Some people think the money they earn should be enjoyed by spending it now, while others think they should save their earnings for the future. Discuss both views and give your opinion.
Nowadays, people have different perceptions of enjoying life. A section of society deems that remuneration earned should be spent to live life to the fullest, or it should be accumulated to have a better tomorrow. This essay intends to discuss both viewpoints with my logical opinion.
First of all, people who burn all their earnings for happiness believe that they should live their life to the best. There are certain expenses that cannot be curtailed. For instance, we all need food and clothes to wear. Some of us also have a responsibility to take care of our children, parents, or spouse. In addition to this, they should invest some money in recreational activities to live a stress-free life. To exemplify, people should go out for vacations once a year to relax and enjoy quality time with their friends and family. Thus, all these are good reasons to spent money.
On the other hand, saving money is vital for a bright future. Life is full of ups and downs, and we cannot anticipate about future. For example, during this pandemic, the unemployment rate has been increased as a result of putting people in financial crisis and derail their course of life. Therefore if we shell out all our earnings to the current life, we won’t be the ability to face and overcome situations like covid 19. Furthermore, we can enjoy an independent life during our twilight years with this saved amount. Hence, it is mandatory to save money.
In my opinion, even though instant gratification might provide joy at that moment, however, in delayed gratification where one is not only self-sufficient but also has a vision for their future generations.