Quote from: Bob Smith on August 16, 2019, 07:47:50 AM

For people who dont have interest or good knowledge about investing, savings are any day better for them, cos having a bank account is all you need for it.

for savings you dont necisarily need to have a bank or to apply for a savings account at banks because you can still keep the money on your own hands . that is still considered savings but if the money is held on banks i think that is likely simillar to investing because you also gain anual interest from them and like investing there is also a risk of loosing your money because sometimes a bank can go busted and not all can be able to do a full refund .