Money plays vital role in people's life. In present times, every person involved in monetary transactions whether it it's about to earn or spend. Some believe it is important to save money to face any critical situation near future while others believe spending money for their recreation is the best way to live life. In this essay, I will be explained both arguments and express my views.
On the one hand, some people argue that preserving money for a rainy day is the best choice they have. Firstly, families who support the context of preserving money make the budget of all their expenses for a month. Here, my point is, people listed their expenses like accommodation rent, electricity bill, children's school fee etc. After meeting all these expenditures from income, they save arrears. Secondly, people in period of inflation use their savings to balance the books. Thus, citizens evaluate their costs and preserve arrears to face a rainy day.
On the other hand, some citizens support the idea of spending money for their recreational purposes. For instance, they enjoy while spending money on trips, holding parties and other fun activities which bring happiness in their lives. Though, people merely thought about present times and want to establish the best moments. In addition, people who loves to spend money do not care much about the thought of savings.
Thus, in my opinion, nothing is better than living in a moment and creating memories with family and friends. Spending lavishly could be harmful for anyone, therefore a perfect balance between spending and savings can be maintained.
Conclusively, both arguments are acceptable. I mentioned my reasons previously but in my view to create a balance between savings and consumptions would be beneficial for people.
Money
plays vital role in
people
's life. In present times, every person involved in monetary transactions whether
it it
's about to earn or spend.
Some
believe it is
important
to save
money
to face any critical situation near future while others believe
spending
money
for their recreation is the best way to
live
life. In this essay, I will be
explained
both arguments and express my views.
On the one hand,
some
people
argue that preserving
money
for a rainy day is the best choice they have.
Firstly
, families who support the context of preserving
money
make
the budget of all their expenses for a month. Here, my point is,
people
listed their expenses like accommodation rent, electricity bill, children's school fee etc. After meeting all these expenditures from income, they save arrears.
Secondly
,
people
in period of inflation
use
their savings to balance the books.
Thus
, citizens evaluate their costs and preserve arrears to face a rainy day.
On the other hand
,
some
citizens support the
idea
of
spending
money
for their recreational purposes.
For instance
, they enjoy while
spending
money
on trips, holding parties and other fun activities which bring happiness in their
lives
. Though,
people
merely
thought
about present times and want to establish the best moments.
In addition
,
people
who
loves
to spend
money
do not care much about the
thought
of savings.
Thus
, in my opinion, nothing is better than living in a moment and creating memories with family and friends.
Spending
lavishly
could be harmful for anyone,
therefore
a perfect balance between
spending
and savings can
be maintained
.
Conclusively
, both arguments are acceptable. I mentioned my reasons previously
but
in my view to create a balance between savings and
consumptions
would be beneficial for
people
.