then Investing right?
BHEEMA: No, just saving
RAM: Then,how can you build wealth,saving is just saving and in long term it become worthless.
BHEEMA: Why can't I build wealth😨
RAM: The steps to build wealth is 1.saving,2.investing
BHEEMA: Then just now,you said saving is worthless
RAM: You must understand Inflation the prices of products and services going up
BHEEMA: No,I haven't heard
RAM: Suppose if you want to purchase grocery for a month to your home which almost cost 100,000,the next month again you come to purchase the same quantity and quality of grocery but now the bill is 1,10,000,and this will continuing due to the government policies so gradually our consumption rate decreases and it will become worthless.
BHEEMA: So,what should we do
RAM: Investing is the only solution,to beat the inflation your money grows as the inflation grows and your consumption rate remains stable.
LESSON LEARNED
INFLATION IS MAKING YOUR WORTHLESS AS TIME PASSES
SAVERS ARE LOSERS
-ROBERT KIYOSAKI
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