Post
Topic
Board Economics
Re: Lessons learned after striving to save money at the age of 30.
by
adaseb
on 01/07/2024, 17:40:42 UTC
For the past decade, saving money would get you nowhere. It might change now as long as interest rates stay where they are at but if you started savings by putting little by little of your extra funds In a savings account, most of that money would of evaporated due to inflation.

This is why most wealthy people aren’t affected by inflation because they own assets like stocks, real estate, gold, bitcoin, etc.