Here is what worries me about the "maximize savings" part. As the currency is rapidly weakening, my savings in dollars is effectively shrinking. A friend who used to be president of a bank (retired) often talks about the potential for widespread bank failures. He notes that the primary protection against bank failures are "guarantees" by governments. In the US that means our federal government backing their guarantees with the ability to tax and the ability to issue currency (print money). The US congress created $13 trillion in new spending since Feb 2021. Combined with the automatic spending increases already built into the federal budget, we are approaching the point where spending exceeds the ability to tax. When that happens the "print money" kicks in and the value of money declines rapidly.

Already we're seeing this happen. The money you saved last year is not worth what it was last year. Those purchases you put off will consume more of your savings latter. Luxury purchases like food, gas, propane, and so on are all almost double what they were last year for the normal American household. 100% actual decline in the value of your dollars for essential purchases in one year...if this continues, savings will become useless.