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.
In my opinion us, nowadays we believe that saving is greater than investing, most of us believe that analogy when it comes on handling money or budgeting our own money. But we tend to forgot that when it comes in reality.Its better to invest, in savings we just save and that is on the long term factor because we literally dont have an income on that we just save it that's it. But on the investment yes it can be a short term, vice versa but we can either earn or loss a money if we dont know what are we doing. So i'd say its better to invest, wiser rather, wiser to invest.