Millionaire to Millennials: Stop Buying Avocado Toast If You Want to Buy a Home

[VGPolyglot]

Nymeria said:

Chrizum said:
What good is having money when you don't spend it?

1. Unexpected expenses could ruin you without savings.

2. Financial planning allows you greater options through life and especially for retirement.

3. Money makes money.  Saving and investing are the equivalent of having a second job you don't have to work at, but get the money.

We live in a consumer-based economy though. If everyone started saving their money we'd go into a recession.