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Is it better to enjoy your money when you earn it or is it better to save your money for some time in the future? Use specific reasons and examples to support your opinion.

Money is very important for living a happy life. Nowadays we can not buy anything without money. Money is enough to meet our basic needs. People who have a lot of money spend their money the way they want. But people who have limited money think twice before spending it. I think it is better to save money instead of spending it immediately, because we can use that money in emergency situations.

First of all, savings always help us in case of emergencies. Problems do not wait for our permission, so it is always better to be prepared for it. As a student, I may have extra savings on my own because I am away from home. I’m alone at school, so the savings calm me down and help me in case of emergencies. Suppose if I have an accident, I can immediately use that money instead of running around for help. On the other hand, if I do not have savings, I can face many problems.

Second, savings always help in the future. It allows people to relax and enjoy life without worry. Savings are not wasted if we could not use our savings. we could help others, those in need. For example, we can donate somewhere, for example, to people who have experienced natural disasters.
Thus, savings not only help us in the future, but also allow us to help others.

Finally, some people spend their whole life in making money only; some spend in enjoyment only, both are not good. I believe, maintaining balance between both is essential, because enjoyment is also important to keep ourselves active, relax, and fresh. But, there should be limitations. We should keep track for our expenditure and savings.