Saving involves putting money into safe, low-risk instruments such as savings accounts, fixed deposits, or recurring deposits. These options provide easy access but often offer returns that do not keep up with inflation. Investing means investing in growth assets like real estate, gold, mutual funds, stocks, or bonds, which have the potential for higher returns but come with market risks and often less liquidity. Investing is essential for long-term wealth creation and requires a strategic approach involving financial planning and asset allocation.
Savings are best suited for short-term needs and emergencies, while investing is necessary for achieving long-term financial goals.