undoubtely, nowdays people more to like spend their money than to save it. it is because some people happy when they spend money. and a way to enjoy their hardwork. there are call YOLO ( you only live once). it need a balance between spend and saving money. in my opinion, the disadvantage of not have savings outweigh its advantage. in this essay, i will discuss both positive and negative sides.
firstly, spending money is a necessary in economical reason. if every individual doesn’t want to spend money would cause the development of its country. spending money can be positive or negative ways. for example : buying foods, travelling and charity are positive spending money. meanwhile buying useless; overspend on expensive appreal and gadgets and luxury lifestyle are negative ways to spend money. we should manage our finanacial well.
secondly, not having saving nowdays quite critical. here are some method to save our money ; 40% for daily needs; 30 % for lesiure; 10 to 20 % for saving or investment. younger generation nowdays more prefer luxury lifestyle and lack of information about savings are some reason they don’t have savings.
in conclusion, every single part of our life need a balance so does spending money. spending money is necessary as long as it positive. saving money is important for our future.