Posts

Showing posts with the label savings

investing vs savings | Difference between investing and savings

Image
If you really think that the savings and investing is the same thing so please read it fully it will boost your thinking and help you to grow in financial terms .  What is savings : Savings is a part of our income or our salary which we save after Paying all our expenses like ( rent , bills) etc. So after cutting all expenses and necessary expenditures what the actual left in our hand is our savings. Ex.  Ram earns                     20000    -rent                                 5000 - food and groceries        5000 -other expenses(bills)      5000  (Savings )                    =    5000 So,  5000 is his actual savings What is Investing : Investing is tool or a method which we use to grow a part of our saving or overall 10...