Savings: Amount of your income that you tuck away for a rainy day or near-term goals, You can put your savings in bank savings, checking accounts, and CDs (certificates of deposit), People use savings for an emergency or short-term goals like vacations, Investing: You’re buying an asset that you think will generate a return over time -- aka you want your money to grow, You hope you will do better than the rate of inflation, No guarantees, Better suited for long-term goals like retirement,

Savings vs Investing

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