What is money and what is its importance? Essay

Let us try to understand what is the purpose of money. money is important in life because it is something which allows us to trade things from others which we are in need of. It is not like money was there from the existence of this earth as earlier BARTER SYSTEM was used for the exchange of commodities between the people but due to various reasons such as depreciation of exchange products, lack of availability of products, time consuming resulted in the declination of the barter system. People needed a fixed unit for the exchange of commodities and so money came into existence. The modern currency which we hold today has certain values which helps us to trade different commodities in the today's world.

Also Read :- 

Is Money Very Important For Life ? 

Money is certainly not the most important thing but becomes one of the least things which a person should have at least to survive in this modern world. every commodity which a person requires in his/her basic daily tasks can be purchased from money and so it's somehow plays a very important role in our life. 

Why People Run For Money ?

Some people develop greed for money just because of the experience and lavishness it provides at a certain point.

The more money you own, the more lavish is your life will become and so people run after it blindly in the hope that one day they will become very rich and then they can spend their life comfortably till the end. People with more wealth has also created a division of “class” in the society and has created a very big gap which we normally call as “the poor”, “the middle” and “the upper class”.

Can we Moderately Live With Money ?

We should always think in a neutral manner when we earn money. money can be a blessing as well as a curse for someone. the greed for money is also a very dangerous thing which has surely affected our society in a very big way. people who aspire to earn more money should also keep some of their expectations away for sometime at least, as more money demands more hard work from you and therefore you will have to give a lot of time to it, basically a big part of your life will be exhausted because of it. many people after earning money realize that they have spent most of their life behind earning money and now in their old age they are lonely and have got no friends left with them to spend their old age time with and so it becomes a curse for them at the end ! the irony is if people don't earn money then they can't really survive in this world at any cost but if they go out and work hard to become rich they lose a very big part of their life in their work and so they unfortunately don't get enjoy the mostly on the planet basically they live on ! So either we have to choose time or money at the end . 

MY CONCLUSION :-

Education is very necessary for earning money and not only hard work but smart work also can help us earn money in a short less time so that we can spend some time with our parents and family members while we are alive together. we don't know what's gonna happen tomorrow and this greed of money also keeps our eyes closed of the reality that we are on a limited period time and therefore we should not waste our time running behind more and more money ,being greedy rather give some quality time to ourselves and to our loved one's because at end , all of us have to leave this planet one day.

Also Read :-