Savings and Investing!
Are They Important?
Is one more important than the other?
In savings you basically are just letting your money sit with no possible way of earning very much inerest from it, but if you invest your pssibilities of earning interest are endless depending on what you invest in. Although if you invest you also have a chance of losing everything you put into that company, product, or home. So yeah if you have no immidiate need for your money now save and let it build interest, but if you want to take a risk of losing it all or gaining more than you expected invest in something.
You could put more money into your savings and it can be retrieved whenever you need it.
You can own part of a company but money access is limited.