Many people believe that they should spend money to enjoy life at present.others however, think they should save it for the future. Discuss both views and give your opinion
Some argue that the wage should be deployed to entertain the present, whereas others declare that the money should be deposited for the
future
requirements. My personal perspective is although
spending on the recreation is vital in a satisfied life
, saving is imperative to ensure a secure prospective.
To begin
with, entertaining the current moment is essential to generate the fulfilment. In fact, consuming the income on such
activities not only provides the mental relaxation and satisfaction, but also
, improves social relationships and allow people to spend a pleasurable life
which is the ultimate aim of the every conduction. For an example, in the UK, some people utilize their total income to entertain their life
through travelling around the world because they think the enjoyment which acquires through such
experiences is worth enough than saving for the planned. However
, I disagree with this
notion because excessive spending on entertainment makes an individual vulnerable to future
financial constraints.
On the other hand
, saving is integral for a better and safe future
. This
is because, one should be financially strengthened not only to confront with unpredictable calamities such
as losing jobs or ill health, but also
to cater the future
goals such
as education or construction of a house. For an instance, during the recent global economic downturn, many in Sri Lanka lost their employments and the party who had adequate savings for the future
could survive successfully during this
hardship. Hence
, I agree with this
school of thoughts because the stability of the life
is achieved through proper financial management.
In conclusion, despite enjoying the moment through spending on entertainment is necessary for a pleasurable life
, what is more important is the construction of a safe and better future
through developing a stable financial foundation.Submitted by drkanchanaamarasingha on
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