Banks Won't Make You Rich

[Lagrood]

Yep, it is true and I can say you even more. A bank will able to be bankrupted and you can lose you money at all. I know a lot of situations. 

[Roboabhishek]

This is my opinion.Banks won't make you rich.saving in bank can never do that,because of interest rate that bank gives you is too tiny.You saving will be simply be eaten up by the sleepy monster called inflation. As a example I will take ,When I'm in grade school,each day I received 10Rs (my country currency) from my mother.It was enough to by me 2 meals,but in now 10Rs enough to buy 2 candies.   Banks are just for keep your money safe! 

I'll try to answer this question seriously without spreading any bs, I am glad you have understood that how fast things are changing and how expensive things are getting every year.
The bank is providing around 4-6% annual interest on a savings account if I'm not wrong and makes 12-20% of it annually by giving that amount as loans to different individuals. Suppose you find someone who needs a loan and giving him/her the loan after taking something as collateral as the bank does then you'll be making the money that bank does.

But people don't want to work they want everything to be served to them, which could happen in the rare case.

[BitcoinMarketer39]

This is my opinion.Banks won't make you rich.saving in bank can never do that,because of interest rate that bank gives you is too tiny.You saving will be simply be eaten up by the sleepy monster called inflation. As a example I will take ,When I'm in grade school,each day I received 10Rs (my country currency) from my mother.It was enough to by me 2 meals,but in now 10Rs enough to buy 2 candies.   Banks are just for keep your money safe! 

Banks wont really make you rich because the growth of your money while it was being placed on bank is not growing so fast and the scale of increase is very low as well so i highly prefer to place money on cryptocurrency as well because i get more profit from the market.

[Chrisjay29]

I agree saving your money in a bank cant make you rivh not like bitcoin. If you save your money in bitcoin it will 100% grow. Because bitcoin has great demand on there price and many people has been because of bitcoin.

[baundul]

You have presented very important things. Banks earn profit from us but does not give us profits. Banks are one of the mediums to save money. It is not possible to do anything extra from the bank money. The bank gives us a little profit in terms of interest and taxes. For anything extra, we should emphasise Bitcoin. Bitcoin gives us many things, which can not afford a bank or job.

Banks are just for keep your money safe!

Bitcoin also secure If we do not misunderstand it with the hackers/ spammers/virus attackers.

[kenelmark]

This is my opinion.Banks won't make you rich.saving in bank can never do that,because of interest rate that bank gives you is too tiny.You saving will be simply be eaten up by the sleepy monster called inflation. As a example I will take ,When I'm in grade school,each day I received 10Rs (my country currency) from my mother.It was enough to by me 2 meals,but in now 10Rs enough to buy 2 candies.   Banks are just for keep your money safe! 

because banks are the business that owned by other people. if you want to be rich, you need to own your own business. investment is a passive business that can be done by every people. you can invest in crypto easily to become rich. you just need to learn how to invest wisely in crypto. that is how to make yourself rich. not banks way.

[Gregamon]

How trust funds work. I guess it's better to leave money there than in the banks.
Anyone has experience with trust fund?

[dharnamonitor]

It is obvious that banks will never make us rich since it is just a bank, and their reason of existence is to take care of the money being deposited on them. Banks do not makes any promises making you rich but taking good care of your money in their hands.

That's why we need to explore different things in order for us to decide how do we really used our own money to make it grow instead of being held in the bank for too many years. There are different ways to become rich we should just have to take the risk and don't be afraid to do something new.

[karanggatak]

Yes it is very true, just most people do not believe that the bank is only using our money to make them richer and besides that if we start to follow the credit system they offer therein we have stuck in their guile, so far I am most anti with the name of the credit offered by banks, because of where banks are making our loss by offering installment loans are unreasonable.

[Zabrielle]

I think the bank is not supposed to make you rich but it will help you in a loan for a money to start a business. The bank also keep your money safe so bank is not the one will make you rich.

[weblouartisan]

This is my opinion.Banks won't make you rich.saving in bank can never do that,because of interest rate that bank gives you is too tiny.You saving will be simply be eaten up by the sleepy monster called inflation. As a example I will take ,When I'm in grade school,each day I received 10Rs (my country currency) from my mother.It was enough to by me 2 meals,but in now 10Rs enough to buy 2 candies.   Banks are just for keep your money safe! 

I agree to that, banks today has a very small amount of increase yearly if you place your money on their company and they tend to hold your cash because that is the policy so you cannot withdraw money if there's an emergency.

[Vinz1978]

This is my opinion.Banks won't make you rich.saving in bank can never do that,because of interest rate that bank gives you is too tiny.You saving will be simply be eaten up by the sleepy monster called inflation. As a example I will take ,When I'm in grade school,each day I received 10Rs (my country currency) from my mother.It was enough to by me 2 meals,but in now 10Rs enough to buy 2 candies.   Banks are just for keep your money safe! 

Banks are not for investment. Its purpose is to secure your money. Only the bank owners will get rich and benefit from our savings. So if you want to get rich,  do not put your money in bank. Put it in other basket such as stocks,  business and here in bitcoin. There is a bigger chance to earn bigger profit and eventually become a millionaire.

[Lexurdania]

Interest that bank offer always lower than inflation and its decreasing our money in the real value. Better investing our money on other investment instrumen that can give gain higher than inflation.
Central bank can not control the money supply and that trigger higher inflation.

[rainezerr401]

This is my opinion.Banks won't make you rich.saving in bank can never do that,because of interest rate that bank gives you is too tiny.You saving will be simply be eaten up by the sleepy monster called inflation. As a example I will take ,When I'm in grade school,each day I received 10Rs (my country currency) from my mother.It was enough to by me 2 meals,but in now 10Rs enough to buy 2 candies.   Banks are just for keep your money safe! 

Banks is not giving you a huge amount of profit and always remember that the funds of government are coming from you as well so it only means that it was normal for banks to have a very low increase from your time deposit.

[Bitfling]

This is my opinion.Banks won't make you rich.saving in bank can never do that,because of interest rate that bank gives you is too tiny.You saving will be simply be eaten up by the sleepy monster called inflation. As a example I will take ,When I'm in grade school,each day I received 10Rs (my country currency) from my mother.It was enough to by me 2 meals,but in now 10Rs enough to buy 2 candies.   Banks are just for keep your money safe! 

Banks is not giving you a huge amount of profit and always remember that the funds of government are coming from you as well so it only means that it was normal for banks to have a very low increase from your time deposit.

Bank is good for saving our money but not for make us rich. If we want to be rich, better invest our money on others and right now many investment instrument we can follow.
Interest in bank eaten by inflation and we should invest on something that can give us profits above the inflation rate

[posi]

This is my opinion.Banks won't make you rich.saving in bank can never do that,because of interest rate that bank gives you is too tiny.You saving will be simply be eaten up by the sleepy monster called inflation. As a example I will take ,When I'm in grade school,each day I received 10Rs (my country currency) from my mother.It was enough to by me 2 meals,but in now 10Rs enough to buy 2 candies.   Banks are just for keep your money safe! 

Banks are not for investment. Its purpose is to secure your money. Only the bank owners will get rich and benefit from our savings. So if you want to get rich,  do not put your money in bank. Put it in other basket such as stocks,  business and here in bitcoin. There is a bigger chance to earn bigger profit and eventually become a millionaire.

In my opinion  bank is for saving and investing fund because they used the money for business purpose and they also borrow some big company loan from their customers saving. However, there are some certain account which was meant for investing.

[sharm2121]

This is my opinion.Banks won't make you rich.saving in bank can never do that,because of interest rate that bank gives you is too tiny.You saving will be simply be eaten up by the sleepy monster called inflation. As a example I will take ,When I'm in grade school,each day I received 10Rs (my country currency) from my mother.It was enough to by me 2 meals,but in now 10Rs enough to buy 2 candies.   Banks are just for keep your money safe! 

You said it right my friend. Because banks is not made for investing, it made for safety of your money. So if you want to be rich then work hard, and if you have money to invest, then invest it business or in bitcoin so that your money will not sleep, and need to grow them more.

[yunaasakaa]

yeah kinda true, bank is just a saving money services. for them to make us rich is kinda will not happening. it is better to do some investment than just sitting your money in bank.

[rhomzkie26]

This is my opinion.Banks won't make you rich.saving in bank can never do that,because of interest rate that bank gives you is too tiny.You saving will be simply be eaten up by the sleepy monster called inflation. As a example I will take ,When I'm in grade school,each day I received 10Rs (my country currency) from my mother.It was enough to by me 2 meals,but in now 10Rs enough to buy 2 candies.   Banks are just for keep your money safe! 

In my whole life I've never seen any bank clients testify that they became rich because of putting their money into any bank. Bank company is just keeping your money to store it to their bank then will give profit to your savings with a cheap interest only Which I cannot consider its profit.
Therefore, I agreed on you just said mate. 

[omar bakrie]

This is my opinion.Banks won't make you rich.saving in the bank can never do that, because of interest rate that bank gives you is too tiny.You saving will be simply be eaten up by the sleepy monster called inflation. As an example, I will take, When I'm in grade school, each day I received 10Rs (my country currency) from my mother.It was enough to buy me 2 meals but in now 10Rs enough to buy 2 candies.   Banks are just for keeping your money safe! 

That's right you say. Banks will not make us rich. Even when we save in bank only the security we get, the profit we get is very small and not too much effect on our savings. Right now I rarely keep my money in the Bank, I trust to keep my money somewhere that I think is safer.