▶ Your Answer :
There might be
different opinions about how people should deal with their money. Based on
their understanding and experience, some people might believe that it is better
to spend money to enjoy their lives when they earn it. On the other hand,
others think that saving money for the future is more wise behavior. In my
opinion, I strongly believe that saving money for the future is more beneficial
for myself for the following reasons.
To begin with,
people live in more competitive environment than ever. As society develops,
they should always prepare for the future. For example, my friend’s father had
a car accident last year. Although, fortunately, he saved his life, he had a severe injury on his back. So. he took medical surgery, and had to be in the hospital for four months. My friend’s
family had to pay much money because his father had not a good insurance and
enough saving. As a result, the family eventually decided to sell their house. This
imply that we have to be ready for the unintended accident.
Secondly, human
life span become more and more extend thank to development of health
technology. However, working ages in the job market did not changed for several
decades. This means that people should be prepared after they retired. For instance,
I read an interesting survey report published by the national pension fund of Singapore.
The report suggest that there are huge differences between groups of people in
sustaining their lives. The group who saved over 25% of their incomes had triple
times possibility to stay in economic middle class after retired than the group
who did not.
In conclusion,
I strongly believe that saving our money for the future is very important. Although
some people might say that enjoying present gives us many advantages, I think
that the risk that we have to take surpasses the advantages. |