Many people prefer to spend all the money they earn and not save any thing. What are the reasons for this? Is this a positive or negative development? Give reasons for your answer and include any relevant examples from your own knowledge or experience.

Nowadays, more
people
prefer to spend all the
income
they earn and not save any thing for the
future
.
Due to
their negative mide set towards life they are not aware of consequences in
future
they will face.
Firstly
, Discussion with today's generation negative aproch towards their
future
. Nowadays,
people
more irresponsible they should understand how to balance and save
money
for
future
also
they need to understand and most importantly value the
money
they earn.
For example
: Ram is earning 20,000 rupees per month and he prefer to spend all the
money
in
future
if any kind of situation will come he will unable tackle.
Therefore
, todays youngster have bad mind set towards
money
saving they think they earn they can do anything they want why to take too much pressure about the
future
.
Secondly
,
People
should know how to save
money
because if they save few amount from their
income
that will help them only in
future
. How can they save
money
? They should study or grap the knowledge about saving
money
they should invest some
money
in different different growing stocks,
also
have different acounts to save and secure their
future
.
for example
: Ram earn 50,000 rupees he has divided his
income
several parts few amount of his
income
he buys stocks and few amount are saved in different
income
every month.
this
is the positive
income
development.
while
, concluding my thoughts I understand todays
people
has to understand the
money
psychology because nowadays,
people
are growing with wrong mid set. they need to respect the
money
and use and save the
money
for the
future
. At
last
, I would like to say "Todays you save
money
, tomorrow
money
will save you"
Submitted by lizasingh1726 on

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