The Importance Of Money In Modern Life

Even though it is the 21st century, we, the people sheltered on this planet Earth, pay due respect to living as well as to lifeless things. The importance all of us give to money is quite high. Long ago, after the limitations of the Barter system were felt, money was introduced as an effective medium of trade and transaction. From then onwards money gradually became indispensable to our survival. During the 19th century, the popularly known quotation was “Survival of the Fittest.” Equally true is the statement, ‘Survival of the Richest.’ The richer the people, the fitter they were for survival. This holds true even today. Hence the desire to accumulate money and wealth. The desire to amass wealth has increased manifolds in recent times. Philosophers

Money decides who should cry and who should smile; money decides who should go to KFC and who should starve; money even makes very difficult decisions like who one’s life partner should be. It was also Mr. Money who gave me the green light to pursue my studies at St. John’s College.
Money is the same universally, but individuals’ attitude towards it could be different. Rain or storm, some may not give much importance to money. But a majority of people revere money. Money is essential because it brings all the necessities for man’s existence and luxuries for man’s comfort.
“Life without money is undoubtedly a virtual hell, with pangs of hunger and thirst, eating into man’s very bones,” so said the famous novelist, Ayn Rand. However, at the same time, thinking that money is everything is also a great mistake. Some people yearn for wealth. Sleeping on a bed of money is something many people dream of today. I wouldn’t call it a dream. I would call it a nightmare for “Money is a good servant, but a bad master” as per Francis Bacon. In my opinion, we should have just the right amount of money; we should neither be too rich nor too poor. Life will be pleasant as long as money is under our control. The moment money starts controlling us, we begin to dig our own

It spoils not only the life of an individual, but also the lives of those surrounding him/her. A chrematomanic person only thinks about how to hoard money. He wouldn’t care about his family or even himself. He forgets all virtues. And when he is asked why, he will say that he is earning and saving money for the benefit of the family. What a chrematomanic person wouldn’t understand and accept is the fact that there are many things that money cannot buy – for example love and affection. Money can’t also buy peace of mind. It cannot heal ruptured relationships, or build meaning into a life that has