Instead you can put it to work.

Money sitting in a bank is safe, secure, under government control and worst of all. Losing value every day. With inflation currently at 8.8% year to date. Leaving money sitting in a secure account is the same as pissing it up against the wall.

The longer that you leave it sitting there then the less it will buy you when you finally put it into action.

What is the point in working hard, saving up, putting money away if it is just losing value all the while???

It's pointless really.

Think of all those hours that you will end up working for free as the value that you originally gained form the work will just disappear over time making it a pointless exercise.

All that hard work, done for nothing.

Or option two.

When ever you get some spare money then you put it to work.

Make every hundred dollars that you earn make another ten dollars ever year.

Compound every single dollar that you can spare and watch your value keep growing.

There are lots of ways to increase your funds and while we know that crypto is a spectacular way to do it. This isn't for everybody.

Instead you can take a few more traditional options such as shares. State bonds, property, assets that can earn interest, items to flip for profit, hire people to complete work for you at a lower price.

So many ways to turn money into more money. Basically turn that money into any sort of asset that can generate a return and still hold the original value in that asset until you wish to recover your money with all of it's additional value generated from the investment.

Or even better to take these profits generated and use them to purchase more or better assets for even more returns.

Compound your earnings into even more profits to build out a strong portfolio and over time generate a living wage.

That is always the end goal for myself personally. To earn enough money passively that it will pay me a living wage just from the interest.

Turing my money into a lot more money over time. Working for me 24/7 when others are sleeping or getting ready for the daily grind.

At the moment the majority of this is form crypto with splinterlands cards, HBD savings, CUB interest and a few others but it is also on the cards to buy some land and rent it out. Purchase some property and generate a return as well as invest into a few businesses in the future.

Break the cycle of working and earning, saving and spending into a more profitable and long term solution.

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