I do not understand why people focus only on saving instead of investing. Investments are capable of giving us high returns but expecting profits from savings is absolutely foolish.
No one expects anyone to earn profits from savings but people used to think that when you have enough savings, you will have enough money to buy a house, a car and other thing you'd want and in a way they are correct. Saving is as important as investing, imo.
But people should really look at the bigger picture. Investing will not just make you be able to afford things but can actually make you richer than you have ever thought of.
Again depending on the country and the economic condition of the country the value of money from savings decreases a lot but if the economic condition is stable even if the value of money does not decrease no money production or growth is possible from money.
I don't think any country is safe from inflation, but some countries have indeed low percentage of inflation due to a relatively stable economy.
It is too late to save to buy a house or car or other necessities or luxuries. Because savings is what is left from income minus expenses, but if one wants to buy a house or a car or luxury goods in a relatively short period of time then one must focus on investing. But it is also very important to save which helps us to face future unexpected situations. So my theme is to save at least a part of what is left after deducting the expenses from the income and use the rest for investments that will help us meet all our needs.