Find solution
Can someone explain this quote to me?

Can someone Explain this Quote?

  • Answer:

    Don't know for sure... I can think on one thing... the inflation rate is around 2% a year. Meaning your money is worth less every year you hang onto it. If you spend the money you have right now your are actually putting money in your pocket because you are buying cheaper goods.

Sunjay Soekhradj at Yahoo! Answers Visit the source

Was this solution helpful to you?

Other answers

Don't know for sure... I can think on one thing... the inflation rate is around 2% a year. Meaning your money is worth less every year you hang onto it. If you spend the money you have right now your are actually putting money in your pocket because you are buying cheaper goods.

Bill

You can save money by spending it WISELY. I think you missed the last word.That makes a difference. Just spending won't do it.Buy a new car every two years,take expensive holidays, buy new clothes every week,(even if you have a good job) and by age 50 you will be left with debts and misery.Why? All these either wear out,depreciate or are only memories. Enjoy some,save some. Investing in gold,real estate,pension funds,insurance etc, in installments will give you good returns and a happy retirement. I have done the above and am all set.I have my last good car,i go places. Thank you.

Uncle Ven

because when you spend it, you acually have something more than a piece of paper with value.

tell me, am i glamorous?

You can save money by spending it WISELY. I think you missed the last word.That makes a difference. Just spending won't do it.Buy a new car every two years,take expensive holidays, buy new clothes every week,(even if you have a good job) and by age 50 you will be left with debts and misery.Why? All these either wear out,depreciate or are only memories. Enjoy some,save some. Investing in gold,real estate,pension funds,insurance etc, in installments will give you good returns and a happy retirement. I have done the above and am all set.I have my last good car,i go places. Thank you.

Uncle Ven

because when you spend it, you acually have something more than a piece of paper with value.

tell me, am i glamorous?

Related Q & A:

Just Added Q & A:

Find solution

For every problem there is a solution! Proved by Solucija.

  • Got an issue and looking for advice?

  • Ask Solucija to search every corner of the Web for help.

  • Get workable solutions and helpful tips in a moment.

Just ask Solucija about an issue you face and immediately get a list of ready solutions, answers and tips from other Internet users. We always provide the most suitable and complete answer to your question at the top, along with a few good alternatives below.