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.
First
, let us come to the point of saving
money
. Well, saving
money
is a praise worthy decision in order to pursue our dreams. We can ensure the security of our goals and big plans through savings. To quote Mark Bran " The biggest enemies of our
life
are our bills, the more we owe
the more we stress
the more we stress the more our focus deviate from our goals".
Thus
we can see how the savings can relieve us from our stress.
In addition
to
this
fact, I would like to add that a short term loan can fulfil our small desires, but it confirms a handful of debt for our future.
On the other hand
, if we could sacrifice these small desires and save
then
we would be able to fund capital to buy our dream house. As far as I am concerned, everybody aims to secure a better
life
for their
next
generation and by saving
money
they can ensure to grant
such
life
to them. Again, it is a matter of fact that
life
is very unpredictable and troubles can arise in our
life
in different forms,
such
as: pandemic, losing job suddenly, to repay a huge amount of loan all
a sudden etc.
This
obstacle might compel us to beg before any person for financial help which would hurt the honour of our family by a mark of disgrace. So, it's better to prepare before it's too late. And so our savings would help us to overcome
such
obstacles and maintain our respect.
On the contrary
, to take
this
advice on saving
money
too seriously would put us down in front of everyone. Because our serious behaviour towards not spending
money
would award us with frugal
life
. We might lose friends and people may judge us for our cheap lifestyle.
Moreover
there is only
one
life
and everyone should enjoy it according to their affording capacity. But the intense tendency to save
money
will not allow us to enjoy our
life
to the extend we could.
Besides
, our objective to save maximum
money
may deprive our nearest
one
to get their fundamental requirements. As a consequence, it would create a bad image of ours to our family members.
In addition
, we would bear a lifelong tension of how we could save more amount of salary.
To sum up with
both
the arguments, it is clear that
both
the mindset is useful and harmful at the same time. So,
one
should give importance to balance
both
the pathways and not to take any pathway so seriously that it would have a bad impact on our
life
.