Savings are very important for a piece of mind and financial stability. The issue occurs when you are trying to save money in a currency that is overinflating too fast. Nowadays we have too many examples of countries that have currencies that month over month are coming closer to being worthless.
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yes you’re totally right with your opinion and some countries like my country is now having lot of issues which you just find your savings worthless for living because of the inflation on the economy