
What is the difference between investing money and saving money? Although they seem to be similar, they mean entirely different things. Knowing the difference and applying that knowledge can help you build your personal wealth.
So many novice investors do not realize the fact that the two have different uses and have distinctive roles in their financial approach and balance sheet. As you begin the adventure of enhancing your wealth and establishing financial freedom, learn how to avoid problems by properly dividing and allocating your money.
A lot of individuals, in spite of having great portfolios, lost everything for not having given sufficient respect to cash in their portfolio. Cash has exceedingly greater use than merely for making more cash.
To appreciate the use of cash, let us see how investing and saving differ.
Details
- Publication Date
- Jul 5, 2017
- Language
- English
- ISBN
- 9781387080533
- Category
- Business & Economics
- Copyright
- All Rights Reserved - Standard Copyright License
- Contributors
- By (author): Karl N. Zahn
Specifications
- Format