Poor dad saves in a bank account from "summary" of Rich Dad Poor Dad by Robert T Kiyosaki
The concept of saving money in a bank account is a common practice for many people. Poor dad believed in the security of having money stored in a bank, where it could earn a small amount of interest over time. He thought that by saving money in a bank account, he was being responsible and ensuring that he would have enough for the future. However, what poor dad did not realize was that the interest earned on savings in a bank account is often minimal, and may not be enough to keep up with inflation. This means that the purchasing power of his money wou...
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