Saving & investing
Understand exactly the difference between saving your money and investing it.
Step 1 is the very beginning and we will help you understand the pros and cons of saving and investment, ways of doing both, and the key concepts of inflation and interest rates.
The difference between saving and investing
A good place to start – what’s the difference between saving and investing? These terms are often confused but, in truth, they are miles apart. Here, we explore what those differences are, and their importance.
Before starting investing
Before making your first investment, there’s some important stuff you need to know. This section covers all the prep to get you in the best position to get investing.
Savings & insurance products
Savings are an essential element to your finances and should be considered before investing. But what’s the best way to go about saving your money, and what are the different products out there?
How does investing work?
Here, we explain the basics of how investing works: how much do you need to invest, how to start and, most importantly, calculating if you have enough money to invest.
The case for investing
Why is investing a good idea? And what sort of returns can I expect?
Life stories
A range of investors talk about their experiences, including some highlights from the Steps to Investing YouTube show.
Jargon busters for this Step
The key bits of (unavoidable!) jargon used in this Step, busted!
- The difference between saving and investing
- Before starting investing
- Savings & insurance products
- How does investing work?
- The case for investing
- Life stories
- Jargon busters for this Step