Podcasts Business Investing investments Differences between savings and investing

Differences between savings and investing

Published: Feb. 16, 2022, 5:28 p.m.

Most people, especially the new investors, use savings and investing interchangeably. But, they are entirely different things, carrying different purposes and playing different roles in your financial strategy and your balance sheet. Before you begin your journey to building wealth and financial independence, make sure you are clear on this fundamental concept.