Saving Vs Investing I Here are the key differences for managing your money

0
33

To know more about saving, click on
To know more about investing, click on

Saving and investing are both important, but they’re not the same thing. While both can help you achieve a more comfortable financial future, consumers need to know the differences and when it’s best to save and when it’s best to invest.

The biggest difference between saving and investing is the level of risk taken. Saving typically allows you to earn a lower return but with virtually no risk. In contrast, investing allows you to earn a higher return, but you take on the risk of loss in order to do so.

Here are the key differences between the two — and why you need both of these strategies to help build long-term wealth.

Comment below if you have any doubts regarding the same. Also, donot forget to like, subscribe and share this video.

Stay tuned to our channel for more informative videos !

source

LEAVE A REPLY

Please enter your comment!
Please enter your name here