been a long time since I’ve put out a post.
I’m writing this for my kids.
Saving will not cut it.
After graduating college and getting my first job I thought I was in the money. I worked multiple jobs to get through college debt free. And now finally had some money. Time to build the savings account.
My plan. No subscriptions. No fancy meals. Just watch my savings account grow. Luckily my dad thought me that saving and investing are different.
You have to invest. Savings accounts just let your money be worth less and less each year.
I’m shocked that more do not know this. I just spoke with a co worker who has his whole savings (his whole life’s savings) in a low interest savings account. Not even a high interest one. Poor guy.
Well we gained up on him and he is going to invest some of his money.
Go invest some money if you have it.
