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Money Saving
Difference between saving and investment
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[QUOTE="Moni2402, post: 123329, member: 27691"] Without a doubt, the first distance between the two concepts is the destination of the money. While in Savings you save to have it in the near or distant future, in Investment you save a part, in order to obtain an extra benefit higher than that of savings, either in the short, medium or long term. Saving is one of the main factors to meet economic goals, whether thinking about future needs, such as having extra funds for a pension or more in the short term such as a trip. While an investment in general terms, it is the use of resources in the productive or capital sector with the objective of achieving benefits or profits and its importance lies in achieving financial freedom. [/QUOTE]
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