Investing money is different from savings.

[Penlex_Writer]

Investing and savings is of two categories,they are both importants to humanity,savings means to store for future times to come,savings takes place when planning is ahead off,while investment comes with risk, but also the potential for higher returns,the both are very important factors for a healthy financial plan,but when going to investment you have to educate yourself before taking any positive decisions.

[bitterguy28]

what i like to think about is that any of my investment is not money for me to spend that should be completely different from the money you are allowed to spend for daily transactions or something else i do not allow myself to touch or even look at the money i have in investment assets while savings can be spent but only for emergency purposes only i will go spend my savings first before the investments if i really had to

[target]

In the 3rd countries where I am, saving dollars is a lot better than saving money in local currency.  People who have no access to USD are not going to save a lot since inflation is just going to become worth lesser and lesser every year.

Th advice we get all the time is investing because it the way to build wealth. Of course it's better to invest. If only it's available to anyone.

It's only when crypto existed where people have the opportunity to invest but before crypto the unbanked has no chance.

[segmadis]

Of course that the investments are not the same as savings.
But then again any decent investment can grant you at least 5% returns per year, which does not sounds so much, but if you are in such investment for the long run it can pay off very nice

[bitterguy28]

Of course that the investments are not the same as savings.
But then again any decent investment can grant you at least 5% returns per year, which does not sounds so much, but if you are in such investment for the long run it can pay off very nice

some people invest to prepare for retirement so if you are still young and you still have a long way ahead of you 5% a year doesn’t seem too bad especially if over the years you can add more and see bigger returns by the time you are ready to retire i am sure the money has grown a lot already and you are ready to retire comfortably

[Agbe]

Investing and savings is of two categories,they are both importants to humanity,savings means to store for future times to come,savings takes place when planning is ahead off,while investment comes with risk, but also the potential for higher returns,the both are very important factors for a healthy financial plan,but when going to investment you have to educate yourself before taking any positive decisions.

There's a difference between saving and investment as the two terms are used in different context while saving is the act and practice of keeping or storing up money solely for the purpose of future use while the act of investment is involves using your money in settings up a business or something that will bring return on investment

One distinguishing factor that make the two difference is that investment brings more money to the person who invested as investment grows and multiply over time as the investment expand over time

[0t3p0t]

Investing and savings is of two categories,they are both importants to humanity,savings means to store for future times to come,savings takes place when planning is ahead off,while investment comes with risk, but also the potential for higher returns,the both are very important factors for a healthy financial plan,but when going to investment you have to educate yourself before taking any positive decisions.

Well for me both actually compliments each other as you invest in something it means you earn something and there you can get funds to save so that in times of emergency you have something to use for without sacrificing your investments though there are other ways to do this but it is up to our convenience and preferences. Knowledge is always the key on this.

[Asiska02]

Investing and savings is of two categories,they are both importants to humanity,savings means to store for future times to come,savings takes place when planning is ahead off,while investment comes with risk, but also the potential for higher returns,the both are very important factors for a healthy financial plan,but when going to investment you have to educate yourself before taking any positive decisions.

In this current era, no one is advising anyone to continue saving when inflation is imminent. Investing comes with risk but you can’t achieve a lot or your set out goals by just saving money, you have to invest them in order to counter the inflationary nature of economic today. Savings use to be a very good way to keep money as it’s not susceptible to risk but it is no more the best way. A lot of investment are today taking over the place, you just have to analyze and look for the best possible one with less risk and good reward for the time being you want to keep them for. This is just like buying low to sell higher as a trader in the market looking for daily means of income for survival.

[Chilwell]

Investing and savings is of two categories,they are both importants to humanity,savings means to store for future times to come,savings takes place when planning is ahead off,while investment comes with risk, but also the potential for higher returns,the both are very important factors for a healthy financial plan,but when going to investment you have to educate yourself before taking any positive decisions.

Saving is extremely important and helpful in some cases, so also, investing is also profitable but it can be risky at times, because the future of your capital is unpredictable or uncertain. Some people know the advantages of saving and investing but some doesn't. Some people enjoy lavishing their money without thinking twice, forgetting their future, they don't think whether they may faces some financial issues, challenges and difficulties, and during this time the money they save will be beneficial and helpful to them. But I can see that despite the hardship of the economy, some people have not learn their lesson and they are not ready to listen to anyone who advice them to save for future use. But as they say:  EXPERIENCE IS THE BEST TEACHER, if they experienced hardship even once they will be able to manage and utilize their resources.

[Agbe]

Investing and savings is of two categories,they are both importants to humanity,savings means to store for future times to come,savings takes place when planning is ahead off,while investment comes with risk, but also the potential for higher returns,the both are very important factors for a healthy financial plan,but when going to investment you have to educate yourself before taking any positive decisions.

Saving is extremely important and helpful in some cases, so also, investing is also profitable but it can be risky at times, because the future of your capital is unpredictable or uncertain. Some people know the advantages of saving and investing but some doesn't. Some people enjoy lavishing their money without thinking twice, forgetting their future, they don't think whether they may faces some financial issues, challenges and difficulties, and during this time the money they save will be beneficial and helpful to them. But I can see that despite the hardship of the economy, some people have not learn their lesson and they are not ready to listen to anyone who advice them to save for future use. But as they say:  EXPERIENCE IS THE BEST TEACHER, if they experienced hardship even once they will be able to manage and utilize their resources.

The thing about investment is that it has high potential of creating more wealth over a period of time investment play a very important role because when it comes to wealth creation you can't get there without investing because the part way that leads to wealth creation is embedded in investment one distinguishing factor that makes investments different from savings is that you you can't really create much wealth while saving because saving doesn't increase or brings more wealth to you but only helps you to store up what you have for future popurse and use

[Sim_card]

Investing and savings is of two categories,they are both importants to humanity,savings means to store for future times to come,savings takes place when planning is ahead off,while investment comes with risk, but also the potential for higher returns,the both are very important factors for a healthy financial plan,but when going to investment you have to educate yourself before taking any positive decisions.

You must save to invest only if you hit a jackpot. I prefer to invest with the money that I saved rather than leaving it idle because fiat depreciates. Or I will rather save in bitcoin than fiat because bitcoin is an asset that is still growing in value. Any fiat with is should be for our emergency and basic needs.

[joniboini]

I'm pretty sure most youngsters prefer investment nowadays. Even if they opt for a savings plan for their bank account, they'd look for those who offer a high annual rate instead of those who don't offer anything. If we're talking from the perspective of older people like my parents though, they prefer to buy gold and save some money for short-term/mid-term planning. I don't recall them saving money for a plan that will come 10+ years, if anything it seems like they never plan that far ahead. Fortunately, they never fall into debt so they're living quite well.

[Aanuoluwatofunmi]

Investing and savings is of two categories,they are both importants to humanity,savings means to store for future times to come,savings takes place when planning is ahead off,while investment comes with risk, but also the potential for higher returns,the both are very important factors for a healthy financial plan,but when going to investment you have to educate yourself before taking any positive decisions.

Savings is not investing, but we can be saving alongside with an investment and this is only possible in cryptocurrency, if we are having a coin in mind, then we can invest on it and then hold our asset for some time, then continue to invest the more on it as some will termed it DCA and this is mostly done with bitcoin, at the end of it all, we discover that we have made it all to profits.

[Rruchi man]

~

You can refer to investing as the advance of savings because primarily people were usually advised to save money, but now the advice has advanced into a call to invest money. Not like saving is bad, but those who are still stuck with that mindset of saving more money than they invest may usually not achieve that financial freedom that they wish to get because financial freedom comes from investments and not from savings.

[bisdak40]

Saving and investing are both important in life. Saving means keeping money for the future, and it helps when you plan. On the other hand, investing can grow your money, but it comes with risks. You might earn more, but you can also lose. Both are important for a good financial plan. But before you invest, it’s smart to learn and understand how it works, so you can make better choices.