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re: The Percentage of Americans With Less Than $1,000 in Savings Is Shocking

Posted on 12/20/19 at 8:44 am to
Posted by oliveandblue
Member since Nov 2014
1673 posts
Posted on 12/20/19 at 8:44 am to
I intentionally hold no money in checking. The savings money goes into vehicles that passively earn money. Money that isn't converted into goods/services or accruing interest is essentially being destroyed by inflation.
Posted by nola000
Lacombe, LA
Member since Dec 2014
13139 posts
Posted on 12/20/19 at 3:58 pm to
quote:

I intentionally hold no money in checking. The savings money goes into vehicles that passively earn money. Money that isn't converted into goods/services or accruing interest is essentially being destroyed by inflation.



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