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<blockquote data-quote="inactive" data-source="post: 1330287" data-attributes="member: 7488">It may be semantics, but you really have to invest for a rainy day, rather than save, just to keep up with inflation.&nbsp; Meaning, you now need to actively manage how and where you keep your money to make the most of it.&nbsp; Of course, freeing yourself from the reigns of debt is the first step.Saving used to be simple and worthwhile.&nbsp; A savings account, Money Market, a few CDs, and you could easily build wealth for the future and your retirement.&nbsp;&nbsp; Not anymore! <img src="/images/smilies/frown.png"&nbsp; class="smilie" loading="lazy" alt=":(" title="Frown&nbsp; &nbsp; :(" data-shortname=":(" />And to you guys dogging Dave Ramsey -&nbsp; What he preaches is basically &quot;Finance for Stupid People&quot; and the majority of our society is stupid people!&nbsp; His advice it really good for the majority of people out there.&nbsp; But if you can use debt as a tool without shooting yourself in the foot (or rear, or head!) then it can pay off for you in the end.</blockquote>

[QUOTE="inactive, post: 1330287, member: 7488"] It may be semantics, but you really have to [B]invest[/B] for a rainy day, rather than [B]save[/B], just to keep up with inflation. Meaning, you now need to actively manage how and where you keep your money to make the most of it. Of course, freeing yourself from the reigns of debt is the first step. Saving used to be simple and worthwhile. A savings account, Money Market, a few CDs, and you could easily build wealth for the future and your retirement. Not anymore! :( And to you guys dogging Dave Ramsey - What he preaches is basically "Finance for Stupid People" and the majority of our society is stupid people! His advice it really good for the majority of people out there. But if you can use debt as a tool without shooting yourself in the foot (or rear, or head!) then it can pay off for you in the end. [/QUOTE]

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