Savers are Losers!

Money Save In Banks, Work Hard Enough For You?

 One of the most reform idea of famous Rich Dad Poor Dad author Robert Kiyosaki is that SAVERS are LOSERS!

 One must know how to invest their money to fight inflation.The very goal of investing is to have an additional income because the value of our money decreases as an effect of inflation. The value of your money today is not the same as the value of your money one month ago because of inflation.

"Savings is good, But how you switch your savings into asset is another thing".

 Savers are losers because they only know how to save money in the bank through bank deposits which give them very little interest income not even enough to outgrow inflation. One must build several assets that are income producing to become passive income earner. Therefore, savings should be used to invest in assets. By assets, I mean those investment vehicles that puts in money into your pocket. We should know how to properly invest our money to have passive income and use this passive buy our wants, preventing ourselves from deprivation.

*Edited on 23 April 2011.