Why Saving Alone Isn't Enough

In the new season of Uncensored Money Mel is joined by Lawsie, a Gen Y ex-financial advisor and ex-accountant. In our ninth episode of Season Two we discuss why simply having savings in the bank, to the exclusion of everything else, is not enough for future you. We talk about:  How much cash is enough What $20k in savings buys you now, as opposed to in 20 years time The difference between saving and investing over the long term And what we think you need to do instead of simply hoarding cash in the bank.  If you know you need more help with your finances make sure you sign up to the waitlist to be first to know when we launch the next round of the My Financial Adulting Plan. If you know you need more help with your business make sure you check out the My Business Adulting Plan. If you're not already, come play over at insta at MelBrowne.Money Finally, if you love this episode please make sure you subscribe and leave us a review.