Should you save or should you invest?

(Editor’s note: This article was written by MoneyMax.ph, the Philippines’ leading website for comparing financial products and services, for ABS-CBN News. Find out more at MoneyMax.ph.)

MANILA - We are told to save our money when we are young but this is an ongoing process until we get to an older age.

When it comes to savings, time deposits and regular savings accounts always cross our mind. You should also consider investing as an alternative to have your money earn interest for you.

If you’re wondering whether to save or invest, here are a few questions you can ask yourself.

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