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Savings And Investment: Meanings And Differences

Posted: April 28th, 2023, 8:14 pm
by Greatness
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The terms "savings" and "investment" are frequently used interchangeably. In personal finance, they differ in their implications and meanings. The amount of money that a person sets away from their income for future usage is referred to as savings. The deployment of resources, on the other hand, to produce revenue or create wealth is referred to as investing. We shall examine the definitions and differences between savings and investing in this article.


Saving

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