When it comes to earning money you must calculate your monthly expenses and year APR accordingly, you must know how much APR profit can help me run my expenses and how much it could help with inflations.
There are investors which are happy with bank APR profits but they don't know that they are totally at loss from their capital because of inflation.
Inflation is the nowadays at its peak and you may have noticed that banks are offering higher interest rates to their customers.
In such an inflationary time it is very must to keep in mind that earning right APR is necessary to safe your capital.
The purpose of this post is to spread awareness to all those investors who are just happy with smaller APR profits and they must know how much APR will be good enough to prevent their capital money at least.
The calculation of getting good APR is very simple. Every country have its own interest rate where they get by saving their amount in banks.
Let suppose in Pakistan, banks are offering around 21% APR. This clearly indicates that 21% APR earning is not sufficient to protect your capital.
You need to earn more then this APR to safe your money or to get good APR profit.
Similarly, in crypto market USDT is the base coin and its offering around 8-10% APR. Which indicates that we should earn more than 10% APR from crypto to protect our money from inflation.
This is the simple calculation for every of us depending on where we live and what business we are handling.
What do you people think about this method of calculation? Have you ever thought about this? Will be glad to see your answers in the comment section.
I hope you find this post useful and informative. If you do, please remember to reblog it so that it reaches as many people as possible and that they can benefit the most from it. Also, remember to upvote, which will help me financially and grow my account.
IMAGE TAKEN FROM CANVA
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