How does that play at the negative interest rates times?<p>Anyway, all that is true, and I did know that when younger. What nobody tells you is that there are a few times when your income grows faster than an exponential. Everything you save up before of one of those few times is basically worthless.<p>Anybody&#x27;s main goal should be to have as many of those income growing events as possible. Not giving-up everything when young because of compounded interest.<p>Yet, this thing is not predictable, thus it&#x27;s always good to save a bit. It&#x27;s a balancing act, not a clear-cut good vs. bad situation.