The traditional norms made us believe that savings are a safe option to store your wealth.
But is it true now?
With inflation, we all know that the prices of the wealth we have kept in our savings account will decrease. What is the use of saving when ultimately we are not even able to enjoy what we have been saving for years?
The smarter option?
Investment! Investment is not gambling if done rightly. Very often we see people not putting too much effort into learning and jumping into FOMO. They dont have enough guidance that will help them to invest better.
anything is good for our life when we are making money from it by saving money we are not going to make more money so it is not more profitable than the investment and there are lot of investments available and the profit rate depends on the risk factor and the amount of risk from the investment choose one which is good for you.