Investing vs Saving

Saving money should always come before investing.
It is a generally accepted fact that a person must have savings equal to at least six months of personal expenses in order to meet financial emergencies.
However, only saving money is not enough. Investing the saved money is important to meet financial goals and to increase the value of money.

Particulars	Investing	Saving
Meaning	It is the process of using money in order to make it grow.	It is the process of setting money aside, typically in a bank account to meet emergencies.
Objective	Investment is done to earn returns and for capital appreciation.	Saving is done to fulfill short term requirements.
Risk	Comparatively high	Comparatively low
Returns	Comparatively high	Comparatively low
Liquidity	Less liquid	Highly liquid
Time Horizon	Generally medium to long term	Short term