It's very normal in our world today, for people to use SAVINGS and INVESTMENT interchangeably. Some people don't even know the difference between both. But I'm here to let you know, there's na big difference between both of them.

As usual, everything in life has advantages and disadvantages. So does savings and investment got thier own advantages and disadvantages.

To start with, WHAT IS SAVINGS? and WHAT IS AN INVESTMENT?

Savings

Savings is a cash we set aside so it is not being used over a long or short period of time, for a particular purpose or for a future purchase. When saving, you're sure of getting back the cash being saved, there's little or no risk in savings. But savings got a little disadvantage tho which is lost of currency value, we both know that over time, currencies do loose value while some do gain value, but in most cases currencies loose value.

So while saving, you're sure of getting back 98-100% returns of your cash

Investment

Investment is the real deal☺️☺️. I love investing 🙃. Investing is buying of assets for the purpose of making interest. Real estate is one of the best things to invest in, because real estate is always on the rise, it doesn't drop in value. Investing got lots of risk attached to it, you can loose everything, and you can also gain alot.

But, life is full of risk, so I'll still go for investing rather than saving. But it's still advisable to Save up incase of unforseen circumstances. And also, don't put in all your cash into investment, it's called risk management.

WOULD YOU RATHER SAVE OR INVEST?

Think about it☺️