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The longer you deposit money with a bank, the lower in money value

Many people may think that the most stable way to deposit money is to deposit with banks, right? Not only safe but also gets the deposit interest each year. However, if we take a look at the current economic situation which has the increasing inflation rate that is right now far more than the interest from depositing. Thus, depositing money only with the banks may not be the best idea.

12 Truths about Finance and Life that are often ignored

Some knowledge and education are not limited to classrooms only, and some life experiences have never been taught in classrooms either. This time, ACU PAY brought an article from Morgan Housel, the author of “The Psychology of Money.” for you. Housel noticed and came up with ideas from business and investment that no one else had taught us in school unless we learned to experience it ourselves.