Savings is a power of the future. But if you save in an asset instead of saving in fiat money, you will get profit from it besides saving that money. So at present focus should be given on investment rather than only money savings. And should have a good understanding of investment strategies. Then this future will be bright. For this one should have a good understanding of money management as well as a good understanding of investments
Investment and saving both are necessary because saving can help you during an emergency while investment helps you to earn well in the future when you don't have the ability to earn lots of money to manage your life expenses.
I want to say that we should not focus on only one but should keep continuing both of them as ignoring any of these can be harmful for us. Divide your saved amount and use 50% for each so you can handle all the situations either it's a matter of emergency or it's a matter of salary for the future.