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Money Saving
Condition where saving is better than investing.
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[QUOTE="Abigael, post: 232551, member: 25357"] Saving and investment are really great methods of using your money well. Saving involves just letting your money sit in an account while investing involves letting the money multiply by buying an asset that appreciates or by doing something that brings you profits. Whichever one you choose, you will be able to avoid spending your money unnecessarily. Saving is safer than investment because there is no risk involved. Especially since most saving accounts are good and no one can steal your money easily. But in investment, you may loose your money to it. This is because there are so many investment sites and methods that are scams. But the good thing with investment is that it brings you profits. Meaning that you won't just get the amount you saved, you will get it with some more money. Unlike saving where you will get just the amount you saved. So you can look for legit investment platforms and invest in them. Personally, I would like to get into investment a lot. I love it because it ensures me a good source of passive income. Though I will have to learn cryptocurrency trading skills as that is one of the most legit investment methods that I am interested in right now. [/QUOTE]
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Condition where saving is better than investing.
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