Which is more effective saving or investing money

Saving is safest and most reliable.

both, you can save then invest some.

Saving is good. It had helped me a lot. I did not have to borrow.

Invest money

Investing is good but I prefer saving..

I do more of saving for now,no invest

for this moment I do both, if I have more in Saving I'll spend the rest to invest.

Whenever chanced to answer such a question, I would tell myself, "Why not both?" They are both good in terms of handling money and it would be great to know each one's pros and cons. For saving money, the problem with it is that you may not be getting it's equivalent value when you take it out. In a year, some products we consume constantly may skyrocket in value while the interest we get is not enough to cover the increase in that product's value. But still, saving money is worth it for any emergencies and for basically saving for your future self. Investing, on the other hand, has it's risk if you are not so knowledgeable about where you invest your money. The return of investment is higher than saving in your local bank and you can get it's worth at relatively the same time as when you time deposit save your money. So basically, I think that if we're serious about effective handling of money, saving and investing at the same time would be efficient.

@augusta123 I feel if one invests their money they can see it grow. If they just put it in a bank they will not get much if any interest.

I think both. Some part must be saved for instant need while some money should be invested for long term needs.

Saving money, the way most people do it, actually COSTS money. That is because most savings accounts pay WAY less than the rate of inflation. You actually LOSE money by putting money into a savings account. Investing is by far the more effective way to make money and build your money. I will expand on this idea in a later post. The bottom line is if you put money into a savings account or keep cash you LOSE money. Not gain it. Just a fact.

I've never been able to invest any money so my go to is to save. I think i'm rather good at it, but if anyone has any tips on investing i'd love to hear them!!!

I dont have much money so i would prefer saving for now.

Save first then invest...