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❓ASK What do you think of the wealth that is hoarded and not used?

iamawriter

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We all need money to be live a comfortable life and also to give something in charity But there are some who only hoard and aspire to be in the list of the richest in the world. Even temples, mosques and churches could be mentioned as those that hoard but do not spend. Take for example the Tirupathi Temple Reports have it that it is worth Rs. 2.5 lakh crores.

If money gets circulated it will help the economy but sadly it just gets hoarded. According to CNBC 2473 billionaires the world have money worth US $ 1.17 trillion in cash which is hoarded and that amounts to around 22% of their worth Whatis the point of keeping money which is worth in stones if not used Soceity norms have it that they are kept on a pedestal depending on how rich a person is And there lies the trouble Philanthropy should be lauded and not money hoarded.

What's your take on this. Are you a hoarder?.
 

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