Listen "If The Dollar Is Collapsing - Is It Worth Saving Money?"
Episode Synopsis
Welcome to another episode of the Building Your Money Machine Show! Today, I’m pulling back the curtain on one of the questions I get asked the most: If the dollar keeps losing value, is saving money even worth it anymore?With all the media chatter about inflation and the dollar weakening, it’s easy to feel like putting money in a savings account is about as useful as trying to fill a leaky bucket. Cash feels safe, but it seems like it’s just quietly melting away right under us. Should you bother to save at all—or is there a better way to protect your financial future?In this episode, I break down what’s really happening to the dollar, unravel the truth about inflation, and explain why saving alone will never build the wealth or the financial security you want. I talk about the real role of savings (and it’s not what most people think!), how to protect your emergency fund, and why owning assets is the only way to outpace inflation and achieve financial freedom.IN TODAY’S EPISODE, I DISCUSS:Why cash and savings accounts aren’t investmentsThe effects of long-term inflationHow to calculate how much emergency savings is enoughThe difference between protecting your wealth and actually building wealthWhich investments historically beat inflationHow to “bucket” your money for short-, mid-, and long-term needsThe step-by-step plan to balance safety and growthThe single action step to take within the next 48 hours to move your financial future forwardRECOMMENDED EPISODES FOR YOUIf you liked this episode, click here to enjoy these and more:https://melabraham.com/show/7 Smart Habits of Quiet Millionaires7 Reasons Why The Wealthy NEVER Trade Time For MoneyThe Truth About Net Worth: Are You Rich or Poor?The Financial Industry's Biggest Lie About Compound Interest1970s Money Habits Not Taught Today... That We Need in 2025RECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:7 Smart Habits of Quiet Millionaires: https://youtu.be/aeTEvvI_H407 Reasons Why The Wealthy NEVER Trade Time For Money: https://youtu.be/Jg_8jupAGkQThe Truth About Net Worth: Are You Rich or Poor?: https://youtu.be/vxaW2JGnRZAThe Financial Industry's Biggest Lie About Compound Interest: https://youtu.be/SiDU-1wVWTAORDER MY NEW USA TODAY BESTSELLING BOOK:Building Your Money Machine: How to Get Your Money to Work Harder For You Than You Did For It!The key to building the life you desire and deserve is to build your Money Machine—a powerful system designed to generate income that’s no longer tied to your work or efforts. This step-by-step guide goes beyond the general idea of personal finance and wealth creation and reveals the holistic approach to transforming your relationship with money to allow you to enjoy financial freedom and peace of mind.Part money philosophy, part money mindset, part strategy, and part tactical action, these powerful frameworks will show you how to build your money machine.When you do you’ll also get over $1100 in wealth resources & bonuses for FREE! TAKE THE FINANCIAL FREEDOM QUIZ:Take this free quiz to see where you are on the path to financial freedom and what your next steps are to move you to a new financial destiny at http://www.YourFinancialFreedomQuiz.com
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