So much has been written on the topic of saving money. You can find articles talking about how to save money, ways to save money, and the benefits of saving money. It would seem that this is one area of personal finance on which everyone could agree. But that’s not the case. There is a contrarian viewpoint however, that one ought to at least consider before deciding what is best for their situation.

There are those who don’t really believe in saving money. It’s not that they think it should just be spent frivolously, but that there are better things to do with it than just saving it and having it sit there. Just take a look at the following quote.

“There is nothing in saving money. The thing to do with it is to put it back into yourself, into your work, into the thing that is important, into whatever you are so much interested in that it is more important than money.” -Henry Ford

As you can see from this statement, it’s possible that investing in yourself and trying to further your own efforts may be more beneficial than putting your money in some account at a bank. It’s apparent that this statement from Ford has an entrepreneurial slant to it, but you get the idea nonetheless.

This belief, as some may think, is not just a passing thought from Henry Ford. This is something that he really believed in. It is also interesting to read another quote from him on the same subject.

“Old men are always advising young men to save money. That is bad advice. Don’t save every nickel. Invest in yourself. I never saved a dollar until I was 40 years old.” -Henry Ford

Whatever your thoughts are on this subject, I think it’s at least interesting to see a different perspective. Maybe you’ll want to continue on the same path that you’ve always been on, but you may also want to include this advice in your plans, at least to some extent.

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