In this age of the complex economy, how to use money effectively is a complicated problem. Some people support the view that it is better to save money than to spend it. But in my way of thinking, spending money and saving money are both advisable
Firstly, it is good to have some saving money in unexpected or unfortunate circumstances. In short, people who had their own savings may help them with the stressful situation or having financial problem. To my mind, i believe that saving money in terms of insurance is a careful preparation in order to arising incident in the future. Saving money is also a way to invest because the investors will get interest for saved money. For example, some retired family may have the interest to fulfill their daily needs. On the other hand, money is a tool, a tool you can use to buy everything you want, to enjoy your life. I definitely think that spending money is another way for you to reward yourself after hard working days
Finally, you must strike the balance between saving and spending, conservative with your money, while at the same time spending enough to enjoy it without going too crazy. You should also not just save without spending some for yourself, it's bad for both you and your money.
To conclude, though saving is an essential preparation for a human life but spending money also has its own benefits
In this age of the complex economy, how to
use
money
effectively
is a complicated problem.
Some
people
support the view that it is better to save
money
than to spend it.
But
in my way of thinking,
spending
money
and
saving
money
are both advisable
Firstly
, it is
good
to have
some
saving
money
in unexpected or unfortunate circumstances. In short,
people
who had their
own
savings
may
help
them with the stressful situation or having financial problem. To my mind,
i
believe that
saving
money
in terms of insurance is a careful preparation in order to
arising
incident in the future.
Saving
money
is
also
a way to invest
because
the investors will
get
interest for saved
money
.
For example
,
some
retired family may have the interest to fulfill their daily needs.
On the other hand
,
money
is a tool, a tool you can
use
to
buy
everything you want, to enjoy your life. I definitely
think
that
spending
money
is another way for you to reward yourself after
hard working
days
Finally
, you
must
strike the balance between
saving
and
spending
, conservative with your
money
, while at the same time
spending
enough
to enjoy it without going too crazy. You should
also
not
just
save without
spending
some
for yourself, it's
bad
for both you and your money.
To conclude
, though
saving
is an essential preparation for a human life
but
spending
money
also
has its
own
benefits