Investing Might Not Make you Rich

We all save money and invest by saving some part of our income and thus we hope that one day that will become a huge money. But usually that doesn't happen because whetever we save is not enough for the future. Million or Crore is great to hear and you might reach there too but when you reach your expenses will increase too and thus eventually that will be less itself.

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The rich means we have so much money that we can buy anything but thar usually happens when you do business or if one of your investment becomes 100x like Bitcoin. But if you are a Salaried guy and savings 30, 40 or even 50% that will never happen. We save for our reqtirement because that is what needed when we stop working. So that money will also deplete fast as the expenses will also increase. So even if you have Crore in your account 10 years from today that will not be enough. This is what inflation can do to your income.

10 years back 10 lakhs was a great sum of money, but now every other person have that 10 lakhs and now 1 Crore seems to be great sum of money. Similarly 10 years from today thar 1 Crore will not be enough too. So what should we do. The best thing to do is to start a business as small as possible and try to scale it.

For example, you create a business of selling some digital art, then you can scale to other domain and try to sell as much as possible so that you get good income from it. The business is one thing which can make you really rich. It's not that you need a big capital to start a business, you can start small and make it big too.

For example, there are lot of youtubers who have started with YouTube and once they have the following, they have created their own brand and created the business. They have the audience to promote too, so it's a win win situation for them.

Posted Using INLEO