Short Term Savings: Your enemy to your long term wealth creation

Humans have a need to feel safe and secure. This explains why we wear clothes, build homes among the many things. This is a feeling that man has had since he first walked the earth some 50,000 years ago. Today that same need for security drives people to do certain action, which is really counter productive in today’s day and age. Most people feel happy leaving moneys lying around in Savings bank and Current Accounts. They are always worried that there may be an emergency, expense, or outflow for which they may require these funds and hence choose to keep the funds lying idle in their savings account (earning 4% interest) or (current account earning ZERO interest). This at a time when infla

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