Savings are indeed important to do, but they must have the right percentage so that we can adjust. If we only focus on saving, how can we increase our income because money depreciates in the long term. Savings are made according to the right percentage to meet life and the rest can be used for investment or business.
Nowadays, there is inflation in almost all countries and countries cannot prevent this situation. We need to know the difference between investment and savings. People use different methods to protect the value of their money. Some people buy land or property and retain the value of their money as the value of what they buy increases over time. Some people buy Bitcoin and when they wait long enough, their money retains its value and they make a profit. There are many investment options similar to these.
Although saving and investing are different things, they both benefit people. When focusing only on savings, there may be a possibility of missing some investment opportunities. Investing at certain rates is an important move.