In today’s consumer world, there is an opinion asserting saving money is more advisable compared to simply splash it out. Having said that, I utterly agree with the given statement on the basis of some compelling reasons which will be discussed in details.
To begin with, one of the most rational justifications in support of this mindset is that we live in a fast-changing world which is full of unexpected events; to put it differently, it is an absolute necessity to have a reserve of funds in case of emergencies, including unemployment, illnesses or other crisis in some points in life. Furthermore, if there are no proper plans for managing earnings, not only are individuals bound to put themselves at risk of reckless spending, but worse they are prone to lead a wildly extravagant lifestyle; for instance, by purchasing frivolous or unnecessary items particularly those luxurious ones while it might just give them some momentary pleasures. Lastly, those who tend to have a disciplined style of living and save regularly some amounts of their income, even if it is relatively insignificant, they are more likely to accumulate vast sums of money in long-run which in turn can be used to meet their targets, for example purchasing a car or property.
It might be said that people make money to enjoy a better life and make the most of every moment of their lives. Despite this, it seems that for many people, these pleasures are momentary and outweighed by issues, such as becoming stuck in deep financial problems.
To conclude, there are a multitude number of benefits in saving money, ranging from avoiding excessive sending to fulfilling our long-term goals which are achievable through appropriate saving scheme.
In
today
’s consumer world, there is an opinion asserting saving
money
is more advisable compared to
simply
splash it out. Having said that, I
utterly
agree
with the
given
statement on the basis of
some
compelling reasons which will
be discussed
in
details
.
To
begin
with, one of the most rational justifications in support of this mindset is that we
live
in a
fast
-changing world which is full of unexpected
events
; to put it
differently
, it is an absolute necessity to have a reserve of funds in case of emergencies, including unemployment, illnesses or other crisis in
some
points in life.
Furthermore
, if there are no proper plans for managing earnings, not
only
are individuals bound to put themselves at
risk
of reckless spending,
but
worse they are prone to lead a
wildly
extravagant lifestyle;
for instance
, by purchasing frivolous or unnecessary items
particularly
those luxurious ones while it might
just
give them
some
momentary pleasures.
Lastly
, those who tend to have a disciplined style of living and save
regularly
some
amounts of their income, even if it is
relatively
insignificant, they are more likely to accumulate vast sums of
money
in long-run which in turn can be
used
to
meet
their targets,
for example
purchasing a car or property.
It might
be said
that
people
make
money
to enjoy a better life and
make
the most of every moment of their
lives
. Despite this, it seems that for
many
people
, these pleasures are momentary and outweighed by issues, such as becoming stuck in deep financial problems.
To conclude
, there are a multitude number of benefits in saving
money
, ranging from avoiding excessive sending to fulfilling our long-term goals which are achievable through appropriate saving scheme.