Money saved is money earned essay
Frugality means acquiring goods and services in a restrained manner, and resourcefully using already owned economic goods and services, to achieve a longer term goal. Nowadays, this virtue is not applied by the Americans in their lifestyle like it was used to because they are much more concerned to get what they want, no matter how much it costs them. Americans today are profligate spenders who are not seriously concerned with frugality and thrift like they used to be as they spend wastefully on the things they like rather than on the things they need.
But nowadays the income, which otherwise would have been far more enough to support an average family with some savings for future, is barely enough to cover their monthly or weekly expenses and savings. Some people even have to mortgage their house and properties.
This is mainly because they are unable to suppress their instant desires and expensive habits. Gambling in deluxe casinos, attending exclusive parties, organizing sumptuous get together are the examples of the things Americans like to do, in which they waste more than half of their income in average.
They usually ignore the frugal practices that could prove to be beneficial to improve their lifestyle. When the paycheck arrives the first thing that is done is the payment of bills and then the remaining surplus So, she is now paying five thousand dollars yearly.
This shows the lack of perception on some people who unconsciously deny the application of frugal practices in their life.
A Penny Saved Is A Penny Earned
Thousands of dollars is wasted due to lack of application of frugality in their daily routine. They waste their money in fulfilling their instant desires, expensive habits, luxurious parties.
A Penny Saved is a Penny Earned - Essay - Important India
Americans simply neglect the alternative ways from which they could be acting frugal and saving money. Therefore, Americans today are much more concerned with fulfillment of their immediate wishes no matter how much money they have to waste for it, rather than with the frugality and thrift. Read Full Essay Click the button above to view the complete essay, speech, term paper, or research paper.
Preview A Penny Saved Is A Penny Earned Essay No Works Cited Length: Free Essays Free Essays A-F Free Essays G-L Free Essays M-Q Free Essays R-Z. Additional Popular Essays Excellent Essays Essay Topics Plagiarism Donate a Paper. Company Terms of Service Privacy DMCA Contact FAQ. Essay on All Day Good Luck from Picking up a Penny May Be Coming to an End There is also the sentimental value, and not to mention Abraham Lincoln, to consider.
So is a penny saved, a penny earned.
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