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Two Old Lessons About Money You Should Pls Run Away From - Education (3) - Nairaland

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Re: Two Old Lessons About Money You Should Pls Run Away From by uprof(m): 4:58pm On Feb 24
facenglish:


how does inflation affect my savings, tell me
you buy goods with inflated money. So your purchasing power is eroded
Re: Two Old Lessons About Money You Should Pls Run Away From by facenglish: 6:41am On Feb 25
uprof:
you buy goods with inflated money. So your purchasing power is eroded


i don't understand, how does my purchasing power erode
Re: Two Old Lessons About Money You Should Pls Run Away From by Distinct123: 3:40pm On Feb 25
uprof:
. You have your goods but you are paying with inflated amount

everybody pays with inflated amount
Re: Two Old Lessons About Money You Should Pls Run Away From by uprof(m): 7:49pm On Feb 25
Distinct123:


everybody pays with inflated amount

Yes but employees are at the receiving end, you carries huge amount of budding
Re: Two Old Lessons About Money You Should Pls Run Away From by Distinct123: 8:16am On Feb 26
uprof:


Yes but employees are at the receiving end, you carries huge amount of budding

I can increase my salary, by asking for increments

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Re: Two Old Lessons About Money You Should Pls Run Away From by Distinct123: 12:36pm On Feb 27
I have lots of questions that has not been answer in this thread. can mr FAC provides answers to my questions
Re: Two Old Lessons About Money You Should Pls Run Away From by cutefy: 6:41pm On Feb 27
Let me try answer the big question; but from my own perspective.

When you drop your money in the bank, you end up losing the opportunity to turn those few zeros to several zeros. That money in the bank is worth more than a capital. A capital that you can put into a business in other to generate some profit.

So, those banks will eventually do business with your money and make serious profit. Yet, they wont give you any interest rather, they will deduct from your money.

Mind you, you don't need to wait until you get the billions to start your big business. Start small business with the little capital and after a while, your small biz will grow to give you the needed capital for the big biz. Anyways, that's if you take your small biz seriously...

That's just the financial Wisdom I've had many years back...
Re: Two Old Lessons About Money You Should Pls Run Away From by Distinct123: 6:54pm On Feb 27
cutefy:
Let me try answer the big question; but from my own perspective.

When you drop your money in the bank, you end up losing the opportunity to turn those few zeros to several zeros. That money in the bank is worth more than a capital. A capital that you can put into a business in other to generate some profit.

So, those banks will eventually do business with your money and make serious profit. Yet, they wont give you any interest Rather, they will deduct from your money.

Mind you, you don't need to wait until you get the billions To start your big business. Started to small business with the little capital and after a while, your small biz will grow to give you the needed capital for the big biz. Anyways, that's if you take your small biz seriously...

That's just the financially Wisdom I've had many years back...
Good will increase your wisdom ! great
Re: Two Old Lessons About Money You Should Pls Run Away From by facenglish: 8:47am On Feb 28
cutefy:
Let me try answer the big question; but from my own perspective.

When you drop your money in the bank, you end up losing the opportunity to turn those few zeros to several zeros. That money in the bank is worth more than a capital. A capital that you can put into a business in other to generate some profit.

So, those banks will eventually do business with your money and make serious profit. Yet, they wont give you any interest rather, they will deduct from your money.

Mind you, you don't need to wait until you get the billions to start your big business. Start small business with the little capital and after a while, your small biz will grow to give you the needed capital for the big biz. Anyways, that's if you take your small biz seriously...

That's just the financial Wisdom I've had many years back...
fantastic
Re: Two Old Lessons About Money You Should Pls Run Away From by Distinct123: 8:54am On Feb 28
can mr FAC answer my questions
Re: Two Old Lessons About Money You Should Pls Run Away From by Success4a(m): 9:49am On Feb 28
What a great content! I really found it interesting
Re: Two Old Lessons About Money You Should Pls Run Away From by Distinct123: 11:15am On Feb 28
Distinct123:
can mr FAC answer my questions
yes I can
Re: Two Old Lessons About Money You Should Pls Run Away From by facenglish: 4:17pm On Feb 28
Distinct123:

yes I can
mr distinct I'm ready to answer your questions
Re: Two Old Lessons About Money You Should Pls Run Away From by Distinct123: 6:59pm On Feb 28
facenglish:
mr distinct I'm ready to answer your questions

good! why shouldn't we look for high paying jobs after learning so hard in school
Re: Two Old Lessons About Money You Should Pls Run Away From by facenglish: 3:01pm On Feb 29
Distinct123:


good! why shouldn't we look for high paying jobs after learning so hard in school
..the problem is school doesn't make. you see the two sides of a coin
Re: Two Old Lessons About Money You Should Pls Run Away From by Distinct123: 6:49am On Mar 01
facenglish:
..the problem is school doesn't make. you see the two sides of a coin
what are the two sides of a coin?
Re: Two Old Lessons About Money You Should Pls Run Away From by facenglish: 8:22am On Mar 02
Distinct123:
what are the two sides of a coin?

the two sides are job security and financial freedom
Re: Two Old Lessons About Money You Should Pls Run Away From by Distinct123: 6:40pm On Mar 02
facenglish:


the two sides are job security and financial freedom
what do you mean by job security and financial freedom
Re: Two Old Lessons About Money You Should Pls Run Away From by facenglish: 7:29am On Mar 03
Distinct123:
what do you mean by job security and financial freedom
should I start with job security
Re: Two Old Lessons About Money You Should Pls Run Away From by Distinct123: 7:16am On Mar 04
facenglish:
should I start with job security
tell me what you mean by jib security
Re: Two Old Lessons About Money You Should Pls Run Away From by facenglish: 7:41pm On Mar 04
Distinct123:
tell me what you mean by jib security
you are directly connected to job security, you work ,you get paid and vice versa
Re: Two Old Lessons About Money You Should Pls Run Away From by Distinct123: 7:44am On Mar 05
facenglish:
you are directly connected to job security, you work ,you get paid and vice versa
is there anything wrong with that
Re: Two Old Lessons About Money You Should Pls Run Away From by facenglish: 11:30am On Mar 05
Distinct123:
is there anything wrong with that
so many things are wrong
Re: Two Old Lessons About Money You Should Pls Run Away From by Distinct123: 3:57pm On Mar 05
facenglish:
so many things are wrong
what is wrong tell me!
Re: Two Old Lessons About Money You Should Pls Run Away From by facenglish: 7:33pm On Mar 05
Distinct123:
what is wrong tell me!
you work till the end of your life
Re: Two Old Lessons About Money You Should Pls Run Away From by Distinct123: 7:12am On Mar 06
facenglish:


you work till the end of your life
is not possible there is retirement now
Re: Two Old Lessons About Money You Should Pls Run Away From by facenglish: 6:23pm On Mar 06
Distinct123:
is not possible there is retirement now
but you have little or nothing to retire with
Re: Two Old Lessons About Money You Should Pls Run Away From by Distinct123: 8:05pm On Mar 06
facenglish:
but you have little or nothing to retire with
I don't agree with what u said
Re: Two Old Lessons About Money You Should Pls Run Away From by facenglish: 7:44am On Mar 07
Distinct123:
I don't agree with what u said
what am saying is this, you standard of living will drop when you retire and there is more likely that your income will he far lesser than expensive.
Re: Two Old Lessons About Money You Should Pls Run Away From by Distinct123: 8:11am On Mar 07
facenglish:
what am saying is this, you standard of living will drop when you retire and there is more likely that your income will he far lesser than expensive.
that one is true and there is nothing I can do about that
Re: Two Old Lessons About Money You Should Pls Run Away From by facenglish: 2:28pm On Mar 07
Distinct123:
that one is true and there is nothing I can do about that
you can go beyond that it is because of education
Re: Two Old Lessons About Money You Should Pls Run Away From by Distinct123: 5:49pm On Mar 07
facenglish:
you can go beyond that it is because of education
what is wrong with our education in the school

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