Saving offers easy access to money but does not outpace inflation, while investing provides a higher rate of return that can outpace inflation.
Saving involves keeping money in low-risk accounts like savings accounts or simply as cash, providing easy to access money but with lower returns and does not outpace inflation. On the other hand, investing entails putting money into assets like stocks or real estate, offering a higher rate of return that can outpace inflation.
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