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Have you ever had conflicting thoughts about cash savings?  You'd feel better with more savings, but you're not really sure it's a winning financial strategy. Savings is pure magic.  Within its seed is infinite and tremendous potential.  This article will help you see and unleash the power of savings to accomplish your financial goals.Savings is a value of the ultra-wealthy.  Having savings – liquid, accessible, safe cash – is critical and relevant, even in today’s economy, even with boring returns.

But because the hard pull of the media, financial messaging, and what everyone else is doing points the opposite direction, saving often becomes snubbed and overlooked.

Savings certainly doesn’t have the most electrifying connotation, I know.

Because today's interest rates are at an all-time low, saving money seems wasteful.  It seems you’re putting your money out of commission, letting it just sit on the sidelines.

In addition, financing is cheap and easy.  It quickly becomes a go-to source of capital when you don’t have cash of your own.

To top it off, it seems like investments get higher returns than savings do, and that you’ll end up ahead if you invest instead.

But, could this be only part of the story?

Table of contentsWhere Savings Fits into Your Cashflow Creation SystemThe Big Why of Savings: It Protects Your MindsetDefinition of SavingsThe Litmus Test of Savings: Not Losing ValueAccount Value: Safe vs. RiskBuying Power: The Impact of InflationSavings Gives You Control, Which Creates ConfidenceSavings Allows You to Focus on the Right OpportunitiesAn Example: The Wrong Opportunities During Times of DesperationCapital Helps You Rebuild If You Lose EverythingBeing Prepared to Fail Well Allows You to Truly SucceedOpportunity Seeks LiquidityStrategies That Can Create False ConfidenceBudgetingBecoming Debt-FreePresent and Future Purposes in Holding CashA Different End Goal for Business Owners and EntrepreneursThe Savings Perspective of the Entrepreneurially-MindedTake Action by Writing down Your WhyAccelerate Your SavingsHere’s What You Can Expect NextThe 7-Part Saving and Investing SeriesCreate Your Time and Money Freedom

Where Savings Fits into Your Cashflow Creation System

Building a stockpile of savings is to help you weather months of tight income or unforeseen expenses will move you light years ahead towards peace of mind and financial stability.  But it’s just one small step of a greater journey of building time and money freedom.  

That’s why we’ve put together the 3-step Entrepreneur’s Cash Flow System.  

The first step is keeping more of the money you make.  This includes tax planning, debt restructuring, cash flow awareness, and restructuring your savings so you can access it as an emergency/opportunity fund.  This step frees up and increases your cash flow, so you have more to save, and consequently, more to invest.

Then, you’ll protect your money with savings, insurance and legal protection.  Here, you’ll create the right canopy of protection in your financial life.  This second stage encompasses all aspects of Privatized Banking, a key savings and capital deployment strategy that secures your access to capital, maximizing your control, by allowing you to be your own banker.

Finally, you’ll put your money to work and get it to make more by investing in cash-flowing assets to build time and money freedom and leave a rich legacy.

The Big Why of Savings: It Protects Your Mindset

As we embark on this series about savings, we’ll walk through the reasons why having cash is so meaningful, from the perspective of the wealthy.  It becomes apparent that they’ve thought differently than everyone who’s currently tethered to “average” status.  It's enough to take notice.

The wealthy know how to build financial wealth.  But they recognize that true wealth is a richness of mind, body, spirit, and relationships.