It is better to save money than spend it. How far do you agree with this statement? It saving more important than spending in today’s world?

Most peoples in current society tend to believe that saving is the most important thing while others believe that because the value of

money

has been deducted due to inflation

thus

we should spend all the

money

we earn for good memory. I mostly agree with the idea of accumulating

wealth

but I

also

understand why some

people

prefer to spend all the

money

without any consideration or receiving suggestions from professional talents. To begins with, some finance professor believes the habit of accumulating

wealth

will become the strongest protection if any kind of issue suddenly comes to your face.

For example

, If you have just been through a failure on investment or business or you need a huge amount of

money

because of illnesses

then

at least the

money

you save over time passes might help you out of the current situation.

Moreover

, psychologically scientists say that enough

wealth

makes

people

feel comfortable and relaxed. Eventually, that evidence and examples effectively show the advantage and benefits saving can bring to you.

On the other hand

, numerous groups think that

instead

of keeping all the

wealth

for no reason spending to improve their living standards seems to be more reasonable during the period of inflation around the world. specifically, if the value of

money

will decrease day after day

then

spending on cars, houses, and clothing will become the other

way

of investment. Many economic professors warn that

people

should transfer all their

wealth

to physical items before bubbles of inflation break. Ultimately, the statement makes the idea more reasonable. To conclude, either ,

way

have both advantage and disadvantage, depends on what kind of life you expected to have. The

first

way

might be more effective for those

people

who prefer stable life while the

second

way

is for

people

who have more demands on amusement.