RE: Why Saving is STUPID and Debt Can Be a Good Thing!

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Why Saving is STUPID and Debt Can Be a Good Thing!

in money •  8 years ago 

Keeping money is the bank is a terrible idea... I do advocate saving hard assets, food, water, and maybe cash on hand. Minimize cash assets in the bank if possible.

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Agreed having any money in the bank other than what is needed to pay bills for the month is nuts, when a run on the banks occurs all the money in your bank is effectively locked away, you have to live on what you have at hand.