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Money: Understanding the difference between saving and investing

 Sarah Wanga, head of Research AIB Capital (Courtesy)

Putting a shilling away for a rainy day is a wisdom that many know. However, what many do not know is that the rainy day usually comes faster than we think.

To some, a bank account is the most preferred place for stashing this money while some prefer taking riskier ventures with the money, which boils down to an investment.

While both ways work, Sarah Wanga, head of Research AIB Capital Nairobi, says there is a difference between saving and investing.

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