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Advantages of spending wisely
Importance of spending money wisely Essay
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When someone works hard to earn their money I believe it is up to that person how they want to spend it. According to Peter Singer (“The Singer Solution to World Poverty,” in G. Muller’s The New World Reader, pp. 361-368), it is immoral to spend money unnecessarily when that money can be used to help a starving child. I disagree with this statement. I am going to discuss my opinion on poverty and how I believe that spending money unnecessarily is not immoral.
I believe that I some has worked hard for their money they have every right to spend it on whatever they want. However I do believe that people who do make enough money should give back to the less fortunate. Saying that spending money unnecessarily is immoral brings one question to mind; what exactly is considered to be unnecessary when it comes to spending money? This question has a wide variety of answers.
Some people can argue that something as little as a girl getting her nails done is unnecessary while others may say owning several cars and homes is unnecessary. I personally believe that neither of these are unnecessary. I believe that if someone wants something even if they already have a similar item to the item that they want and they worked hard for their money they should be able to get it and not be considered an immoral person. When you work hard for your money you work hard to spend the money on yourself not to give it all away, although I do believe you should give some away.
I believe people who have enough for themselves should give back to the needy. But that brings up the question what exactly is enough. To me a person has enough money when they have enough to survive and a little extra for other things. Once a person has that I believe that they can af...
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... that governments want poverty. When a country has a lot of poverty in a governments eyes that means a country is weak. When a country is weak that makes it easier for them to be controlled. I believe this is reason why poverty is on the rise today.
I believe that the western countries today purposely keep third world countries in poverty despite what they might say. Countries like America claim to help poor countries yet we rarely see any type of change. I believe this is because Western countries have claimed a lot of poor countries as their territory and one of the ways to prevent rebellion and keep control is to keep the country and the people on it poor and starving. By keeping the people poor it makes them more grateful when the dominant country actually does give to them. The poor people of the country see it as kindness when actually it’s just a strategy.
“Proper society did not think about making money, only about spending it,” said Barbara W. Tuchman. This quote shows our real world, and the people that spend money, but they forget about the value of money. Nowadays people want more than they have. They forget how many things they have and how much money they spend. Most people when they see people having something better, they think that they need it also. Also, people forget how hard they get that money, but how easily and quickly they spend it. In the article “The Treadmill of Consumption” by Roberts, he says that people are willing to go into debt to buy certain products and brands. That is right that people can do crazy things to buy certain goods. Sometimes people
Most people feel that they should help the needy in some way or another. The problem is how to help them. This problem generally arises when there is a person sitting on the side of the road in battered clothes with a cardboard sign asking for some form of help, almost always in the form of money. Yet something makes the giver uneasy. What will they do with this money? Do they need this money? Will it really help them? The truth of the matter is, it won't. However, there are things that can be done to help the needy. Giving money to a reliable foundation will help the helpless, something that transferring money from a pocket to a man's tin can will never do.
Did you have a cup of coffee today? Or maybe you went shopping for that new shirt for the summer? Your money could be going to a better cause. Of the 7.15 billion people on Earth today, approximately 2.4 billion people live on less than two dollars and day, and 1.4 billion people live on less than $1.25 a day. More than eight-hundred people go to bed hungry, and more than one million people do not have access to clean drinking water. The amazing stat is that over eighteen thousand children die per day from diseases that are preventable. Kids die from a multitude of cause such as diarrhea, malaria, malnutrition, and disease. (Abbate, Global Poverty, 2014) Each could be prevented with the money you spent on that nonessential item for yourself. Most people do not seem to do this because of the out of sight out of mind principle. Since we never get to see how our aid actually helps those across the world, individuals are less inclined to help. In his article ,“The Singer Solution to World Poverty” (Landau, 2012) Peter Singer provides a unique argument in that he believes that we are no different than a murderer because we had the capability to stop it and didn’t do so. We have the ability to give what we essentially waste to maximize the happiness of another person and reduce poverty around the world. There are many charities out there, that can take the little money that we have or need to give, and can distribute it to help a magnitude of people worldwide. In this paper, I am arguing that we should give what money we can to relief and aid organizations in order to reduce global poverty because it is our duty to maximize the happiness around us.
Because of a few notable people who exhibit strong negative behaviors such as greed, you discount the entirety of the human population are bearing these traits. However, not everyone has these characteristics. There are many people who donate money to charities such as Doctors without Borders or to the Red Cross or donate their time through volunteer work. Even I have done both of these at one point or another. There are definitely people out there who donate their time or money simply because they expect and want attention and respect in return. However, not everyone
Most people of the society still blame the poor for their own predicament. They believe that "if there is a will there is a way". However, they do not think about their government that might had made bad decisions and policies that could actually harm successful development. This causes of poverty and inequality are usually less discussed and often neglected. We must recognize the effects poverty could have on the society and seek ways to create better understanding and resolve the issue before it is too late.
...money at all does not define the type of life the young boy or girl will receive. A couple who cannot spend that sum of money is just as capable as giving a child a good home as a couple who has millions of dollars can. Sure the less wealthy couple may not be a able to give their son or daughter the latest technology or fads, but they are more than capable of giving him or her love, care, and a place to call their home. Correct me if I am wrong, but that is what really matters. One cannot put a price on something as precious as family.
Poverty itself is a controversial and widely debated issue with a variety of opposing viewpoints. Despite differences in opinions on how poverty should be treated, the vast majority agrees that poverty is a problem plagues the nation on both economic and social levels. Economically, poverty affects everyone. As taxes are paid by the entire nation, poverty influences where our money goes and how it is spent. Socially, poverty affects families and individuals on an emotional level. Impoverishment affects happiness and health, the decisions people make, and most importantly the development of children. To best understand poverty, one must look at the issue economically and socially, and contextualize the numbers surrounding poverty as well as
There are many factors of poverty but before getting into that I would like to state that being rich is not just about having money. You can be rich in health, you can be rich in character, and you can even be rich in the love you receive or provide. Many, take for granted of the small things that can’t be purchased. When all of the materialistic things are gone, all you’ll have left is the person you have become and the soul you keep. Poverty has been around for quite some time, back when agriculture was as rich as technology is now. Let’s face it technology has consumed America. I say America because if you go to a third world country many don't have the luxury of ever coming close to owning an iPhone, you’ll mention iPhone and they’ll stare at you in awe. IPhone is a great example of how profound poverty in America continues to be. The sales for the iPhone 4 devices sold were 1.5 Million! There were people purchasing this new device when they knew they could not afford it. What drove them to buying? The needs to have the newest technology, there’s a difference from the wants you buy and the things you need. 9 out of 10 of the things you want are to feed your satisfaction, who am I to judge who buys what, but when you can’t pay rent or buy diapers for your child and use your welfare money or child support money then who is morally wrong? In the following pages I will be covering the causes of poverty, along with various topics from childhood poverty to spouse divorcing poverty that David Cheal has outlined for us in his notable book New Poverty: Families in Postmodern society and the changes from old poverty into new poverty.
It is easier for wealthy people to pay for their needs, such as health care and dental care. If any abrupt situation approaches dealing with their health, a wealthy person will be financially stable to pay and fix it. According to an article, "Happiness Around The World: Is There More To It Than Money?" by Bozionelos, Nikos, and Ioannis Nikolaou, “One would expect that money is more important when it helps meet basic needs, and this should be especially true in poorer nations. However, as already seen, the relationship between income and general life satisfaction was mainly explained by whether material aspirations (such as buying luxury goods) could be fulfilled.” In other words, one’s concept of happiness can vary from nation to nation. For example, people living in poor nations and having a low income tend to be satisfied by having just enough to meet their necessities. While, on the other hand, people with higher income tend to be satisfied if they have enough to buy luxury goods. Being wealthy does not lead one to happiness; it can help some people to obtain happiness, but it can also lead others to have unwanted experiences. Having a minimum amount of money is necessary to be happy. Having the minimum amount of money to pay bills, have medical assistance, buy groceries, and clothing is considered as the basics needed for one to be happy. Money is a tool that can help a person obtain objects that can help him or her to have a comfortable life. However, money should not become the reason why a person is happy. Happiness comes within a person as a human being and money will never replace a friend, nor a loved
There are many causes of poverty that do not stem from an individual’s choice, but from society as a whole. They include the history of generational poverty, war and political instability, national debt, discrimination and social inequality and vulnerability to natural disasters.
Poverty is an important issue in the world that should be dealt with quickly. It should be handled seriously since it’s a deadly issue as it kills the population slowly. Poverty is harming many people around the world, especially the poor. We need to try and stop it with any means possible. Even though many people are trying to reduce it, others are not aware and do not care much about it since they do not realize how big of an issue it is. Poverty can be reduced if all people help and support each other. Everyone should try and stop it not because they are feeling pressured, but because it’s what their hearts are telling them to do.
What is the value of a life? Is it how long you live, what you accomplish during your lifetime, or things you acquire? The ethics and moral reasoning behind this simple question does wealth equate to happiness? This has been asked many times and the debate from both sides has great points and emphasis, but I would like to talk about those who seem to be thrown on the back burner the needy. Now if you were to hear the word needy many different categories come to mind homeless, unemployed, sick, and the underprivileged. Each sector is different in terms of the needs and what is asked to help them: however they stand together in regards to some type of assistance to help them attain and maintain simple everyday tasks in their lives.
People, especially those from wealthy nations, do not truly understand how large of a problem poverty is and how many areas it effects. Not only does it cause economical issues, but it can contribute to social and security issues as well.
Some people find happiness in buying electronics, clothes, and toys. It’s true, materialistic things can bring an abundance of happiness to an individual. However, investing in life makes people happier, and makes their life more significant. According to Robin F. Brancato, in the book Money, “The real happiness comes from social relationships, enjoyable work, fulfillment, a sense of meaning in life.” For example, Nora is a woman who has money, and she’s always trying to buy dresses and shoes to make herself happy. However, she just needs to do something significant with her life (qtd.in Wiseman). In fact, according Williams, “It’s not a name brand that will lead to happiness. It’s a person ability to make their lifestyle what they always fantasized and imagined it to be.” In other words, happiness does not come from being able to buy expensive things; it comes from being able to use money to make one’s life better. In fact, according to Rachel Berl, “a certain amount of wealth relieves financial stress and its associated hardship. But the absence of such worries brings about happiness.” For instance, using money and investing in real estate and life insurance. Doing this, one can live happily knowing their kids can live comfortable when they are grown. The point is, investing life makes people happy and brings happiness to the
This return us to the question of how much consideration you should give to money when making life choices to achieve the universal goal of happiness. And the answer is you should make choices that will give you enough money to live comfortably and allow you to focus on other factors that contribute to your happiness, such as interpersonal relationships and generosity towards others. And you should do this with the understanding that more money does not necessary result in happiness, although it does help, if spent in the right way.