Greetings and salutations to everyone present here.
Money refers to the means by which we make purchases while earning it by providing services.
With the easy access and availability of resources, the wealthy and upper-class people may live an expensive life and satisfy their desires and dreams. They also live in a highly affluent situation.
On the other hand, a middle-class person must be very attentive when saving for the future, such as for their children's education, and must invest their hard-earned money very carefully. It's a difficult life to live when you're amid so many commitments and can't afford to get away.
The poor live on the bare minimum to get by each day and have no access to adequate education or food, living in appalling conditions.
Such class divisions create massive discrimination worldwide, even leading to mental health issues. The wealthy have access to good dining, whereas the impoverished can barely afford any meals per day.
Money can provide us with almost anything, but it is not everything. Relationships should be valued more than money. Money is less important than people and our relationships with one another.
FAQs
1. What is the need to save money?
Money is by far the most crucial thing necessary after basic necessities such as food, housing, and clothing. It's important to remember that you'll need money to save for future crises, company problems, trips, any form of emergency, realising a long-held dream, or anything else. Money is a prized possession, despite the fact that its worth is subjective.
2. What is the importance of money in our lives?
Money helps us to buy and consume almost everything we need to survive in our lives.
3. Why do we all strive to make more money?
Money helps us to avail essentials and luxuries in life. Thus, in order to enhance our standard of living we all strive to make more money in life.
4. Can money buy happiness?
If your happiness is associated with something buyable and materialistic, then yes, money can buy happiness.
5. What should we keep in mind while making money?
We should keep in mind that we must not compromise with our health and personal relations in order to make more money.
