I am one of four children who was always taught how to save because living in a big family is hard and sometimes there isn’t a lot of money. While I never really had to worry about those things I can imagine what it would be like. It makes appreciating the things you have even better. Saving money always mean more. Money in general isn’t used in such a careless manner.
Money is necessary for so many things in life. You need it to pay your bills, buy you food, and buy you clothes. You need money to live. Money is all of those things to me, it is also a way to gain social status for many. To so many people money represents power, status and the people who have it demand respect even if they don’t deserve it. I value money a lot because it gets me the things I need and sometimes the things I want. There are times when money buys me something that makes me happy but just money in general does give me any emotions except for secure.
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The older I got the more into getting the coupons I got. I would get them because I liked the idea of saving money. I guess that was really one of the big lessons about money I was taught, save money where you can, this will help me for years to come when I am on my own and buying my own stuff. Another thing that I learned a lot about was the value of a sale. My mom, still to this day, almost never bought anything that wasn’t on sale clothing wise. I am always shopping for a bargain and while there are many times I really want a shirt or something I will never pay full price for it. Saving money was a big thing in my house. For Christmas and birthdays’ our family would but money into a bank account for us. As we got older my parents would encourage us to save our money, no matter how little it was at the time. While I haven’t been very good at it lately, the idea of saving has always stick with me and I plan to get back on track with it again. If you never learn the importance of saving, then you will struggle with your
While the idea of money as being so important in daily life in the modern era is not a concept that is given much thought, it is very important to realize that this is not exactly a new concept. It was as important during the medieval period in the time of Saint Francis of Assisi. Wealth, in many cases of modern times and medieval is seen as both the main factor for running the world as well as its downfall. It is something that no matter the period we as humans understand and use to classify the world in both abstract and in more literal ways.
Personally, I look and strive for money because what else is a teenager supposed to do without money. So learning about what others believe about money is something that strikes me and challenges me to think differently. With many having this perspective on money, Morrie and my interviewees remind me that there is more to life than just money. My father said that money was his motivation at a young age, but believed that money should be something that we should work for (Personal Interview). My grandfather on the other hand believed that money was an evil. He also believes that money should be put towards things that matter and not things that you want (Personal Interview). This leads me into what Morrie believed about money. “You don’t need the latest sports car, you don’t need the biggest house. The truth is, you don’t get satisfaction from those things” (36). Morrie’s outlook expresses that we don’t need these things in life, and he also mentions that these things don’t supply any satisfaction. The true satisfaction is the satisfaction of family and friends, and the relationships that we develop through
Money’s only value comes from what a couple rich people want it to be, and in turn everyone else puts the same value on it. It more represents the greed in us then an actual worth. Our culture sees money as something so much more important that some people will spend their entire lives trying to get more. If people were able to look past the fake value of money, we might be able to make changes to not only ourselves, but our culture as a whole. We are greedy for something that in actuality has no value. If we instead fought for something that mattered, society could instead fight to help better people and the community rather than
It was only fourth grade, when I purchased my first flat screen TV. Impressive, right? Saving money is one of the smartest decisions I established as a kid; now that I have a job, the subsequent rewards are continuously multiplying. At only sixteen with my current hours and no direct bills, the money accumulated. Although, at this age there are many materialistic things I desire. Could you imagine a young teenager with spending power? Proudly, that is not me. From that first TV as a reward for saving, an exponential income did not affect my notion. Just recently I purchased a car all by myself, simply because I avail the power in saving money. This aspect is now part of my personality, and its reward will only progressively
Money is not just a possession as much as a way of life as it is the one thing that will keep us alive in the modern world. It seems ignorant to think that money is what drives us to what we are considering it is a mere possession, a fragment of our modern world. Without it we would be stranded, without shelter and without livelihood when we realize that it is what we live by and for. Every pert of our life revolves around money whether it be leisure or work. We work for money in order to have leisure time. This is a simple way to put it. What we should be living for is love, companionship, friendship and respect. To me these simple things seem worth more than what money can bring and therefore I do believe that the human race has become something out of a science-fiction movie or book. We seem not to care for the simple but most pleasurable things in life.
There’s a saying that goes “Money is the root of all evil”. Most people believe that though I disagree with that. I believe that we as human beings are the root of all evil in this world. Every person has evil in them. Some just have more evil than others. Some can control their evil while others can’t. Every person has two sides to them. Just like a Cherokee Indian told his grandson. He said “My son the battle is between two ‘wolves’ inside us all. One is evil. It is anger, envy, jealousy, sorrow, regret, greed, arrogance, self-pity, guilt, resentment, inferiority, lies, false pride, superiority, and ego. The other is good. It is joy, peace, love, hope, serenity, humility, kindness, benevolence, empathy, generosity, truth, compassion and faith”. While money is simply a piece of paper, that represents wealth and holds monetary value. Money is something we use to survive and also acquire the things that we want.
...ial literacy, encouraging independent thinking, and reinforcing good habits. Building financial literacy in children while they are young gives them a chance to use and begin to understand money for a longer period of time. Therefore, giving them a better understanding of it when they are older and, in a way, giving them a head start for being financially responsible as adults. Encouraging independent thinking will give adolescents a chance to think for themselves even if it is small decisions at first. Because they will most likely value their money and not want to give it away for just anything, their peers will have less of an influence on their decisions. You, as a parent, can reinforce good habits like self-discipline, setting short and long term goals, and learning and practicing good work ethic. Nagging all the time has got to stop. Set up an allowance system.
My siblings and I used to ask our parents for money, but they would never give us the amount we wanted unless we performed chores around the house. My parents wanted us to develop a sense of gratitude regarding the struggles one has to endure to earn money. I remember how I used to become very frustrated, but reflecting on this experience, my parents were teaching an important lesson on the importance of financial stability in order of an individual to afford basic necessities. More importantly, my parents taught me how to save money for necessary
Many students in grade school don’t obtain money very often because they do not have a steady income, so they are prone to spend the money they get. For example, if a student gets money for a holiday, the first thing that comes to mind is to spend it on something they want because they are not used to having money. They don’t know the next time they will get more money so they don’t see the importance of saving. Since there would be a constant income a student will see the effect of saving because their amount of money would constantly be increasing which will motivate them to keep saving. If students learn how to save while they are younger they will be more successful in life, and they will also have that money to use when they graduate.
Money exists no place else but in our minds. Money is not gold or silver; it is not a bill, and not a credit card. Love of money is recognized evil it always has been and it always will. People want money for various reasons, for security, status; to be powerful and etc. “This is also known as materialism, which brings in its wake tension and unhappiness.” Evil arises when people are controlled by money and compare everything in terms of money. Desire to earn money is not the root of all evil; everybody needs money to fulfill their needs. The problem appears when our wants increase. Therefore, the want of money increases, and we start to have a desire of wanting more of it and are never satisfied. Desires should not be confused to be the root cause of
Saving money will help someone in the future b providing the feeling of security. Usually someone will save money for a certain goal in life. Therefore the first step is test goal for the certain amount on money you need to save. Setting goals can be short-term goals can be usefully can analysis the amount you have to pay at the moment. Saving money doesn’t mean refraining from buying what you love. Are you wanted to buy new clothes or even a house doesn’t hesitate to make that purchase. However take in to account the down payment and compare costs. Being able to plans and set goals on certain can help save a small amount thus accumulating over time. Long –term saving can be a little harder and takes dedication and time. Saving an up a certain a...
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.
Saving money brings security for any future expenses. The earlier in life an individual begins to save, the better they will be set financially in the years to come. There are several reasons why it is important to save money. A few of these reasons are for emergencies, retirement, and simply for luxury spending. Having money will benefit each of these examples.
Many people argue that money is not the key to happiness. However, have you ever seen a sad person riding a Ferrari? Or have you ever seen a man crying because he is too rich? In fact, I have no doubt that you've seen a man crying, because he is too poor. Money brings a lot of things to our lives. Money gives us what we want, gives the possibility toward a better future, and brings love and friendship as well. Therefore money is the ultimate key to happiness.
I could not grasp the concept of budgets or saving. I would spend my money as soon as I made. I must admit I had a shopping addiction. I wanted to shop all the time. I felt the need to try to keep up with the fashion of everyone around me. As I reflect on the way I handled money as a young adult I feel the way my mother dealt with money had an influence on my choices. I knew that my mom did not have much money, but she still found a way for us to go shopping. I always had the nicest clothes and shoes. She made sure I never felt inadequate to my friends whose parents had more money than us. She put a great importance on appearance and looking nice. I inherited my shopping problem from my