Debt, savings and investments – how they really work

It’s curious isn’t it how we talk about household savings, rather than net debt. Many people do have money squirreled away in savings accounts, for a rainy day. That rainy day comes when hey lose a job and need that cash to pay their mortgage. So, we are saving to help pay off an existing debt at a later date. How cockeyed it that? A lot of that money t…