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.