The first step in investing or money management is to set a goal. Because only if you have a specific goal in mind can you clarify the other questions that arise when selecting and designing an investment.
Maintain value and purchasing power
Many investors strive to protect their savings from a loss in value with an investment. The prices in the economy are increasing for private households. It increases at a rate that is even higher than the officially calculated inflation rate.
So if you leave your savings to yourself, you will have to accept a considerable loss in value over the years.
With an investment, you can ensure that you maintain the value and purchasing power of your money.