Question

what is saving and investing ??​

Answer 1

Answer:

Saving is income not spent, or deferred consumption. Methods of saving include putting money aside in, for example, a deposit account, a pension account, an investment fund, or as cash. Saving also involves reducing expenditures, such as recurring costs.

Explanation:

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Answer 2

Answer:

Though saving money preserves its nominal value, it's opportunities to grow are limited. While investing, you give your assets the potential to grow over a time-period. Typically, you re-invest your interest, dividends and other capital gains. ... But with the appreciation in money, also comes the risk of losing money.

Explanation:

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