Depending on your goals and where you are financially will determine if you should save money or start investing. Investing will earn you a higher rate of return on your money.
Below is a snapshot of if you should save or start investing. We also have a quick video that will explain the benefits of getting into a position to invest your money.
Earn lower return on your money
Access cash within 24 hours
You are building your emergency fund
You are focused on paying off large debts
You need access to money for car and/or home repair within 1 year
Earn higher return on your money
Access cash within 1-3 business days
You have an emergency fund
You have manageable debt that does not affect your cash flow
You have excess cash you'd like to put away for 3 or more years