Q: A $10 note would still be $10 in 10 years from now. Value is still the same?? A: NO - over 10 years the value of your $10 note has gone down. Q: Wait, my $10 note is as good as a new $10 note so how come its value is lower?? Confused?? - Read the article and decide for yourself!
(Time value of Money - TVM-1) PC - Shuttershock “A bird in hand is better than two in bush”, someone would say this. It seems to be a very simple question with an easy answer. It’s an adage which tells us that its risky to depend on something that’s not in your hands already. What… Continue reading Why a dollar today is worth more than a dollar in a year?
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You don't need to be a CA, CS or money expert to plan your own money. Through this series of articles you can understand financial planning in easy layman terms.
We need to move from Saving to Investing as that would help us enjoy our present without sacrificing future needs!