A lot of people confuse savings with investment. To illustrate the difference, let’s take example of cricket. When it comes to savings, it’s like a batsman defending himself from getting out. When a batsman plays defensively to save his/her wicket, he is not making any runs. Investing is playing judiciously to dodge a few balls, hitting the ball at the right opportunity by taking calculated risks to make runs.
So, in general, savings is like idle money- you will never grow your wealth whereas investing means making your money work for generating more wealth to fulfill your financial goals.