Tuesday, 28 June 2016

Do you spend money or save it ?

                          Do you spend money or save it ?

Some people say that it is better to enjoy your money as soon as you earn it
while others prefer to save the money for later. It's a difficult choice faced by
lots of people because of the different attitudes they hold towards money. As
far as I am concerned, I vote for the former choice, which is that it is better for
one to enjoy his or her money as soon as it is earned. Spending money as soon
as possible is my preference because of three reasons as follows.

First, we can observe easily in the modern society that the dominant philosophy
nowadays is 'enjoy your life when you are still young'. Most young adults like
to work for a period of time and then go on for a trip to visit some places they
have never been to. Those trips not only helps them to keep in shape but also
provides them different kinds of knowledge and new perspective in looking at
their environment. Other people spend the money for their leisure, which helps
them to relax and go back to work with enough energy.

In the old days, it is said that people who save money in a bank understand the
philosophy of thrift. Actually, economists say that in the modern world saving
money in a bank is the quickest way to lose it. Moreover, none of the rich
people became rich by getting interests from the bank. Living in a constantly
changing world, we should adjust ourselves to accept the new ways of
investing our money to different areas in order to get the most of it. That is
probably the reason why most of the people nowadays put their money into
business to get a better payback.

The third obvious reason why I prefer spending money rather than saving them
is that it is part of the contribution for the economic growth in our country. If
nobody has the needs to buy stuff from others and the market, nobody will
think about how to produce useful products and sell them to make the most
profits. Some countries continue to lower the interests in order to force people
to spend their money and therefore benefit the society as well as the people
themselves. In this broad view, I prefer spending money rather than saving
them.

In conclusion, I prefer spending money because it benefits ourselves as well as
people around us. It's also important for kids to know how to save money as a
sense of thrift. Nevertheless, spending money is still the best way to make our
lives enjoyable and worthwhile.
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