Some people think that it is best to save money, for example in a bank or savings scheme. Other people feel that money should be spent whenever it is available. Discuss these views and reach an opinion on this debate.

The richest persons of the world generate capital by investing and saving their valuable assets. Many entities save stock in a financial institution or in other savings schemes, because it benefits a lot of human beings by protecting their valuable assets from any sort of theft or extravagant use, while others believe, available abundance should be spent without any savings. Certainly, saving security boosts affluence, which often is valuable to the holders on different activities or under any urgent circumstances.

For instance

, in the USA a numerous number of people contribute to making funds with the help of banks or other saving schemes. In fact, savings not only increases the liquidity of the banks but

also

increase personal prosperity.

Moreover

, a crucial time of their life can be settled by their personal fund.

Nevertheless

, a group of individuals

also

believe as wealth should be spent, while it is available to us. In my view, saving payment potentially raise property, and supports families in an emergency situation and everyone should save capital,

however

, using currency extravagantly may cause crisis in life, sudden bankruptcy in businesses.

Furthermore

, advocates of saving often point out that without a reserve of funds for emergencies, unemployment or illness, people are putting themselves at risk of hardship or even bankruptcy.

This

is especially true in the current economic situation.

Lastly

, on

this

side of the debate, people emphasize the need to accumulate wealth during one's lifetime, so that one's children can inherit checks or property, which will increase their security and standard of living. In my opinion, I tend to agree that it is wiser to save bills wherever possible, for reasons which benefit both individuals today and future generations.