Episode 447- Saving vs. Investing: How to Use Both to Build Financial Freedom

Journey To Launch

Jamila Souffrant

Finances, Business, Realestateinvesting, Entrepreneurship, Earlyretirement, Investing, Budgeting, Wealth

5 • 1.7K Ratings

🗓️ 8 October 2025

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In this solo episode, I’m breaking down one of the most important concepts on the path to financial freedom, the difference between saving and investing, and why you need both.

I share how growing up with a single mom and grandmother who were natural savers taught me early lessons about money, and how those habits helped me buy my first condo at 22. But I also talk about how saving alone wasn’t enough, I needed to learn how to make my money work for me through investing.

I walk you through what saving and investing really mean, how they serve different purposes, and how using both intentionally can help you build stability now and freedom later.

In This Episode, I Share:

How saving creates safety and peace of mind, while investing builds long-term wealth and freedom.
Why inflation quietly eats away at your savings if you’re not investing.
My simple rule of thumb, build your emergency fund, pay off debt, invest consistently, and keep saving for short-term goals.
The real difference in growth; how $10K can become about $10.5K in savings but over $46K when invested long term.

Other related blog posts/links mentioned in this episode:

Apply to Share Your Journeyer Story, here.
Join the Journey to Launch Book Club to dive deeper into financial freedom with guided discussions and resources here!
Get your copy of my book: Your Journey To Financial Freedom
Join The Weekly Newsletter List to get updates, deals & more!
Leave Your Journey To Financial Freedom a review!
Get The Budget Bootcamp
Check out my personal website here.
Leave me a voicemail– Leave me a question on the Journey To Launch voicemail and have it answered on the podcast!
YNAB – Start managing your money and budgeting so that you can reach your financial dreams. Sign up for a free 34 days trial of YNAB, my go-to budgeting app by using my referral link.
What stage of the financial journey are you on? Are you working on financial stability or work flexibility? Find out with this free assessment and get a curated list of the 10 next best episodes for you to listen to depending on your stage. Check it out here!

Connect with me:

Transcript

Click on a timestamp to play from that location

0:00.0	investing is like planting a seed you won't see the results overnight but if you keep watering it
0:08.3	you stay patient and you don't dig and look at it right you don't sit and watch the plant grow every day
0:14.4	because you won't probably see the growth it's too frustrating over time you will see it can grow into something powerful.
0:21.6	Welcome to the Journey to Launch podcast with your host, Jamila Sufran.
0:28.4	As a money expert who walks her talk, she helps brave journeyers like you, get out of debt, save, invest, and build real wealth.
0:38.3	Join her on the Journey to Launch to Financial Freedom in five, four, three, two, one.
0:50.4	If you want the episode, show notes for this episode, go to journey to launch.com or click the
0:56.5	description of wherever you're listening to this episode. In the show notes, you'll get the
1:01.3	transcribed version of the conversation, the links that we mentioned, and so much more.
1:06.8	Also, whether you are an OG journeyer or brand new to the podcast, I've created a free
1:12.0	Jumpstart guide to help you on your financial freedom journey.
1:16.0	It includes the top episodes to listen to, stages to go through to reach financial freedom,
1:20.8	resources, and so much more.
1:22.7	You can go to Journey tolaunch.com slash Jumpstart to get your guide right now. Okay, let's hop into the episode.
1:31.8	Hey, hey, hey, journeyers. Welcome to the Journey to Launch podcast. I am your host, Jamila Sufront,
1:38.3	and I'm so glad you are joining me today. Today is going to be a solo episode where I am going to talk about something really
1:46.5	important, necessary to reach your goals of financial freedom and independence, and that is
1:53.4	your ability to increase your assets. And you do that by saving and investing. So we will be talking about the difference between saving and
2:03.9	investing, why they are so important, why you need both, but ultimately understanding how the
2:11.2	different roles in your life and your financial journey play out and why it's really important
2:15.6	to utilize both of them in your journey.
2:20.0	Now, saving and investing are words that can be used interchangeably. You often hear,
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Jamila Souffrant, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Jamila Souffrant and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.