I've not heard anyone advise others to save for about 17 years.
People's grandparents used to do I think.
But mine have all been dead since about that time.
Last time I recall seeing interest rates above 5% was around the turn of the century, so it’s understandable why nobody saves in a savings account anymore. I wouldn’t be mad at savers for taking advantage of 5% interest now, but it probably isn’t going to stay that way for too much longer. Still, in 2008 I would have loved to have been all cash and that was with low rates.