The words 'Saving' and 'Investments' are sometimes used interchangeably by most folks.
The two words have some similarities but that doesn't make them the same.
"There's a popular saying that Savings are investments, but not all investments are savings"
Saving actually means keeping some amount of money aside to meet long or short-term needs which may not yield any profit and it attracts zero risk.
On the other Hand, investment means putting money into a business or venture to yield profits within a specific period with risks depending on the targeted roi.
The two words have some similarities but that doesn't make them the same.
"There's a popular saying that Savings are investments, but not all investments are savings"
Saving actually means keeping some amount of money aside to meet long or short-term needs which may not yield any profit and it attracts zero risk.
On the other Hand, investment means putting money into a business or venture to yield profits within a specific period with risks depending on the targeted roi.