The question of whether to save or spend money is very topical today, as so many people are struggling financial worries. There are valid arguments on both sides, which I will discuss now.
The ability to manage personal finance has been increasingly popular during the last years. While one part of the population claims that earnings must be spent whenever it is possible, others tend to think that they must be saved in banks. There are valid opinions on both sides, which will be discussed now.
With regard to keeping finances calculative and secure for the future is more commendable option to lead a satisfactory life for some people. Meanwhile, some group of people believes that one should lead his/her life to the fullest and to do so there is no other alternative rather than investing capital in one's desirable thing. But the possibility for both the process are very different and result in variation to the destination of life. So, both the decision is good at the same time bad for various events of our life. Thus, it totally depends on the demand of the person from his life that which path will be more beneficial for him. Now, we should look upon the possible outcomes for both the ways of handling finances.