Quote from: uneng on January 18, 2024, 01:24:35 AM

Moral of the story: don't save money for more than one month. As soon as you accumulated some amount of fiat, put it into an investment and make it generate passive income for you, although you should avoid banking investments, since they usually pay below the inflation. Go for Bitcoin and assets when there isn't enough money to invest in something bigger. There is no assurance you will defeat the evil rigged system which smash common citizens, but at least you will be trying to overcome it...

I agree with your conclusion, saving in any fiat is wrong, in the long run it will lose value. But luckly, investing was never easier... I guess we can thank the internet for that, everything is available and easy accessible. It's hard to beat the system and make a break trough, but I think that crypto is/can be a game changer for many of us. Unlike some other investments it doesn't require a middleman, we can do everything ourselves.

I started learning about these things late, but financial education is very important. People should start learning about this from the early ages.