

Which I should be investing, but yeah, decision paralysis.
Yeah… Our system actively punishes people who keep their money out of the market. It’s nice to have a little emergency fund in savings just so you don’t have to liquidate investments in case of unexpected needs, but besides that you’re taking a pretty big loss by just letting it sit in your savings account.
From 2015 to 2026 the dollar lost about 40% of its buying power, so you’re essentially losing about half your savings every ten years by not investing it. And it looks like that inflation is probably going to get worse every year for the foreseeable future.

I wish… The average savings account is only .39% APY. High yield savings account can yield around 4%, but there’s usually a minimum balance requirement, can often be harder to liquidate, and the interest is considered taxable income.