Saving Vs. Investment

[Nomad]

Even though people often say “a penny saved is a penny earned” saving isn’t the same as earning, Saving doesn’t create income, it simply preserves what you already have. When you set money aside as a saving, it’s still your own money, so there’s no profit involved. However, if you save consistently and then invest that money into assets like stocks, mutual funds, real estate, even fixed deposit account and gold, you can easily earn 9–10 percent annual interest. Saving helps but it does not give you profit, you need to invest for profit

 

[Starmix]

I do both these, save and invest. I save some percentage of my salary and profit from my business. I chose the long-term investment, so I do not keep thinking about it.

 

[Min George]

Saving doesn't really create income. But for some people, it is their savings that they use to invest.

 

[Trush Jodie]

If you save in a fixed deposit account, or actually generates income for you, though the interest might be very small.

 

[Suba]

Although I personally prioritize investing over saving, this cannot be used as a general or objective benchmark. Therefore, saving versus investing will depend on each person's financial goals, risk profile/tolerance, and current financial situation and stability.