We save money for future use or to start up a business or even for investment. We also save money for expenses. but when we invest we expect income in return from the investments and also we use money in investing we don't save money in investments.
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Which we know as side hustle. But which is more reliable. Savings to aquire more or investing to acquire more?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.
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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.
Saving and investment are two quite similar word but different in meaning.SavingThe 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.
Which we know as side hustle. But which is more reliable. Savings to aquire more or investing to acquire more?
Saving your money means giving your money with you and not spending it on things to buy but investing is that you do not keep your money with yourself but you try to give it to other trusted people or company for the sake of profits in Returns this is all I know about the difference between saving and investmentSavings is the process of keeping a particular amount of money aside with the mindset of not spending it, during the period of saving, there is no profit generated or gains gotten from the money saved. But investment is a process where by you acquire chairs, stocks etc which in turn generates profits and gains for you. It could be either long term or short term.
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.
Savings can be done on a short term basis whereas some investments only allow long term period of time before your income or profit can be paid to you.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.
But the two somehow kind of working together because when you invest your money in a particular platform to yield some profit at thee end of the day is like you save it as well, because is not something you could get the reward on time tho.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.
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