E22: Unpopular Opinion: Saving Isn't Going to Solve Your Financial Problems

In this premiere episode of 2022, Mills shares with us the unpopular opinion that merely saving money is not the answer to your financial woes. Though vital to your financial health, saving is only a piece of your long-term financial puzzle.  Today, Mills will address how inflation causes us to lose our purchasing power and how increases in inflation can quickly outpace the return on investment in our general savings accounts. We will learn how unlocking our money's potential and placing that money to work for us through proper investing is key to combating inflation and securing our financial future. Topics Include: Defining and Understanding Inflation Why Understanding Inflation Is Important How Inflation Decreases Our Purchasing Power How Proper Investing Combats Inflation Unlocking the Power of Putting Your Money to Work Official Mills Knows Bills Website: https://www.millsknowsbills.com Instagram: https://www.instagram.com/millsknowsbills Youtube: http://youtube.com/millsknowsbills TikTok: https://www.tiktok.com/@millsknowsbills?lang=en LinkedIn: http://www.linkedin.com/in/ameliabender Facebook: https://www.facebook.com/millsknowsbills Twitter: https://twitter.com/bendermills Pinterest: https://www.pinterest.com/millsknowsbills/_created/