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.
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