Re: The cons of saving money
>>There could be a financial collapse, and your paper wealth would become worthless<<
Although paper assets may be worthless, a person who has been savings and leading a financially prudent life will have less bills and hopefully a paid in full home. Even if we experienced a financial collapse, the credit card companies and mortgage companies will still be coming after you. How much nicer when everyone is wringing their hands in despair that you will at least not be thrown out of your home.
Gail
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