Better way to save

Jeramey, Mark

The difference between Savings and Investing

  • Savings- Portion of current income not spent on consumption
  • Investing- Purchase of assets with the goal of increasing future income

the difference between assets and liquidity

  • Assets- everything you own that has a dollar value
  • liquidity- how quickly and easily that an asset can be cash

why do we have to use these terms ?

savings can help you when you get in a wreck or another emergency. Investing can help you for a long time goal like a new house or a car. Assets is something that you can give a quick buck for like a garage sale. liquidity is the prices of your assets.

Jeramey Dunlap and Mark Wilson were the writers.

teacher Miss. More