I have Elements 12 and I am looking at Elements 18. I Have all kinds of actions on my elements 12 and don't want to lose them if i update my elements Photoshop. Will it just update my Photoshop or will it add a new software to my computer, and make me buy my actions again?
Photoshop Elements 2018 and Photoshop Elements 12 will be independent programs. If you install 2018 without uninstalling 12, you will be able to use either one. Both can exist on the same computer.
You may be able to copy your actions over from 12 to 2018 if you know the location of the action files.
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