Saving is usually best for short-term goals which you want to achieve in five years or less. This can include saving for special items or occasions such as a holiday, wedding or car. It's also useful to have savings which you can get at quickly in the event of an emergency or if you need access to your money at a set time. Over time, inflation can have a big impact on the buying power of your savings. To achieve potentially higher returns you might want to consider investing. Many investments involve investing in the stock market and so are higher-risk. But potentially the stock market can produce better returns over the medium to longer term than savings accounts.
Savings accounts don't really offer much in terms of yearly interest in fact by just buying bitcoin and holding you could obtain in a few weeks or months as much as you would have gotten have you left your money in a savings account.Savings account is only created for those people who want to save their money in the bank and in return for the money that you will be depositing to the bank they will return some interest which is just like a bonus. And the best thing to invest today is with bitcoin because the price now is keep on increasing and by just saving you have an instant investment.
Anything where you can get a projected return beyond that of ~2% is by far a better investment, in every single case.
