Saving and Investing Goes Together

[Nomad]

If you want to build strong finances, you need to save as well as invest. Do not choose between saving and investing, you should do both. You need money for investment, and the first step of building investment funds is saving, start saving as soon as you begin earning. When you have some saving, start investing. However, never invest what you cannot afford to lose. Investing is risky, so also maintain your savings as a hedge against investment risks. Continue to save and invest for your secured financial future.

 

[eLdavis]

This is what i always tell people who focus on just one of these two, the best option is always to do both.

 

[Min George]

Some people build the investment capital through small monthly savings that they do on a regular basis.

 

[Augusta]

By combining saving and investing, you protect yourself financially over both the short and long term. Your savings buffer covers the short-term, while your investments can prevent inflation from nibbling away at your purchasing power

 

[Trush Jodie]

Saving to invest is the surest way for people that are low income earners to build investment capital and stand a chance to escape poverty through investment.

 

[Tobi]

Saving is retaining a surplus of income (spending less than you earn); investing is putting that money to work by using it to fund an activity that will generate a return; like putting it in the bank, the stock market, or using it to buy a piece of real estate.