Financial Security vs. Financial Freedom 2: The Difference Between Saving and Investing

Do you know the difference between financial security and financial freedom? It's as simple as saving versus investing.

The goal of financial security (saving) is to protect what you have. You have enough money to pay your bills, save an emergency fund, and go on vacation.

The goal of financial freedom is to protect your future from the unknown. You invest to outpace inflation, save for kids' college, and ensure you can safely retire.

You will need to become an investor to achieve financial freedom, but it's not as scary as you think. There are many ways to invest and earn passive income; you just need to find the way that works for you. Good Luck!