Editing DIFFERENCE BETWEEN SAVING AND INVESTING
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== SAVING == | == SAVING == | ||
− | Saving is the process of accumulating or storing money for future use. Saving is the act of setting aside a fraction of your income, earnings, allowances, money, and so on to meet up with a set goal or objective. Also, people save many times to cover expenses in an emergency. | + | Saving is the process of accumulating or storing money for future use. Saving is the act of setting aside a fraction of your income, earnings, allowances, money, and so on to meet up with a set goal or objective. Also, people save many times to cover expenses in an emergency. |
== INVESTING == | == INVESTING == | ||
− | You invest when you use your money or capital to buy assets that may require daunting risk yet, increase value over time and give high returns. People invest with the hope of getting financial profits in due time. | + | You invest when you use your money or capital to buy assets that may require daunting risk yet, increase value over time and give high returns. People invest with the hope of getting financial profits in due time. |
== Table of comparison == | == Table of comparison == |