Introduction: Money is a legal medium of exchange in the form of coins, banknotes, cheques, etc. circulated by the superior authority of a country. Money, besides being a medium of transaction, is a unit of accounting and a store of value.
Importance of Money: Money is a very important thing. The whole world runs on the strength of money. It is a means of exchange. It helps to supply our material needs and progress society. Our peace and happiness depend on the right use of money. Those who have money are called rich. The rich can lead a fine life. Those who have no money are called poor and they lead a pathetic life. They cannot purchase the necessities of life. The benefit of money gives us happiness and the loss of it breaks our hearts. Some lucky individuals can get money from their parents but in fact, the money is earned by labour. People make money through trade, agriculture and other business.
Good Use: Money is a blessing if we can use it properly. Money should be spent on our health, education and other necessities of life. Money must be spent for a high and noble cause. A monk can do much good for his society and thus he can earn a name and fame. With money, we can help the needy, feed the hungry, educate the mass, relieve the sick and help the victims in many ways. All dignitaries spend their money on charity for the upliftment of humanity. They establish schools, hospitals and other useful institutions. Thus they use money properly and they become immortal. Money gives us an opportunity to do good work and earn fame. Religion says that helping the poor is like lending to the Lord.
Abuse: Money is a dangerous weapon in the hands of evil men. It becomes a curse. Bad men use their wealth to persecute the weak and the helpless. Money makes them proud. With the help of money, they kill men, commit great injustice, indulge in luxury and commit all kinds of sins. Thus they misuse the money. They harm others and ruin themselves.
Some people collect money for the love of it. They themselves do not enjoy it nor do they help others. There is no use for that money. This is an abuse of money.
Conclusion: We should earn money from labour and honest work. We should not try to make money in evil ways. Money should be spent only on the essentials of life and not on luxury. The money we save should be spent on good causes.0 0 0
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N. B. The article ‘Money-An Essay’ originally belongs to the book ‘School Essays Part-I‘ by Menonim Menonimus.
Books of Composition by M. Menonimus:
- Advertisement Writing
- Amplification Writing
- Note Making
- Paragraph Writing
- Notice Writing
- Passage Comprehension
- The Art of Poster Writing
- The Art of Letter Writing
- Report Writing
- Story Writing
- Substance Writing
- School Essays Part-I
- School Essays Part-II
- School English Grammar Part-I
- School English Grammar Part-II..