It is a truth that, people of various age groups have a diversity in their thoughts. For example, the young generation always talks about spending money for its luxurious need like car, hotel, travel, etc. and the age old people are always of the feeling that instead of spending money senselessly, one should save and invest his money while one works, so that it could benefit them in the future.
If a person chooses to spend money during his formative years, he could enjoy his life to the fullest. Spending money in this case doesn't imply that he wants to live a materialistic life, it applies that he wants to enjoy his present life instead of thinking about his future. If a person thinks about saving and investing money so that it will be of great advantage for him in the future, he is killing his present day desires. He can spend money for his relaxation, recreation, enjoyment, getting energy and becoming enthusiastic for resuming his daily routine work once again, after a break. So, in this case, spending money in the present is better, than thinking about coming times ahead.
Just like every coin has two sides, there are also some demerits of choosing to spend money during the working period. If it happens that, he lives longer than what he had expected, or there happens to be some medical emergency like accident or a serious disease when he becomes older, there would be a financial crisis in his life. Then, he would realize the fact that he could have saved and invested some money, so that it could be of great advantage to him during such crisis. Although we agree, that by saving and investing money during our young ages, we are sacrificing our desires a little bit, but these sacrifices would be of great use to us in coming times.
Thus, we should do a proper planning of our budget earlier, so that we could spend our money more wisely and sensibly, so that we can not only enjoy our present day desires, but also we could live a less stressful life during our winter of life.
Thus, I shall conclude my essay by saying that " A stitch in time saves nine", that is, if we spend our money in a planned manner during our present, it would definitely be of help to us in the future.
It is a truth that,
people
of various age groups have a diversity in their thoughts.
For example
, the young generation always talks about
spending
money
for its luxurious need like car, hotel, travel, etc. and the age
old
people
are always of the feeling that
instead
of
spending
money
senselessly
, one should save and invest his
money
while one works,
so
that it could benefit them in the future.
If a person chooses to
spend
money
during his formative years, he could enjoy his
life
to the fullest.
Spending
money
in this case
doesn't imply that he wants to
live
a materialistic
life
, it applies that he wants to enjoy his
present
life
instead
of thinking about his future. If a person
thinks
about saving and investing
money
so
that it will be of great advantage for him in the future, he is killing his
present
day desires. He can
spend
money
for his relaxation, recreation, enjoyment, getting energy and becoming enthusiastic for resuming his daily routine work once again, after a break.
So
,
in this case
,
spending
money
in the
present
is better, than thinking about coming times ahead.
Just
like every coin has two sides, there are
also
some
demerits of choosing to
spend
money
during the working period. If it happens that, he
lives
longer than what he had
expected
, or there happens to be
some
medical emergency like accident or a serious disease when he becomes older, there would be a financial crisis in his
life
. Then, he would realize the fact that he could have saved and invested
some
money
,
so
that it could be of great advantage to him during such crisis. Although we
agree
, that by saving and investing
money
during our young ages, we are sacrificing our desires a
little bit
,
but
these sacrifices would be of great
use
to us in coming times.
Thus
, we should do a proper planning of our budget earlier,
so
that we could
spend
our
money
more
wisely
and
sensibly
,
so
that we can not
only
enjoy our
present
day desires,
but
also
we could
live
a less stressful
life
during our winter of life.
Thus
, I shall conclude my essay by saying that
"
A stitch in time saves nine
"
,
that is
, if we
spend
our
money
in a planned manner during our
present
, it would definitely be of
help
to us in the future.