It is argued that a growing number of workers struggle to have to good work-life balance. This essay will suggest that the principle cause of the problem is overspending and submit financial management as a viable solution, followed by a reasoned conclusion.
The main cause of employee not being able to balance work and life is the excessive spending of money on entertainment goods. The majority of people in the world today spend most of their salaries for leisure and extravagances, such as concert performances, and refer to these activities as an ubiquitous part of modern-life. If this is done continually, it will result in overtime work to cover all the cost and fulfilling daily needs. For example, a recent study by MIT shows that 10 out of 15 US citizens spend 64% of their budgets on recreational activities, mostly on movie tickets and musical concerts. Moreover, when 100 of them were interviewed, they admitted to have struggled balancing expenditures and incomes, therefore had to work long hours including on weekends.
The most practical solution to this problem is to encourage financial organization, particularly on expenses. This will help workers to record how much they spend and warn them every time a specific limit is reached as well as which sectors they deplete in the most so that overspending can be avoided. For instance, a survey conducted by TapCash, a commercial company specializing in financial managing, shows 87% of its audiences feel helped by the app on balancing their cash and although hesitant at first, have gradually reduced their work hours.
In conclusion, this essay suggests that high expense for recreational purposes contributed mainly to the imbalance work and life issue. This can be tackled by setting management for finance to record spending so that excessive spend can be curbed.
It
is argued
that a growing number of workers struggle to
have to
good
work-life balance. This essay will suggest that the
principle
cause of the problem is overspending and submit financial management as a viable solution, followed by a reasoned conclusion.
The main cause of employee not being able to balance
work
and life is the excessive spending of money on entertainment
goods
. The majority of
people
in the world
today
spend
most of their salaries for leisure and extravagances, such as concert performances, and refer to these activities as
an
ubiquitous part of modern-life. If this
is done
continually
, it will result in overtime
work
to cover all the cost and fulfilling daily needs.
For example
, a recent study by MIT
shows
that 10 out of 15 US citizens
spend
64% of their budgets on recreational activities,
mostly
on movie tickets and musical concerts.
Moreover
, when 100 of them
were interviewed
, they
admitted to have
struggled
balancing
expenditures and incomes,
therefore
had to
work
long hours including on weekends.
The most practical solution to this problem is to encourage financial organization,
particularly
on expenses. This will
help
workers to record how much they
spend
and warn them every time a specific limit
is reached
as well
as which sectors they deplete in the most
so
that overspending can
be avoided
.
For instance
, a survey conducted by
TapCash
, a commercial
company
specializing in financial managing,
shows
87% of its audiences feel
helped
by the app on balancing their cash and although hesitant at
first
, have
gradually
reduced
their
work
hours.
In conclusion
, this essay suggests that high expense for recreational purposes contributed
mainly
to the imbalance
work
and life issue. This can
be tackled
by setting management for finance to record spending
so
that excessive
spend
can
be curbed
.