We must have both to maximize financial management and investment. If you prioritize savings only for emergency needs and other needs then you must be prepared for two risks, namely the impact of inflation and your assets will not increase because the profit sharing interest from the bank is very low, the solution combines with investments in gold, property and bitcoin.
Combining investment assets into several models has also become a better option now, because gold and Bitcoin have both experienced quite a big increase now. So saving large amounts of money seems to be no longer meaningful now except only for daily use and only for emergency funds, because for large investors they always prefer to increase their investment amount when they have money rather than continuing to collect fiat which in general can loss of value when inflation occurs in basic necessities.