Saving vs. Investing

Depending on your goals and where you are financially will determine if you should save money or start investing. Investing will earn you a higher rate of return on your money.

Below is a snapshot of if you should save or start investing. We also have a quick video that will explain the benefits of getting into a position to invest your money.

Saving

• Earn lower return on your money

• Access cash within 24 hours

• You are building your emergency fund

• You are focused on paying off large debts

• You need access to money for car and/or home repair within 1 year

Investing

• Earn higher return on your money

• Access cash within 1-3 business days

• You have an emergency fund

• You have manageable debt that does not affect your cash flow

• You have excess cash you'd like to put away for 3 or more years