1. Your "savings" are usually put into the safest places or products that allow you access to your money at any time.
2. Savings refers to that part of disposable income, which is not used in consumption.
3. Investing is the way that you will begin to really grow your money and begin to build wealth.
4. When you "invest," you have a greater chance of losing your money than when you "save."
5. A mutual fund is a classic example of an investment.
6. Savings are made to fulfill short term or urgent requirements.
7. Investment is made to provide returns and help in capital formation.
8. Investing will not begin to help you build wealth until you spend less than you earn and you focus on getting out of debt.
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