TheRhaven on Nostr: Say you had $10K buried in your back yard for the last 5 years. That same $10K can ...
Say you had $10K buried in your back yard for the last 5 years. That same $10K can only buy you $8,180.89 worth of goods now. (due to price increases) Which is weird considering you "saved" it why does it have less purchasing power over time?
Isnt the point of saving to be able to purchase more in the future?? You want to save for a house and your saving 30% of your 65K income for almost 20K a year. But houses are rising at say 50K-60K a year. how are you supposed to keep up?
Whats the point of saving if you never get ahead? Without savings growing we can have no investment with no investment nothing new can be created and we just stagnate.
Isnt the point of saving to be able to purchase more in the future?? You want to save for a house and your saving 30% of your 65K income for almost 20K a year. But houses are rising at say 50K-60K a year. how are you supposed to keep up?
Whats the point of saving if you never get ahead? Without savings growing we can have no investment with no investment nothing new can be created and we just stagnate.