Savings VS Investing

Dannah Seaton


  • Portion of income not spent on consumption
  • Used to pay for emergencies and large purchases
  • More liquid
  • Provides the foundation for financial security


  • The purchase of assets with the goal of increasing future income
  • Used to pay for long-term goals, such as retirement and higher education
  • Less liquid
  • Helps build wealth

Reasons to develop a savings plan

  • Unlimited deposits (including transfers into the account)
  • Auto Savings tool that allows you to establish a recurring savings routine