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With savings accounts looking more attractive than they have in over a decade, you might be asking yourself whether it’s time to do away with investing and just stick your money in a savings account. In this video I weight up the pros and cons of saving and investing your money to help maximise your returns and get your cash working hard for you. #personalfinance #savings #investing 💷FREE SHARES Trading 212 – Sign up, fund your account with £1 and we’ll both get a FREE share up to the value of £100: https://www.trading212.com/invite/12i... Freetrade – Sign up, deposit at least £10 and we’ll both receive a FREE share up to the value of £100: https://tinyurl.com/yw3h6372 🎥 USEFUL VIDEOS A Step-by-Step Guide to Stock Market Investing for Beginner Investors: • HOW TO INVEST FOR BEGINNERS IN 2023 | Step... Diversify your Investment Portfolio with this Alternatives to Stocks & Shares: • How to Build a Diversified Investment Port... How to INVEST using the Trading 212 App: • TRADING 212 for Beginners | How to INVEST ... Which UK Stocks & Shares ISA for 2023?: • WHICH ISA FOR 2023? | Review UK Stocks & S... A Quick Guide to ISAs in 2023: • Invest & Save Tax Free | UK ISA Accounts E... 📺SUBSCRIBE Subscribe to see future videos from me: / @carlenecayhill 🔗CONNECT Instagram – @carlenecayhill ⏱TIME STAMPS: 0:00 Intro 0:52 Is saving back in fashion? 1:53 Neither are poor options 2:33 Can saving ever beat inflation? 5:40 The benefits of investing over saving 8:35 Would investing work for you? 9:58 The magic of compounding 10:40 Should you save or invest? 12:35 Outro Thanks for watching! 😎 Disclaimer: I am not a financial advisor and do not provide financial advice in any capacity. All information provided on this channel is strictly for entertainment and educational purposes only. Please consult a suitably qualified licenced professional should you require financial advice.