• Is Saving a Scam?

  • Dec 24 2024
  • Length: 18 mins
  • Podcast

  • Summary

  • Rob talks to Kane about whether saving accounts are a scam and the wider questions about bank accounts and savings. Rob gives the negatives to saving in today’s economic climate and gives alternative ways to make your money work for you.

    KEY TAKEAWAYS

    • Saving money loses your money but many people don’t realise this because it happens slowly.
    • Historically you get less in interest than inflation which means saving always loses money in the long term.
    • Rule number one in making money is beating inflation.
    • The banks are some of the best marketers in the world!

    BEST MOMENTS

    "Is savings a scam?”

    “Savers are losers”

    “You have to beat inflation”

    "Cash is the lowest form of investment"

    VALUABLE RESOURCES

    https://robmoore.com/

    bit.ly/Robsupporter

    https://robmoore.com/podbooks

    rob.team

    ABOUT THE HOST

    Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur”

    “If you don't risk anything, you risk everything”

    CONTACT METHOD

    Rob’s official website: https://robmoore.com/

    Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs

    LinkedIn: https://uk.linkedin.com/in/robmoore1979

    See omnystudio.com/listener for privacy information.

    Show More Show Less
activate_Holiday_promo_in_buybox_DT_T2

What listeners say about Is Saving a Scam?

Average customer ratings

Reviews - Please select the tabs below to change the source of reviews.