RE: Why Saving Money is a Bad Idea and What We Can Do About It.

[chinito]

😉😊🤔 from the list, i would definitely say HBD is the best overall, but why not diversify and have all those running at once?

i agree that saving is NOT very good in terms of growing or even perserving money, but when I NEED cash to pay for an emergency.. I am sure glad to have some kind of fund for that, either in hand (cash), or in a convenient/safish option. (bank)

If u have a biz, invest, have savings, and other income sources.. then when 1 will always tank or not do so good, there are the other ones to make up for it.. :)

Comments

[thecuriousfool]

I agree with you on diversifying our portfolio - having one or more business while investing at the same time. And of course, it is also important to keep a sufficient amount of cash easily accessible in case of emergency - this is where traditional banking comes into the equation.

Thank you for reading and imparting your valuable comment. I appreciate it very much. 😊

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[chinito]

💪😉🤛