A wise cowboy once said.

925557

{"text":"The time to save is now. When a dog gets a bone, he doesn't go out and make a down payment on a bigger bone. He buries the one he's got.\n\nWill Rogers\n\n\n","videos":"[]","link":"{}","pics":"[]","canComment":true,"externalShare":false}

789843

{"replyTo":"","text":"While I do have money in a savings account, I prefer investing in things like stocks, property, or my rig. Bonds are another option. Long gone are the days where you might see a nice return in your savings account. These days, banks don't pay sh!t. It's also important to note that inflation is likely to rise due to all the federal spending and talks of raising the minimum wage. Inflation is a tax on your savings. Invest wisely.","replyToPid":0}

1043685

{"replyTo":"","text":"I believe in spending .. you could die 10 minutes from now what good is that savings then? 😆 ","replyToPid":0}

925557

{"replyTo":"

1043685 发表于 2021-01-22 19:34:35 I believe in spending .. you could die 10 minutes from now what good is that savings then? 😆

","text":"I agree, but we spend within our means. In my youth I spent it as fast as I made it, but have learned it is far better to save for that proverbial rainy day. I am 56, and keep working because I want to, not because I have to.","replyToPid":414528}

925557

{"replyTo":"

789843 发表于 2021-01-22 20:21:51 While I do have money in a savings account, I prefer investing in things like stocks, property, or my rig. Bonds are another option. Long gone are the days where you might see a nice return in your savings account. These days, banks don't pay sh!t. It's also important to note that inflation is likely to rise due to all the federal spending and talks of raising the minimum wage. Inflation is a tax on your savings. Invest wisely.

","text":"I agree, it is best to be diversified in our savings, and investments. I have a few savings accounts, one for truck maintenance, a vacation fund, an emergency fund which covers a year of living expenses.  The rest goes into stocks, bonds, and precious metals. You are correct in saying deficit spending is a tax on our income, and savings.","replyToPid":414533}