It is important for people to take risks, both in their professional lives and personal lives. Do you think the advantages of taking risks outweigh the disadvantages?

The question of whether to take a

risk

or not is a controversial topic today, as

people

are facing many opportunities during their lives which are risky as well. Taking risks have got gains and losses which I will discuss now. The major benefit of taking a

risk

is feeling confident and being active in your life.

For example

, when

people

stick their necks and leave their jobs in order to start their own business, they would feel they have got sufficient control over their lives and

this

would significantly improve their confidence.

Furthermore

, taking risks, usually lead to a better situation than in the past.

For instance

, it is seen when

people

run their own businesses, which is a real liability, or change their occupations, they achieve a higher income or salary in their new situation.

On the other hand

,

this

debate has got some ill effects as well. Gambling always comes with enormous stress and anxiety.

For instance

, if someone is doing a risky business, he would be worried about the consequences,

such

as money loss and etc.

Consequently

,

this

anxiety could lead to serious psychological impacts. A

further

disadvantage would be the failure. Every single

risk

has got the possibility of failure. So, if you are taking a

risk

you might lose your money and in a world with

such

financial turmoil,

this

would be a disaster.

To conclude

, taking risks is needed in everybody's life,

while

it is essential for

people

to feel confident and improve the levels of their lives,

although

there are some cons to

this

debate.