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What is the difference between saving and investing?
Match the descriptor with its description.
>
Easy to access money
Higher rate of return
1. Saving
Does not outpace inflation
2. Investing
Does outpace inflation

Sagot :

GinnyAnsweridn

Final answer:

Saving offers easy access to money but does not outpace inflation, while investing provides a higher rate of return that can outpace inflation.


Explanation:

Saving involves keeping money in low-risk accounts like savings accounts or simply as cash, providing easy to access money but with lower returns and does not outpace inflation. On the other hand, investing entails putting money into assets like stocks or real estate, offering a higher rate of return that can outpace inflation.


Learn more about Difference between saving and investing here:

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