some people think the money they earn should be enjoyed by spending it now,while others thinks that their earnings should be saved for future.discuss both views and give your opinion.

Money

is a pivotal resource for sustaining a decent

life

. There are contrasting views on spending or saving it which will be elaborated on in

this

essay.

However

, I opined that we should strike a balance between spending and saving the most significant asset. Considering the former proposition of the statement, I agree that it is easier to disburse the earned

money

on various things in

life

. It is undeniable that to enjoy different experiences in

life

, we need to spend

money

.

For example

, one can travel to multiple places around the world to gain experiences of many cultures. We can

also

have a better standard of living by spending

money

. To illustrate, it is refutable that you can get improved education and health facilities if you invest your capital in a good school and reliable health insurance respectively.

Hence

, in order to enjoy different pleasures of

life

and live a good quality

life

, you should shell out your income.

Conversely

, looking at the latter clause of the argument, people should not only keep wasting their funds.

This

means that a person should

also

think towards a secure future , for that we have to save our income at a young

age

. There are many benefits of saving your finances at a young

age

.

For instance

, you can be self-reliant in your old

age

if you invest from an early

age

. You may find many government and private investment plans for

this

. Name some of them, Public Provident Fund and many other private saving schemes.

Therefore

, you may start economizing your funds to relish your old

age

. To sum up, I stand at a point where we should balance our assets into spending and saving.

Although

it is quite easier and tempting to spend more in our adulthood, we should

also

be considerate about our future.