Saving money to start up an investment is a good plan, but Saving a reasonable amount of money without having any plan to do with is totally a big waste because after some time the money can lose value by 50% . It is better to start up a business that will yield double of the capital.  It was sometimes back when the rate of inflation was stable and not increasing within short time, then one can consider to save money if no plans on how to invest it. Because of the economy is fragile it is important to invest money so that as inflation takes place money won't lose value.