Like in sports, there’s no state as forever unbeatable, personal finance has no such fixed state of absolute success. When we repay debt, we achieve success, but that’s not all. We then try to accumulate wealth. We try to reach a financial freedom. For some leaving a large estate or donation to a charity is the personal finance success measures. So, the circle of finance continues from worst to good to better. Alas, there is no state as the ‘Best’.
If you have surplus money, you sock it away in checking account, you earn some interest (negligible). When you sock it away in saving accounts, you earn some more interest from that deposit. When you rather invest your money you potentially earn a higher return from your investment. Fortunately and ironically no investment is best. One year stocks perform better, some other years, bonds perform better.