@coachjv_: Your savings account might feel safe, but over time, inflation can quietly reduce your money’s purchasing power. While having an emergency fund is important, relying only on cash may not be the best strategy for building long-term wealth. The key is understanding the difference between saving for security and investing for growth. Make your money work for you, not just sit on the sidelines.
Yes,saving can make you poorer in some situations, but not because saving itself is bad. It’s because of where and how you save your money. That said, saving is still essential. Everyone should generally have an emergency fund often enough to cover several months of essential expenses kept in a safe, easily accessible account. The goal is not to avoid saving, but to avoid keeping all your long-term wealth in cash So the idea that “saving makes you poor” is an oversimplification. A more accurate statement is keeping all your money in low-return savings for the long term can make you poorer in real purchasing power because of inflation
2026-07-08 00:30:12
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Tyler 🧑🏽💻 :
100% correct
2026-07-08 00:29:35
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Gavini Thompson :
@makerackswithgrace You have shown what leadership is really about: service and purposes. Thank you for being a blessing to humanity and helping men and women fulfill their purpose. ❤️🌸🔥
2026-07-08 00:44:04
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Gavini Thompson :
@makerackswithgrace I'm so thankful for your guidance.
2026-07-08 00:44:32
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Gavini Thompson :
@makerackswithgrace Thank you for keeping your word.
2026-07-08 00:45:01
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Gavini Thompson :
If everyone can be so kind like you @ ❤️🩹🤑🤑@makerackswithgrace
2026-07-08 00:43:42
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Gavini Thompson :
Thank you for being so generous thoughtful and so true. And thank you most of all for just being you 🥹🫂❤️@makerackswithgrace
2026-07-08 00:43:17
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