investing

“Saving” and “investing” often get used as if they mean the same thing. They do not. Each serves a different purpose, carries different levels of risk, and suits different timeframes. Understanding where each fits can help you organise your money with more confidence and less stress. What saving means Saving usually refers to keeping money in cash accounts such as easy access savings, notice accounts or Cash ISAs. Key characteristics: Capital security. The amount you put in does not fluctuate in value within the account. Liquidity. You can usually get to your money quickly, especially with easy access accounts. Modest…