I feel like people that ask what the point of savings is are younger and haven't experienced a housing crash. Every boom has a bust and anyone who has gone thr

I feel like people that ask what the point of savings is are younger and haven't experienced a housing crash. Every boom has a bust and anyone who has gone through things such as the housing crisis, dot com bust, or previous crisis know that savings through a bust you will end up really well off on the other side. Even just the most recent housing crisis as an example. Houses crashed hard and if you had saved you could afford a house. History says that there will be an opportunity to buy and just be prepared for when it is time.