Sleep vs. Hibernate?

Can someone please explain to me when I should use sleep and when I should use hibernate?  I have found some conflicting recommendations within the various help screens in my computer and am not sure of the best plan.  Is it true I shouldn't shut it down at the end of each day? 
I use my laptop as my primary computer.  I have 2 babies, so I use it for a few minutes here and there throughout the day.  I do use it every day.
I have a...
Inspiron E1505
Intel Core 2 Duo T5600 @1.83GHz
2.00 GB RAM
ATI Mobility Radeon X1300
3.1 Windows Experience Index
Running Vista Home Premium and Office 2007
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Re: Sleep vs. Hibernate?

sleep still uses power on the motherboard but low power. hibernate store to a file and shutdown using no pwer to the motherboard. I turn mine off every night. most of the time I hibernate because it starts up faster then booting up from a shutdown. if your going to use it off and on during the day sleep would be good because it will start up a soon a you open the lid it that how you have it set.
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