It's tough to beat inflation if you only save your money. Inflation and price gouging will overtake your savings fairly quickly.

Every great sports team has good offense and defense. Saving is part of your defensive game plan.

Investing is when you go on the offensive. You don't know what will happen in the future, but cash flow can solve most problems.

Only you can decide how much to save and invest; it's a personal decision. However, don't stay on the sidelines too long.

You must start investing as soon as possible to harness the full power of compounding. Good Luck!