How To Protect Your Money

Table of contents:

How To Protect Your Money
How To Protect Your Money

Video: How To Protect Your Money

Video: How To Protect Your Money
Video: 5 Ways To Protect Your Money 2024, November
Anonim

No one is safe from losing their savings. Constant inflation eats up stocks, interest on deposits does not cover losses. And not every bank can now invest the money earned. Some troubles always happen, then a crisis suddenly hit, then an unforeseen situation caught by surprise and had to shell out a solid amount. People are constantly being frightened by fraud with bank plastic cards. As a result, you have to live with the fear that money may be lost.

How to protect your money
How to protect your money

It is necessary

Money in national currency, gold, bank

Instructions

Step 1

Many people think all the time about how best to dispose of their savings, as time passes and money depreciates. It is not customary for us to store funds in national currency; they are usually transferred to dollars or euros. And rightly so, the currency is steadily increasing in value. But she lies idle, she is not used, and she does not generate income. Why not buy a property then? Let it be a small apartment in a good area, it can always be rented out. You can put money on a deposit in a bank that has won trust with its stability. After all, now there are funds to guarantee deposits, so even if something happens to the bank, the money will not go anywhere. The fund will return the savings in any case.

Step 2

In recent years, the price of gold has been constantly rising, but its growth is outstripping the inflation rate. However, gold can always be converted into cash. For bank customers, it is available in coins and bullion. Bars are usually of a higher purity, but coins are easier to sell. Every year the price of gold rises by about 40%, so it is more profitable to invest your savings in buying it than in foreign currency.

Step 3

Everyone gets their wages, social benefits and pensions using bank cards, most of them use Internet banking. Banks are scared about possible fraudulent transactions, there are rumors that money is disappearing from accounts. Basically, all of this data is heavily embellished. Money cannot disappear anywhere if the card is in the wallet, the PIN numbers are in the head, and the card is tied to a mobile phone number. Even the bank does not know the PIN-code; every transaction is confirmed with the help of a mobile phone. Money can be lost only because of a careless attitude to the storage and use of a plastic card. You shouldn't tell anyone her number and PIN-code, you can't give passwords for Internet banking.

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