Saving vs Investing #163
How to Money
iHeartPodcasts
4.6 • 3.2K Ratings
🗓️ 5 February 2020
⏱️ 39 minutes
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Summary
Are you saving your money when instead you should be investing it? Or maybe you’ve been investing, but alternatively you should be saving! Folks get confused as those terms are often used interchangeably, but they are very different. For example, we call it “saving for retirement” when we are actually “investing for retirement.” Saving and investing are both important and have their place, and so the trick is knowing when you should be doing either. During this episode, we’ll cover some of the different indicators and considerations that will help you to determine whether you should be saving or investing. And it depends on your goals, but there’s a good chance you’ll need to do both!
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Transcript
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| 0:00.0 | The thing that I most nosy about is other people's finances. |
| 0:03.3 | I just want to ask people how much money do you make and what have you figured out about money that the rest of us haven't? |
| 0:08.8 | I might allow and this is other people's pockets. |
| 0:11.8 | The show where I ask people about their money because salary transparency is important and because we can all learn something from other people's financial mistakes and money hacks. |
| 0:20.6 | Other people's pockets is a co-production of pushkin industries and little everywhere. |
| 0:24.7 | Listen to other people's pockets on the iHeartRadio app Apple Podcasts or wherever you get your podcasts. |
| 0:30.0 | Hi, I'm Frances Frye and I'm Ann Morris and we are the hosts of a new TED podcast called Fixable. |
| 0:35.7 | We've helped leaders at some of the world's most competitive companies solve all kinds of problems. |
| 0:41.2 | On our show we'll pull back the curtain and give you the type of honest, |
| 0:44.7 | unfiltered advice we usually reserve for top executives. |
| 0:48.3 | Give us a call and we'll help you solve the problems you're stuck on. |
| 0:51.3 | Listen to Fixable on the iHeartRadio app on Apple Podcasts or wherever you get your podcast. |
| 1:00.2 | Hey y'all my name is Justin Richmond. |
| 1:02.0 | My new show started from the bottom is a podcast right interview people who had to strive and struggle to reach the top. |
| 1:08.3 | Women, people of color, those who weren't part of the old boys network. |
| 1:12.6 | How did they beat the odds? |
| 1:14.7 | From media fire branch, Charlemagne the God to personal finance guru, Suzy Orman to |
| 1:19.6 | heavyweight fighting champion, Frances and Ghana. |
| 1:22.2 | Hear their stories in their own words. |
| 1:24.9 | Listen to start off on the bottom on the iHeartRadio app, Apple Podcasts or wherever you get your podcasts. |
| 1:30.6 | Welcome to How To Money. I'm Joel, it's I and Matt and today we're discussing saving versus investing. |
| 1:44.8 | These are two terms, you're all saving and investing. |
... |
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