Question

difference between savings & investing
savings investing
reasons for savings reasons for investing

Explanation:

First, define the core nature of savings and investing, then list key distinguishing features, followed by common motivations for each.

1. For the top two rows, outline core characteristics that set savings and investing apart.
2. For the lower rows, list specific, common reasons individuals engage in each activity.

Answer:

Savings	Investing
Earns low, fixed interest	Earns variable returns (dividends, capital gains)
Reasons For Savings	Reasons for Investing
Emergency fund for unexpected costs	Long-term goals (retirement, home purchase)
Short-term goals (vacation, new appliance)	Beat inflation to maintain purchasing power
Liquid funds for immediate needs	Build wealth over extended time periods