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There are different terminology that we have to deal with in everyday life in business sector. One of them which is very common but have different in fundamental is savings and investment. Though from the outside, both look same but there are some fundamental difference between these two.
When you save money for your savings, you are putting your money for future purposes without giving any importance to the appreciation. The value of the money you save more or less will be same after certain time. While in case of investments, you are putting your money in the schemes where there is appreciation. Means the value of your invested money will increase with time. Surely investment has higher risk then savings.
When you save money for your savings, you are putting your money for future purposes without giving any importance to the appreciation. The value of the money you save more or less will be same after certain time. While in case of investments, you are putting your money in the schemes where there is appreciation. Means the value of your invested money will increase with time. Surely investment has higher risk then savings.