Best ways to save money $

BrianMSmith

Good credit, you can get mortgages and auto loans for 3% interest, which is like free money because inflation is at least 3%. On a mortgage, your effective payment goes down by the inflation rate - assuming your income at least keeps up with inflation - over 10 years your effective payment is much lower than it started at. Keep your cash invested in equities instead of paying cash for a car or a mortgage - house prices typically grow at about the inflation rate, stocks do better.