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DO NOT CONFUSE SAVING MONEY WITH INVESTING MONEY.

Often we assume that saving money is the same as investing money. It is not.

Saving money can mean looking for discounts, bargains, or buying in bulk (ie, saving money when compared to typical retail prices).

Saving money can also mean to reduce, reuse, recycle and upcycle.

Saving money can also mean the setting aside of money in a bank or under a mattress.

Investing money typically means, taking money (principle) from a paycheck, savings, or a loan, and putting it somewhere (an investment vehicle) in order to accumulate money (returns), now or in the future, in a fashion where we do not have to labor for those additional dollars (appreciation, passive income, unearned income).

Charles Tadros, M.D.

August 27, 2021

Saint Louis, Missouri

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