I get that the value of money depreciates over time hence why they tell you that the best time to invest is now. But i don’t get how exactly investing now helps you in the future if the cost of living increases with time too anyway. So like let’s say you invested $1000 today and then in the future that’s equivalent to $4250, but then the price of things have also increased so how much richer are you really if you have to spend a lot more in the future anyway?
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The idea is that if you hadn’t saved the money, you would probably have spent it on stuff that you didn’t need. It’s better to be in the future with $4250 than to be in the future with $0 having spent $1000 on, say, candles. If you *did* need the money just to survive, then you wouldn’t have saved it.
And if you’re going to save the money, it’s better to put it into a relatively safe investment than to hide it under your bed, where it will make zero returns and is probably more likely to be stolen than you are to lose money on, say, government bonds or a savings account with a major bank.
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