A good investment program replaces one's savings program.

Question

Quizplus · Accepted Answer

While an investment program can certainly be beneficial and help to grow one's savings, it should not completely replace a savings program. Saving money should still be a priority for building an emergency fund and for short term financial goals, whereas investing is more focused on long term growth and potentially higher returns. Both saving and investing play important roles in a well-rounded financial plan.

A Good Investment Program Replaces One's Savings Program