This is why we don't save, but invest all of our money

My best friend and I share all of our money and probably one of the hottest takes of them all is in fact we do not save, but we invest all of our money. Obviously that's excluding anything that we spend on a monthly day-to-day basis. But anything left over that would typically be otherwise known as savings, we invest that into funds. I want to preface that this is obviously not financial advice and this is just purely sharing what's worked best from our experience. But for those who don't know, we don't work a typical 9 to 5 job. We are consultants, we work for brands and I've had a full-time job part of the time that we've shared finances. Caitlyn for the most part has consulted for herself. And I would say that typically how we structure our finances isn't conventional. And in fact, it's super unconventional and what I mean by that is we don't have money in a savings account. The only type of savings we have which doesn't even count as savings would be our tax money. Part of being a consultant and owning your business, you have to pay your quarterly taxes. So for us, we don't see the value in putting that money into the stock market because that's too short of a time period to be putting your money into the stock market. So for that, we definitely leave that in an account, but again, it is not counted as our savings because we know that money is not ours and will be going to the government at some stage. Back to being unconventional and not actually having a savings account per se, the reason why we don't do this is because we don't necessarily have short-term goals of, for example, buying an apartment, buying a car. So for us, putting our money in a high-yield savings account, which averages usually around a 3% return, no, we don't see the value in that. And what we've seen the value from over the last few years is actually putting money into investments where we can receive anywhere from a 10 to 14% return on average. No, we haven't sold these funds, but if we were to sell them tomorrow, that would be the return that we would be sitting around, which is much larger than a 3% return within a savings account. The reason why I wanted to include that we are consultants is because we are on a joint income. So perhaps if you were even a solo consultant, you still don't have as much flexibility with your finances then someone who is, you know, a couple and similar to any double income household, you are able to be a lot more flexible with your finances than someone who is solo. And whilst I'm not saying that our way is either right or wrong, I do think it is interesting to hear everyone's experiences and where they see value of putting the excess money. And I know that even having like excess money is a privilege because everything is just so goddamn expensive these days. But I think that's the whole purpose of all of these videos is that like I'm trying to educate you guys on the potential options out there and for you to go ahead and do your own research. But I think a lot of people don't even know that, say for example, you could take like $50 and start investing while still having your savings account on the side. Another layer that I thought was important to include is we are on a joint income. So perhaps if you were even a solo consultant, you still don't have as much flexibility with your finances then someone who is, you know, a couple and similar to any double income household, you are able to be a lot more flexible with your finances then someone who is solo. And that's it. And I know that even having like excess money is a privilege because everything is just so goddamn expensive these days. But I think that's the whole purpose of all of these videos is that like I'm trying to educate you guys on the potential options out there and for you to go ahead and do your own research. But I think a lot of people don't even know that, say for example, you could take like $50 and start investing while still having your savings account on the side.