The Biggest Lesson: You Don’t Need a Reason to Save

Some people save money for a down payment on a house, a new car, or retirement. That’s great, of course. But saving does not require a goal of purchasing something specific.

You can save just for saving’s sake. And indeed you should. Everyone should.

Only saving for a specific goal makes sense in a predictable world. But ours isn’t.

Saving is a hedge against life’s inevitable ability to surprise the hell out of you at the worst possible moment.

The biggest economic stories of the last two years were a pandemic no one saw coming.

It always works like that. The biggest risk is what you don’t see coming. The fact that you’re not prepared for it is what makes it so risky.