Having considered what inflation does to the value of money, I think it’s still worth it to have a reasonable amount of money in savings. If one wants to save money for a long period of time, there are accounts(fixed deposits account)opened for just that purpose. That way, you won’t feel the brunt of inflation that much.

It’s also real nice to have an investment as if managed properly, it could turn out very profitable but you should note that investments ordinarily take quite a long time before it starts to constantly yield positive results if any.
Sadly, not everyone has the means to have an investment as there are a lot of people who struggle to save. If it’s difficult to save, how then could they squeeze out money to invest?