Understand the difference between Saving and Investments
A far-sighted person would always prefer investing his money over saving them because...
Investments makes you returns and savings as the name suggests, saves you money for any of your needs. Savings are handy for any kind of emergencies but they are not good enough to build your wealth. A far-sighted person would always prefer investing his money over saving them because he knows that saving would not even allow how him to beat the inflation. His saved money will keep losing its value overtime. But that doesn’t mean you should not have any savings with. You should try to maintain a balance between your savings and investment so that, at no time you have to face a financial crunch.
