You are saving money by investing sounds like a simple concept. But it would help if you were careful how you apply it. Investing in a mutual fund differs from putting money into your retirement account. Here's why?
When you save money for the future, it has value. You're able to spend it later. But when you invest money, you don't necessarily know when the time comes when the investment will produce a return. And you will see cash flow then. That's why it's essential to consider the difference between saving and investing.