MONEY?? save it VS spend it?

Question

So i have this essay to prepare for a class i have at the Uni saying :
" It's better to enjoy your money when you earn it or is it better to save your money for some time in the future ?!

I've written almost 4 pages but i still have left to go ... so any personal ideas would really help me a lot.
Please give reasons for your chiuce.
Thanks a lot.

‘Money Talks’ is an English proverb, but can we really talk about money?
Money has great social and political impact, but more importantly it has a psychological impact.
Money has always been universally valued and today is valued for the products and services for which
it can be exchanged, the security it provides against unexpected needs, the economic power it
generates, the political influence it exerts, the social status it offers to those who possess it, and also
the self-confidence and sense of accomplishment it offers for those who earn it.
Getting and spending money. Most people spend the major part of their lives working to make
both ends meet and worrying constantly about their lack of money. The future world of leisure, when
poverty has been eradicated and we can all enjoy the good things in life, seems further away than ever
as both individuals and whole nations struggle under the burden of increasing debt.

scr8784 That is my title on which i have to work . you can't correct anything about it cause it's the way the professor gave it to me so yeah...

Answer 1

This is a "false dichotomy" -- you'll want to use that phrase in your essay, since it's probably what your professor is looking for. It's never a question of one or the other -- you can save some of your money and spend some of it to enjoy your life.

The first, most important requirement for financial freedom (and release from the stress and anguish that financial problems often cause) is to live beneath your means. No matter what you earn, there is someone in your neighborhood who lives on 10% less than you do -- and is happy with his or her life. Saving money is clearly

Americans have been trained to spend every last penny they earn (this is clearly a cultural phenomenon -- contrast it to Japanese spending habits, for example). You don't have to, and saving just 10% per year over the course of your career makes for a very smooth financial future.

Doug

Answer 2

First of all let me correct your " ". "Is it better to enjoy your money when you earn it or more valuable to save your money for the future?"

This question can have so many answers, each will pertain to the person answering. If I were to answer that, I would say it is better to save money for the future. I am young and want a new car and house, the only way to get that is by saving. However you might talk to a person who has some and more, and they might say it would be better to enjoy it when you have earned it.
If you are stuck, then I suggest spotting in issues of social class and economic problems that would give answers for both side for your question...

Answer 3

In a Roper-Starch survey conducted in 1995, Americans said they needed just $25,500 a year to get-by, $41,100 to live in reasonable comfort, and $102,000 to fulfill all their dreams.

In hindsight, it doesn't matter how much you spend. The question is, where do you spend it on? How much of your cash is going to trash?

Wealth can be gained according to how well and how much you can keep it, not how well you can spend it. I'd rather build wealth now, than keep spending what I have and live in poverty tomorrow.

Answer 4

you could save it and have more in the future but if u spend it u would have 2 wait untill u get more money soo think about it

Answer 5

could you give us what you have written so far?

Answer 6

i say spend it you cant take it with you when you die