Dylan VanasFounder & 2x 8-Figure Entrepreneur Empowering Growth

Here's Why You SHOULDN'T Save Money

Name: Here's Why You SHOULDN'T Save Money
Uploaded: 2023-03-09T15:00:34+00:00
Duration: 32 s
Channel: Dylan Vanas
Description: A short YouTube monologue arguing that keeping a large, comfortable savings cushion (e.g., six to 12 months) can reduce motivation to grow financially…

9 Mar 2023 · 1 min

Watch on YouTube

0:32

A short YouTube monologue arguing that keeping a large, comfortable savings cushion (e.g., six to 12 months) can reduce motivation to grow financially. The speaker advises keeping enough for day-to-day needs but instead prioritizing investing in oneself, embracing discomfort, and taking risks because one can "figure it out." The piece is normative and motivational rather than technical personal-finance guidance.

Chapters

Here's why you shouldn't save money. Comfort is the enemy of growth. If you have a nice cushy bank account with six to 12 months worth of savings, why would you push yourself to go and work hard and earn more money? You should keep enough in your bank for the day to day life, but invest in yourself and get uncomfortable. Trust me, you will figure it out. You will be okay having a little bit of money in your bank account. You will be able to survive and figure it out. But just squirreling your money together and building a nice fat savings account, not investing it is not the secret to success.