saving vs investing

Saving and investing are both important financial concepts for building a solid financial foundation.

The biggest difference between savings and investing is the level of risk taken.

Saving typically results in you earning a lower return but with virtually no risk.

In contrast, investing allows you the opportunity to earn a higher return, but with varying risks of loss.

When you choose to save money, you want to have the cash available relatively quickly, perhaps to use immediately.

Are you currently saving or investing or both? Share with us your thoughts below!