Should I save or invest?

Both saving and investing can help you reach your financial goals and help your money work harder for you.

Whilst we cannot give financial advice on what is best for you, savings are usually used for short-term needs (under 5 years). You usually save up for something specific, like a holiday, any unforeseen emergencies or a house deposit. Investments, on the other hand, are usually considered for medium-long term goals, commonly between 5-15 years.