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Importance of money essay
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Easy on the importance of money
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Money is defined by the Webster dictionary as something generally accepted as a medium of exchange, a measure of value or a means of payment (Merriam-Webster, 2016). It plays a vital role in human life. People need to buy food and many basic necessities of life which are impossible to be bought without money. That’s why there is no any doubt that money is so essential for an individual to survive each day in life. The importance of money is increasing day by day as living becomes costly. That’s why individual should use it properly and wisely. Using money doesn’t end from spending it, it is also very essential to save it for future use and plans. College students on the other hand learn to save their allowance as they grow and meet different requirements in school. Entering college is an exciting and important part in student life. It is where they learn to be an independent person. There are many different tasks that need to be done in order for them to be successful. One specific area where many college students have difficulty is learning how to manage their allowance effectively and wisely. …show more content…
It is estimated that the minimum average of salaries from the entire region in our country is PHP 250 to PHP 466 depends on where they work (Dave, 2010). But because of financial problem of some Filipino, not all children in the family are able to send in the school. Even if the government is helping for our education, not all Filipinos have the privilege to be part of it, especially students that is far from the civilization. Some of the college student don’t have enough allowance to pay all expenses in school. Sometimes their allowance is only enough for their transportation fee. But because of their strong desire to finish their study, they don’t let financial problem to be the hindrances in going to
Money is something that can either be used for the greater good of society, or it can be contorted into something that is detrimental to society, it all depends on whose hands that money happens to fall into. Human tendencies begin to change once people come to have money, the lavish and selfish lifestyle begins. Entitlement comes with having money because money gives people what they want which makes people think they are entitled to get everything they want. In The Great Gatsby Fitzgerald portrays that money is the root of all problems with can ultimately lead to loneliness and careless behavior.
Who needs financial assistant? Financial assistant are for the students who can truly understand and define why they need it. In the article “Student and Money, in Their Own Words” by Clare Connaughton, she makes use of rhetorical devices in order to persuade the reader that she need financial assistant when applying to university. Three rhetorical devices are successfully used in her essay, including foil, voice, and metaphor. Yes, Clare Connaughton is eligible for the financial assistant.
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
Another satisfying material that a person can own is money. Money is something that is very important to possess. Owning money can satisfy a person’s hunger, shelter, and just about everything it takes for that person to live. A person would not be satisfied if they did not own any money. They would be depressed and have to live on the streets.
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.
Students entering college for the first time become concern with their college life. The students are on their own once they enter college. There are no parents or guardians telling them when to do homework, when to go to bed, or how to eat healthy. These student are now responsible on how they are going to succeed in school and meet their own needs. From the beginning, these students wonder what their experience is going to be like and are they going to handle the demands from college. Students are becoming more stressful due to academic demands, social life, and work. First-year college students should receive more help from school to learn how to help themselves and become independent.
College has gotten increasingly more expensive in the United States as time has passed. Today, many, if not most, college graduates come out with a degree and a complimentary heaping mound of debt. The estimated average debt is believed to be in the proximity of twenty-five thousand United States dollars per college graduate. Essentially, most people that pursue their goals and attain a higher education are being punished by starting life in the “real world” with a crippling tower of debt. So many college students that have to pay for their own college expenses have to learn how to budget their money through a trial by fire. There is another group in which I belong, the group that has their parents or other family members pay for their college
Money is the main source of power in the world, but in ways it can be viewed as good or bad depending on the situation. It has a negative connotation when mentioned by the word “acts”. “ Acts” means to perform a fictional role. Which shows that most things involving money are fake. Though humans associate being fake with being morally wrong,but its somehow acceptable if there is a greater power involved. Another definition for acts is to take action;do something. In this case to take an action can be either good or bad. There are many ways to come across money, but nobody cares if it is good or bad because it deals with a greater power.
Money has evolved with the times and is a reflection of the progress of man. Early money was itself a physical commodity, grain, gold or silver. During the vital stage, more symbolic forms of money such as certificates of deposit, bank notes, checks, letters of credit, bonds and other forms of negotiable securities came into prominence. Social development transformed money in to a trust, “In God We Trust' it says on the back of the ten-dollar bill.” (The Ascent of Money, 27) Today money is faith in the person paying us and belief in the person issuing the money he uses or the institution that honors his money. This trust has no end it can be extended to a greater number of individuals.
The cost of education in the United States is very expensive, particularly college education. This results to a fewer Americans obtaining a college degree. Not everyone can afford to study. They have to be working students in order to support themselves. But because of divided attention between their work and study, their focus in school is altered. On the contrary, college education in the Philippines is less expensive so most parents can send their children to college. The books and uniforms are also affordable. Dormitories within the schools’ vicinities are cheaper. Meanwhile, the US government provides federal grants, financial aids, and tax credits to students. Likewise, there are scholarship grants in the Philippines and also college assurance plans where one can pay now and study later.
Money in a traditional sense no longer exists. Money is becoming much of a concept than a physical material, and most ordinary bitter have not see the reality of the switch. People today are using credit and debit cards on a regular basis and in everyday situations such as meal purchased at fast food, highway tolls, clothing, groceries, gas stations, etc. all of these means of systems could be regarded as a cashless society or world. The question we might ask ourselves is what is a cashless society? What are the implications of living in a cashless world?
The invention of money was a major improvement in peoples’ lives. In the past, people usually had to travel all day to find the person who is willing to exchange their goods. In addition, the goods people want to exchange did not have the standard value of measurement. This led to unequal exchanges. Furthermore, it is not convenient to carry heavy goods from one place to another for an exchange. To solve these issues, money will be the only solution. Later, people tend to develop money from cowry shells to credit cards for the convenience and to improve their society.
Money, the media of exchange for products and services, provides things people need, like food, clothing, shelter, or medicine. People spend most of their life looking for it. My parent for example, works from sunrise to sunset to obtain it. The more money people have the more benefits they can get, because they will be able to get a bigger and better houses, clothes, or food. Less money means stress in bill payments, gas prices, and food prices. With money, people can fulfill their material need. However, money cannot buy everything such as happiness, friendship and love, health, and appetite.
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
Money is essential for our everyday lives and people have to face choosing whether to save up or spend their money. Of course earning our money can difficult considering that it is a necessary asset that affects every aspect of our life. Every day we see people working hard to earn as much money as the can. However how they use using the all the money earned is a frequently debated topic have seen many people who earn money and can no restrict themselves from spending .They usually act like wild animals fighting for food and being separating from the delusions of business. People are usually confused and frustrated by the amount money the use in a week without knowing that their daily impulse buying objects have piled up. Although it can be very hard to control there are many easy steps to stay away y from spending and instead saying up. Setting a goal, recording the amount you spend and even lowering your expenses can be small steps that will lead to great success in saving for the future