To cut the story short, I’m advising mostly the young people of our generation to save, avoid unnecessary spendings and save even if it’s so little, cause you might find yourself in a situation tomorrow and you wouldn’t want to call home or ask for help, cause you have a second choice, that means you are literally getting yourself out of a problem. So please it’s not too late to stop spending on things that doesn’t really matter, so basically the money you saved today could literally save you tomorrow.
OP you are making a clear point, saving helps and also takes care of emergencies, and other situations that might arise.
But, I strongly believe the tomorrow you are talking about, savings won't help that time. Simply because saving fait currency for long is waste of time(just lying in bank,depreciating everyday).
A quick example is the current economic situation in countries today,just imagine those that have there save,how do they feel now, the money can't yield there needs,only inflation eats up part of the money.
In a clear time I think what would have been the best advice for youth should be them understanding money management and investing for tomorrow not saving for tomorrow.
So as to secure the tomorrow as a financially Independent person with freedom.