what is the difference between saving and investing.
Saving refers to setting aside money for future use, typically in a bank account that earns interest. The goal of saving is to accumulate funds for emergencies, short-term goals, or a down payment for a large purchase, for example.
Investing, on the other hand, involves using money with the expectation of making a profit or earning a return. Investing typically involves taking on some level of risk, as there is no guarantee that the money invested will generate a positive return. Examples of investment vehicles include stocks, bonds, mutual funds, and real estate.
In summary, saving is generally viewed as a more conservative approach to money management, while investing is a more aggressive strategy that offers the potential for higher returns but also carries more risk.