Savings, Investments And Insurance

Sunday, February 2nd, 2014 Amritesh no responses

Savings, Investments and Insurance are the terms we often come across and many of us treat is as same. But in reality this is not true. Many of us may feel that the term may look identical but when you look at it carefully you will realize there lies a point of difference. However though, they might mean different in the practical world but their interrelation cannot be ignored. Savings, Investments and Insurance are not only interrelated but they are also interdependent on each other. Savings generally means to save a portion of your earnings to meet your future shortcomings or obligations that may arise. It is generally for meeting short term needs and for specific purpose. Savings do not…