While it is important to have both savings and investments in your financial plan, how do you easily decide which is right for you? ➡️Financial Goals: Start by defining your financial goals. Are you saving for a short-term expense like a vacation or a down payment on a house? Or are you investing for long-term goals like retirement? Understanding your goals will help you determine the appropriate strategy. ➡️Time Horizon: Consider your time horizon. Saving is ideal for short-term goals…
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