A number of persons believe that savings are a significant part of life due to the facts that funds give self-confidence and can help in an emergency situation. Others claim that the perfect way of using money is a spending of them on your dreams. Personally, I support the first point of view, because I am more rational person rather than emotional.
On the one hand, huge amount of dollars on your bank’s account provides you opportunity to be relaxed in any situation. For example, if you have full wallet in your pocket, you do not need to worry about the place, which a girlfriend advices you to visit to. Moreover, cash cushion improves your confidence in the future in the light of the fact that you may spend it in unexpected moment. For instance, many financially literate people used their savings in the crisis of 2008 to avoid an insolvency and safe their business.
On the other hand, serious savings, which ensure your financial confident, are difficult to get. In other words, it takes a long time to earn cash airbag. Unfortunately, while you are putting your wages on a card, you usually lose chances to realize your dreams. Perfect illustration is the situation when you regret your friends’ advices for tourism.
Summarizing, some people support the idea that savings is an important source of certainty and security, whenever their opponents state that creating of wealth may take too much time and bring possibilities of dream realizing. From my perspective, the first position is better, because it has more ration grounds.