In today's time, if someone is asked what he wants with the help of which he can do everything? Then probably everyone's answer would be money. Actually, if you want your livelihood to continue, you do not have to think before buying anything and you do not have financial problems in future etc. In such a situation, it becomes necessary for you to have money. But do you know or have you ever thought that what will be the value of one crore rupees between 10 to 30 years? Probably not, but you should know about this because the answer to this may surprise or even bother you. So let's know about this. You can know about it in detail in the next slides...
Actually, first of all you have to understand that as inflation increases, the value of money goes on decreasing. Even though you have a good amount of money today, its value will decrease drastically in the coming years. This has happened not only today but earlier also.
Even if you have one crore rupees today or whatever money you have saved and you think that this money is enough, then know here that this money may not be sufficient to meet future financial needs and all this can happen due to inflation which reduces the value of money.
How much will be the value of 1 crore rupees?
You can understand this from the inflation rate. For example, if the inflation rate of 6 percent is considered even after 10 years, then the value of 1 crore rupees will decrease which will remain 55 lakh 84 thousand rupees.
With the same inflation rate, the value of 1 crore rupees will decrease after 20 years and it will be 31 lakh 18 thousand rupees.
Let's also talk about 30 years later. In this also, if the inflation rate of 6 percent is considered, then after 30 years the value of 1 crore rupees will fall considerably. In such a situation, this price will reduce to a total of Rs 17.41 lakh.
(PC: ISTOCK)
