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Do you know the difference between saving and investing?

The terms “saving” and “investing” are usually used interchangeably but it’s important to understand the key differences between them. 

Investing your money over time results in returns close to 10x higher than savings.

So why wouldn't a person only invest instead of save?
Well, you take on more risk when you invest - especially if you're expecting higher returns.

Saving or investing money regularly is good for your financial health.

Having a plan to start saving, or to save more every month, will not only put you in a better position financially, but it will improve your overall confidence in your future.

Learn more about how to save money
Learn about pre-authorized contributions and how they can help you save faster, automatically