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The importance of money in life
The importance of money in life
The importance of money in life
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Over the course of a person’s life, many of their values change in many different ways. Money is no exception to this change. When someone is younger, their money values are most likely focused on things that they are wanting rather than things that they actually need. Later on in life, however, their values may change from wants to needs because not only have they aged and matured, but they also have more responsibility and more things that they need to be focusing their money on. No matter what a person’s money values are when they are younger, they are most likely not going to stay the same throughout the course of their lifetime. My money values right now are focused mostly on things that I really need as opposed to what I want. I do …show more content…
First, prioritizing what you need in life and determining what you are aiming to do in life and how you are going to financially achieve your goals is the biggest part of money values. Secondly, saving up your money should be another huge option that should be implemented. Focus on buying what is needed to survive and do good for yourself, and if you don’t need to buy things that you want right in that moment, then save your money and have a good plan in place to fall back on. Finally, keeping a balance of your needs and wants should be a plan to implement. If you are able to take care of both your needs and your wants based on your financial situation, then you are able to use your money to the fullest extent. People have many different forms of money values throughout their lives, and many of them will change over time. People realize that the things that they believed were important while they were younger are not as important as the other things that have been thrown their way. Being able to figure out how to use your money effectively for both needs and wants is the best thing that you can do in life. If you have a good set of money values that you follow, you will be more financially stable for all of the things in life that
Money is a very important attribute to have, but worrying about it too much could maybe get you killed. In the canterbury tales there are two tales. One of them is the pardoner's tale and the other is the wife of bath's tale. I believe that the pardoner's tale is the better tale. (Geoffrey Chaucer) author of (The Canterbury Tales). In the Canterbury Tales the narrator goes on a pilgrimage and for entertainment he has the people he went on the pilgrimage with tell him tales. And he would reward whoever told him the best tale. The pardoner's tale is about three friends who let greed and money get to their heads which end up killing their friendships and themselves. The wife of bath's tale is about a knight who let's lust get to his head instead of loving someone for who they are. Although both tales are great tales and give a great moral lesson, The pardoner's tale is the better tale of the two because of its ability to teach a lesson while still creating a great story.
these sort of things. US people value money, the next thing they are saving up
to love, money makes no matter, be it past, present or future. Love is love, and
All tangible objects have a monetary value. One way to acquire one of these tangible objects is to purchase it. In order to purchase it, you must have funds, and in order to have funds you must have some means of income, most commonly a job. Jobs are hard work, some more than others, and teach one how to have a good work ethic. Having a job and working to make your own money is great, it makes you independent and self sufficient. Earning my own money helps me realize how rewarding hard work is, but it also makes me much more wary about spending it. When I do spend it, I am more careful and cautious about what I buy and make sure
Christians should be content with the home, clothing, and food they have in life. People who love money are greedy and always ask for more but are never happy. Desire for money will cause people to find themselves in misery in this life, and it will cause them to get lost from the faith in Jesus Christ and end up in eternal destruction in hell.
For example, Dittmar (2008) points out a study on UK and Croatian students that revealed more materialistic inclinations in UK students who were more subject to lower well-being in case of conflicts between material and community values. Based on this study, it is possible to draw a conclusion that society defines the value of money and its effects on human psychology. If learning theories suggest that cognitive patterns and paradigms form during childhood when the child is exposed to and accepts external ideas, that explains how people from different cultural backgrounds can perceive the value of money differently and form different motivations for making money. In explaining subjective well-being, the money-making motivations are divided into realistic and unrealistic categories. Scientific researchers explain that realistic goals include financial security, success, worth, and pride, while unrealistic goals include happiness, identity, and overcoming self-doubt (Dittmar, 2008)....
“Because I am female I am expected to aspire to marriage, I am expected to make my life choices always keeping in mind that, Marriage is the most important”. This is a series of lyrics from Beyoncé’s song Flawless. This quote is important because I feel this pressure when I am supposed to talk about ‘a rich and fulfilling life’. I almost feel obligated to mention ‘a family’ as one of my requirements to a rich and fulfilling life. As a woman, society expects me to mention children and a husband to complete my life. However, I don 't want to take the traditional route. To me, a rich and fulfilling life can mean different things. Important values to me revolve around my goals and dreams in life. I think a rich and fulfilling life to me includes
Your financial habits as a youth will usually follow you into your adulthood. As you grow older hopefully the amount of money you make will not be the cause of you acting like you are too good but it will humble you. Hooks described how she didn’t share the sensibility and values of her peers. Class disparity was important, it wasn’t just about money but about values which showed and determined a person’s behavior. A child develops certain desires and situations as he/she passes through childhood. While attending Stanford University, Hooks white, middle-class, Californian, roommate explained to her that hatred was “healthy and normal” (Hooks 419). Later on while attending graduate school she found that her classmates believed “lower class” people had no beliefs and values (Hooks
It’s not how much money you have that matters, but how you spend it. You can spend as little amount of money on something that can make you happy. Mandi Woodruff, a personal finance vertical for Business Insider argues that "experiences provide more happiness than material goods in part because experiences are more likely to make us feel connected to others," (Woodruff). Many of us are more focused on getting more money than buying more time. Many people get too caught up in either working hard to make more money or to save money. But what really matters is how much time we spend earning
In conclusion, the best way to manage your money is to keep a budget and record all your transaction to see where your money is going. Living with a budget isn’t the easiest thing in the world, but it can be a great alternative to worrying about how you are going to pay for your expenses. Budgeting allows you to create a spending plan for your money; it ensures that you will always have money for the things that are important to you. Following a budget will also keep you out of debt. If you don’t balance your budget and spend more than you make, you will have financial problems. Many people don’t realize that they spend more than they earn and slowly sink deeper into debt every year.
help. Eventually people reach a point in which they believe that money should be obtained
..., a person who earns $25,000 is happier than a person who makes $125,000 and an employee who makes $500,000 is only slightly happier than someone who makes $55,000. Lastly, there are more important things in life that and make you happy, for example, friends. They don’t come with a price tag, and if they do, you definitely need new friends. Money won’t make you happy since good times can’t be bought. You don’t need a fancy vacation to have a good time; it’s just a matter of who you spend it with. Over the years, humans have blown the value of money way out of proportion. People make it seem like if you’re not filthy rich, then you won’t live a good life but it’s not true. You can lack money and yet still live a perfect, happy life.
Is there anyone in this world who does not want to be rich? The first thing that crosses the people’s mind while choosing job is money. Money plays a vital role in one's life and most of the people are motivated to perform well in their jobs for money. Money is the reason what drives people to work better. In most cases, money greatly works. People are motivated to perform better by receiving monetary incentives like wages, salaries, allowances, bonuses, retirement benefits, etc. But, money doesnot always contribute in influencing people towards the work. This essay will discuss the arguments that are both for and against money being the key motivator and suggest that money is not always the best motivator.
Money presents in so many aspects of life. It seems that almost everything can be bought, with the high value attached to money. People are very addicted to money because of the idea that if you have money, you have the success, popularity, power and acceptance. But, there is always danger in losing values such as love for sports or being a hardworking person. A good example is the current trend in sports wherein top players in football or basketball are only interested in picking up their paycheques more than genuinely loving sports and achieving success in terms of being the best athletes they could be (Money is not the motivation 2004). There are nagging thoughts of what the real motivation is for entering a venture as the importance of money is becoming more and more hard-hitting these days.
It seems only natural that happiness should flow from having more money. Even if they don’t admit it, people still behave as though it were true. More money means you can have what you want and do what you want. The house you dream of? It’s yours.