Should you be more of a money spender than a money saver.

[CALVINDOL]

It is not every day that an individual may save money but it is absolutely every day that an individual must spend money. It is absolutely very obvious to say that an individual may spend money more than he or she saves and that is because the act or ability of saving money is definitely what inculcates the process of living. That does not mean that an individual should give up his or her money saving activity, but instead he or she must improve in it. On the other hand he or she must learn to cut down unnecessary spending of money as this will only damage his or her ability to save money and make good use of his or her income. In my own view and perspective, it is best for one individual to be much of a money saver than a money spender.

Coupled with investments, an individual must also set aside money for investment activities and opportunities which are more likely to show up, sometime in the future. As we already know the activity of saving money and investing money usually go interchangeably with each other. To save money we will always need to invest money and in order to invest money we will always need to save money. When you spend money we have the intention to satisfy our needs and wants, and anything that does not constitute our needs and wants is not worthy to be spent with money, as that will be considered irrelevant spending of money.

 

[King bell]

No, you should not be more of a money spender than a money saver. Being a money spender can be fun, but it can also lead to financial difficulties down the road. It is important to be a responsible money manager and save for the future. Money saved now can help you in the future when you need it. Savings accounts, investments, and retirement plans are great ways to save money for the future. Additionally, it is important to live within your means and not overspend. If you overspend, it may lead to debt and other financial problems that can be difficult to get out of.