It is irrefutable that money can bring ease and comfort in a person’s life. However, the negative side of having too much money cannot be overlooked. This essay shall look into the advantages and disadvantages of having too much money.
It is easy to see how money can enrich our lives. The world runs on money. The basic amenities of life such as food clothing and shelter can be got only with money. You can trade money for almost anything. Having ‘too much’ money is also very helpful. Money is very powerful for getting people to do jobs. For example, if you want somebody to mow your lawn, you do not threaten them or try to talk them into it. You offer them some money and they mow your lawn. Moreover, if you have a lot of money, people value your opinion on things. In this respect, it can be said that money is power. Without money the world would grind to a halt.
On the other hand, there are many disadvantages of having a lot of money. To begin with, the richer you are the more taxes you have to pay. You will also have to keep track of what you have. You may have to pay people to keep accounts of all of your holdings. Money may become an obsession; it can alter your perception of life; you may stop trusting even your true friends. In this way, it can alter your social behaviour. Too much money won’t let you see every day’s little pleasures.
It can be said that the excess of money is as bad as the lack of money. The poor person is certainly not happy, nor can happiness be seen in a very rich person. Happiness is in contentment. There are many things which money can’t do. For example, money can buy you a pretty good dog, but it cannot buy the wag of his tail. Money can buy books, but not knowledge; money can buy medicines, but not health and money can buy a bed but not sleep.
To put it in a nutshell, I pen down saying that, definitely money is needed for everything in life. However, excess of money has its downside also.
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