Saving vs Investing – Must I do Both?

Posted by Georgina Read

Jul 4, 2016 10:24:32 AM

Georgina Read is an EasyEquities user who seeks to dissolve the stereotypes associated with investing, and encourage women to empower themselves financially. Here she unpacks the idea of saving vs investing...

What’s the difference between saving and investing? Must I do both or will just one do? You put aside money every month, that part is the same. The habit of putting aside is the same. But, savings, at some point in time are spent for a purpose. Investments are not. The point of an investment is that it makes you money. Savings puts your money towards something. It stops you from frivolously spending money. See the difference?

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Topics: Investing, Savings Month, savings


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