What's the worst financial advice? - Ken McElroy's video quote #4190

You can't save your way to wealth. If inflation is 2–3% and your money earns only 1–2% in the bank, you're going backwards - your purchasing power is being eroded by inflation.

---

Ken McElroy's quote #4190 from Youtube video titled: Asking Wealthy Americans How They Got So Rich! (Scottsdale)