People these days, at least those I associate with, seem to hate saving money. It is all about "investing". The problem is, all these people "invest", "invest" and "invest", but have no savings.
Let us begin with discussing why someone should save money? The only reason I can come up with is: to recieve passive interest income that secures your private economy. That's all.
Second, why should someone invest or even speculate? The only reason I can see is in order to get capital gains and use that capital gain to put in a savings account. That's all. You make more money and then put that money into a savings account that is secure and reliable.
The thing is: You make deals in order to then live of the interest of that same money. The easiest and best place (I am biased as you may understand) to place that money is in a savings account that beats inflation every year and then pay you cashflow that you then can use to pay your living expenses with.
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