I am believing both of side between savings or investment, have saving help us when emergency situation and with investment could increasing more our assets in the future. Actually for people want to get high risk and high return not problem put all assets in investment and not really interested with saving money in the bank although get an offer by deposit around 5% until 8% each year.
Banks are not even good for savings these days because of the rising inflation and devaluation of the currencies of each country. It is better if a person keeps their money in another form instead of keeping them in fiat even if they are not willing to invest them or earn money with them and just want to save them for future emergencies and stuff because if your money lose purchasing power over time, that means you are losing your money slowly.
Currently, Bank not worth yet for saving money right now and better moving to gold or fiat to avoid from inflation values, bank got much advantage when our saving help them for borrowing to the other and getting loan interest. For people have much assets looking the other more profitable for saving your money if not avoid for investment.