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Svetradugi [14.3K]
2 years ago
10

Describe the difference between saving and investing.

Social Studies
2 answers:
murzikaleks [220]2 years ago
8 0

Answer:

Savings refers to that part of disposable income, which is not used in consumption, i.e. whatever is remained in the hands of a person, after paying all the expenses. On the other end, Investment is the act of investing the saved money into financial products, with a view of earning profits. It alludes to the increase in capital stock.

Explanation:

oee [108]2 years ago
8 0

Answer:

Saving — putting money aside gradually, typically into a bank account. ... Investing — using some of your money with the aim of helping to make it grow by buying assets that might increase in value, such as stocks, property or shares in a mutual fund.

Explanation: brainlest?

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