Why Money Is Important Essay

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When we hear about money, we ask ourselves many questions like, what is money? Was it very old? What did the old people use without it? What are its uses? How can it be harmful or its disadvantages?

So I chose this topic to speak about money, which represents the major source of force in the world. Money is the thing that people use to pay for goods, and services and to pay for other people. We see that money is an important part of our life.

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I will start to speak about it, by answering the questions that are in our minds about money and, how it is a double-edged weapon!

We heard many times that money is a double-edged weapon and try a lot to understand these words. These words mean that money has to face one is harmful and hurts us and another face is very useful for us.

I understand that money is very important for our joy, which God has gifted us. It depends on people’s how they use money as some people think that that there is nothing is better than love and some other people think that money is everything, And to understand the useful of money we must try to imagine a world without money, how would people treat with each other? And what would be the shape of the world? In the old world, they were a barter system: it was trading one good or serving another so it was inefficient in the modern advanced economy, so when someone wants to buy something like shoes, he first searches for someone who makes or has the wanted shoes wanted size. So the trade was very difficult, another problem, was it doesn’t allow people to enter into contracts. So money solves the problem made by the barter system, it is considered to be the intermediary between the seller and buyer. Money is considered as a measure of value instead of a batter system. So it helps both trader and seller to know the real value.

Money has many uses; the simplest one is that is used to provide the basic needs of daily life, it uses to buy food, and clothes, to get a high level of education, so you have to save a lot of money(pay for books and fee).he can by money do anything, and buy anything. He can enjoy all means of comfort (house, air-conditioning cars … etc..). He can be a busy servant to keep your house.

Money has a great effect on individual life as it improves living standards helps man to have a comfortable life for him and his family, provides him with a good chance to achieve his aims in life, becomes able to travel anywhere, and visit other countries and learn about different culture and peoples. It manages to help his family and other people. it preserves human dignity and provides requirements. it helps in providing good health care to all family members. Money is a blessing to a man if he uses good and strengthens human relations in society such as giving alms to poor people and strengthening social relations with relatives and friends. When money is used for charity, it increases and doesn’t diminish.

It solves the problem of storing wealth.

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Why Money Is Important Essay. (2024, April 10). Edubirdie. Retrieved November 2, 2024, from https://edubirdie.com/examples/why-money-is-important-essay/
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Why Money Is Important Essay [Internet]. Edubirdie. 2024 Apr 10 [cited 2024 Nov 2]. Available from: https://edubirdie.com/examples/why-money-is-important-essay/
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