Money has become a source of happiness for many individuals. Some people assert that it has impacted more as compared with other factors. This essay will outline, what I personally view, about the optimal utilization of funds and how other aspects are also vital for leading an ideal life.
In the current age, appropriate allocation of savings has become necessary for following reasons. To begin with, investing a certain amount of money in certain areas, can be considered as a primary consideration because of the possibilities of maximum returns. In other words, it can act as a medium for growing numbers. Moreover, this can also become as a security for the forthcoming life. For instance: One of the classic illustration that could be cited is investment in Gold or Property. People believe that spending on them at a right time can result in prosperous outcomes.
Secondly, holding an insurance is an intelligent action that can be taken by anyone. It can save a person from uncertainties that may arise in the future. Consequently, in these situations, one can resort to rely on the insurance companies rather than incurring expenses by own. For example: Many people take medical insurance so that they can claim themselves or their families, in case of disabilities or severe medical conditions, from such organizations.
Admittedly, there are other aspects which shall be taken into consideration for leading a happy life. First and foremost is the physical and mental health of an individual as without it everything is vague. There is no denying that relationships are also considered more important for a person’s happiness.
In conclusion, despite the fact that a rational approach in the utilization of money can become fruitful, I would also concede that there are other aspects, which also contribute for the well being of an individual.
Money has
become
a source of happiness for
many
individuals.
Some
people
assert that it has impacted more
as
compared with
other
factors. This essay will outline, what I
personally
view, about the optimal utilization of funds and how
other
aspects are
also
vital for leading an ideal life.
In the
current
age, appropriate allocation of savings has
become
necessary for following reasons. To
begin
with, investing a certain amount of money in certain areas, can
be considered
as a primary consideration
because
of the possibilities of maximum returns. In
other
words, it can act as a medium for growing numbers.
Moreover
, this can
also
become
as a security for the forthcoming life.
For instance
: One of the classic illustration that could
be cited
is investment in Gold or Property.
People
believe that spending on them at a right time can result in prosperous outcomes.
Secondly
, holding an insurance is an intelligent action that can
be taken
by anyone. It can save a person from uncertainties that may arise in the future.
Consequently
, in these situations, one can resort to rely on the insurance
companies
rather
than incurring expenses by
own
.
For example
:
Many
people
take medical insurance
so
that they can claim themselves or their families, in case of disabilities or severe medical conditions, from such organizations.
Admittedly
, there are
other
aspects which shall
be taken
into consideration for leading a happy life.
First
and foremost is the physical and mental health of an individual as without it everything is vague. There is no denying that relationships are
also
considered more
important
for a person’s happiness.
In conclusion
, despite the fact that a rational approach in the utilization of money can
become
fruitful, I would
also
concede that there are
other
aspects, which
also
contribute for the
well being
of an individual.