We don’t have any money to save, and even if we did, we’ve spent our entire lives watching the value of it drop.

If my dollar is going to be worth 95 cents next year, shouldn’t I use it now?

tcharlatan, dropping a perfectly succinct summation of why people living in the new economy don’t manage our money the way people who enjoyed last generation’s economy think we should and why old economic advice is often N/A bullshit. (via moniquill)