The traditional norms made us believe that savings are a safe option to store your wealth.
But is it true now?
With inflation, we all know that the prices of the wealth we have kept in our savings account will decrease. What is the use of saving when ultimately we are not even able to enjoy what we have been saving for years?
The smarter option?
Investment! Investment is not gambling if done rightly. Very often we see people not putting too much effort into learning and jumping into FOMO. They dont have enough guidance that will help them to invest better.
It makes no sense to just keep your money in a piggy bank, you can at least just place funds in bonds that carry minimal risk, it will be the same accumulation, but more efficient than just keeping this money at home. So choose a conservative investment in assets with good protection against collapse.
Yes, we should take risk in learning how to maximize our fund/money, investing in crypto, stock market, doing trading or forex trading are good just depends on you how you are going to maximize it, what's important is you are doing something that you can earn even if you are sleeping, as that's the secret of millionaires, they are taking risk until one day that they are earning a lot although they are sleeping.