Last month we discussed on the importance of saving money. Learning to save money is the first step in ensuring a healthy financial sheet in the longer run of life. Once we start saving, as the money accumulates, investing it becomes the next priority.
American Investor and business man Robert Kiyosaki says, "It's not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for."
It’s important for us to make our money work for us. I remember reading the story of the twins Ramu and Shamu from a children’s magazine ‘Tinkle’ about how they had gone to the bank and saw a notice where in it said, “Watch your money grow.” Ramu and Shamu stare at the money for nearly as long as ten minutes and run back to their mother crying out, “Mom, this bank is a fake!” The manager of the bank gets startled and asks the children why they thought so. Ramu replies, “We have been watching the money closely and we haven’t seen the money grow.” The manager laughs and replies to the mother, “You will have to explain to them how it grows.”
