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Old 11-11-2005, 08:03 AM
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jmjj215 jmjj215 is offline
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Default Re: The cons of saving money

Quote:
Originally Posted by Sweepsplayer
Even in a more realistic situation where inflation is very high compared to the savings rate, you're actually better off spending your money right away than saving it because the money is losing value.
I think the truthfulness of that depends on the item you're buying. Fast Food? Nope. That "depreciates" rather quickly A car, now you're talking - maybe.
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