Millennials: Know the Difference Between Saving and Investing

[ccfic]

Do you know the difference between saving and investing?  Christopher Liew, CFA discusses the importance of

    • Moving money from idle to working money
    • Discovering the benefits of investing
    • Importance of Creating a constant money flow

 

 

Chalk outline of two arrows pointing in opposite directions Millennials are good at saving money but have yet to fully embrace the habit of investing and the financial benefits that go with it. The terms saving and investing are interchangeable, but there’s a difference. When you are saving, you’re after liquidity. You have the money to withdraw anytime. The money you have set aside is also for emergencies or other unforeseen expenses. Investing is […]

 

 

Recommended Stories

Top 10 Tips to Get Discounts and Save Money While Shopping for Special Occasions

The essence of saving and the different ways to save

A third of young people are cutting back on food to pay bills

It's never too early to start saving for retirement

You may be able to save up to $268 a year by switching your cell phone plan

Millennials: Know the Difference Between Saving and Investing

Over a third of the Americans who get regular raises at work still don't save for retirement

J.Crew is discounting full-price and new styles this weekend

Patients could save by paying in cash instead of using insurance

Comments