Savings VS Investing

Jared Schaub per 4

Savings

  • Is a portion of income not spent on consumption
  • Savings tools are liquid assets
  • Assets are things every individual owns

Investiing

  • The purchase of assets with the goal of increasing future income
  • Used to pay for long term goals
  • Helps build wealth

Reasons to save

  • Helps you when your in need of money.
  • Helps you when you retire
  • Helps manage you're money better