💸

                               Money & it's importance 

Money is the most valuable resource today for most of the people. It wouldn't be wrong to say we value money more than anything else in our life these days. Money include tangible as well as intangible form.The currency notes and coins that we use for exchange of products in markets are tangible whereas money that we pay using applications viz., Paytm, Google pay, Phone pay,etc are intangible money.

  The applications available today endow more than we could expect 5 to 10 years ago. While sitting in your comfort place you can get almost everything be it food, clothes, medicine, make up,etc.
      But this trend is not going to benefit the homo sapiens in long run. We have switched to quick methods whether it is about food or other tasks.

Why the value of money has increased today?

There are several reasons we value money more today but the more appropriate answer would be the greed and endless desires of human beings.
  Majority of people compare their lives with those people who posses stuffs that is out of reach & in this comparison they try every possible way to get endowed with such stuffs. For instance, during college days students feel more insulted because of things they posses. They complain about their lifestyle when they compare it with their mates or any one who is in a better position than them.
 During my college days I have observed such type of students. You will never be satisfied with your life if u compare it with others. So, it is better to focus on your own personality and improve yourself not in materialistic terms but more in immaterialistic terms. Because hardly you will compare yourself with someone on that basis.


Why do we spend and not invest?

People often use these two terms as the same meaning word but it is not the case. These two terms are different in thier meanings.

• SPENDING: the act of using money in exchange of goods and services that is not necessarily giving you return. For instance we spend money on food that will satisfy your hunger for a particular period of time.                                                                                                                                                               
• INVESTMENT : the act of utilizing the money in such a way that shall bring you return in future. For instance, investment in property will bring you return for sure.

Investment is a  term which is still far from the understanding level of majority of the people living in our country. There are several investment intruments present today but they technical know- how is absent and people ignore to some extend.

The psychology says that we are attracted towards short term happiness than long run happiness. Spending is based on the principle of short run whereas investment is based on the long run concept.

When a person looks for Short run happiness he/ she spends his/her money but if you look for long run you will invest you money.

The beggars don't look for long run and therefore they spend and don't invest.
But a business tycoon invest because he thinks for the future profits.