Why don't people save their money?
It annoys me when people always buy the new iphone even though their iphone from the previous year works perfectly well. I don't understand why people can't save and invest in something that builds their assets like property or stocks. What is the point of working hard, then blowing it and going broke again just to buy consumer goods that depreciate like expensive. I'm 20 years old in university and the thought of going broke terrifies me so as a result I have managed to save thousands of pounds.