Category: Money

Money power is defined as, “Money is one of the primary collective powers developed by humanity for social accomplishment. Like language, money is an instrument to promote productive, cooperative human social relationships. Money is one of the greatest inventions of all time”.

How Could Money Change Your Lifestyle and Your Way of Living?

Simple if you have a lot of money the word hard work is not be found in your dictionary. Only us commoners need hard work to keep on living, we’re not wealthy to spend our time leisurely because for us commoners every second, minute, and hours count for us to do a living. Those people who are rich are more focus on becoming richer and be a billionaire because of their goal to become the richest in the world and to spend less time with their own families. I’m not saying that all wealthy people are arrogant, but there are some that treat people as trash not in the society, but in their eyes, especially those sons and daughters of a millionaire or billionaire acted so high and mighty to the people who are in slaves of being poor. They spend a lot of money and have a lot to spend their time leisurely, just like they didn’t feel or experience some hardships in life. And if you have money, you wouldn’t experience how hard to live as beggar in the street, how hard to sleep in the railroads, how hard to face hardships alone, how hard to face a crisis on the street without any help from the people around you, but if you have money, you could be a king or a queen in this small world. If you’re a commoner you are treated as an outcast in the society especially those people who acted as a noble. In society nowadays, is that money is the measurement of how powerful you could become.

How Money Could Change Your Life?

There’s a story of a young girl that join in a singing competition on TV. Her family is a commoner, their family way of living is by picking up plastic bottles, cans, and metal and sell it to the junk shop near their house, she’s good at singing and also, she had a mature mindset, you can tell by her looks. She successfully participates in the singing competition and passes the preliminary match, and now she will perform at the next level in the singing competition, and now she will perform in the quarterfinals and also pass. And the next stage is the semi-final, which she also goes to, and in the final she had a wonderful coach, who tells her what to do right, and now she will perform in the final with a large house in front of her. And later on, the champion was mention, and the champion was the little girl and won a 1 million cash prize, house and lot, and a car from Mitsubishi. It’s amazing how her family become rich if you have followed her story. And now the little girl that had a face of a beggar yesterday is now living like an angel today. You will be amazed how much her life changes a lot and also she’s beautiful right now compared to her past self. It’s so amazing how money changes your looks so much even though you’re not that pretty but because of the power of the money, you could change your looks the way you like it. You have now the confidence to face the crowd and being envy by the other people.

Why People Become Slaves for Money?

People are slowing becoming slaves because of money they tend to listen to that person who had a lot of money and become their servants for exchange for some penny. They follow the order of their superior either the command is something bad nor good, simply by following them, they could earn money a real quick. How much dignified you are as a person you will bend if you face money, you will surrender to the money, not to the person who had the money. By doing bad things like selling drugs, weed, ecstasy, inhalers, syringe drugs, cocaine, and etc. could make a lot of money in just a second. Also, many teenagers pursue prostitution even though it’s illegal, they enter this kind of job not just for them to have fun but for them to able to support their families. We can’t deny that life is so hard, hard that you wanted to give but you can’t for the reason that you will leave someone behind. And also, we can’t deny that many parents push their daughters to enter the world of prostitution for the reason that the money is easy way to gain, in this kind of work. Many teenagers are forcefully to stop going to school because of the humor of them going spread like a wildfire. People are doing such things like selling drugs prostitution and etc. just to keep living and to support their families, it’s one of the reasons why people become slaves for money is that they need money to keep them alive.

How Money Change the Government?

The government is not a permanent power if you don’t have money power. And also, before you run for a certain position in the government you should first have money or enough resources to compete with the other politicians because for running as a government official you need a lot of money to make up your agenda. In politics the more money you have, the greater power you can achieve. If the ‘human is the king then the money is the God’ because money makes the world go around and in politics, you are nothing if you don’t enough money to back you up. Money could change the government either it’s a good or bad modification. Some of the politicians are serving their fellow men as human and serve them with a good intention to improve the society and we can’t deny that they are some politicians that are playing ‘two-goodies shoes’, they are playing innocently in front of the media just to look themselves clean but deep inside or outside of the camera the things happened like corruption. No matter how much they acquire, it’s never enough. This approach also aligns with greed. A greedy person never has enough, no matter how much he or she gets. This kind of politician sees their fellow men as a source of income for their corruption and starting to play a good person if they were accused of corrupting people’s money, they starting to blamed other people just to look innocent in the eyes of the media. Also, the government has the power to silence the truth if you just have money to pay them because here in our country the justice system sucks, suck because even justice could be bought by money. The power of money in government is much stronger than in any other power.

How Will be a Commoner Like Me Become Successful and Rich in Life?

By simply not giving up, perseverance, and also hard work. We can’t deny that we’re still young and we will face a lot of problems and hardships in life. We’re still a student that wants to achieve our dreams. But it’s not as easy as we think because there’s always be an obstacle in every path to hinder us and a problem that we wish not to imagined. But if we don’t face those challenges then how could we achieve our dreams? We just need to be optimistic and not be a pessimistic person. If we just failed once we could try again and again, and never give up on our dreams. It’s not time to think that we are a failure because we need to prove to those people that look down on us, and not only those people we need also to prove them that also we commoners that you think like a failure in the society could achieve our dreams and be able to stand on the top, with power of our perseverance, our hard work, and the power to not give up.

Conclusion

In conclusion, many people say that we controlled the money but the truth is that we are being controlled by money. We do bad things like killing other people, selling drugs, prostitution and etc. just for exchange for some money because money could change into a power. If you have a lot of money, you could change your position in the society, lifestyle, your looks, your perspective in life, personality. And also, if you have a lot of money, you seek for more because money is power, the more money you have, the powerful you became. In society, the more money you have the more popular and powerful you became because money is a measurement of popularity and power nowadays.

As we know that necessity of humans always come first. People have three essential things first in their life, nourishment, haven, and garments however these days most individuals don’t have these fundamental things for enduring. The greater part of the created nations confronting destitution issues. On the other hand, government spend more and more money on space research. Envision you possess a house that you have demolished throughout the years and never tried to fix any of its fundamental pieces, similar to the gap in the rooftop, the establishment, running water, nursery, and it has turned out to be unsanitary, you need 1 million dollars to set it up. Rather, you intend to surrender this house since you don’t care for the area at any rate, and you need to get yourself another one. We realize that people exist however we don’t have the foggiest idea whether ‘space makers’ exist so why trouble. On the off chance that there are things out there they don’t hurt us. We individuals in your nation resemble family and you need to support the family.

What amount of cash is given to space investigation? Many Billions. They are paid through awards and financing as well as from a government organization, paid to organizations to create or improve current models or thoughts, and thus, those organizations pay for the materials, and the labor to show those thoughts. This time and commitment could be centered around closure starvation or building creating nations. It could be utilized to expand the endeavors to battle terminal sicknesses or to fight contamination. We could have a workforce overflowing with splendid researchers dealing with how to improve the productivity of our utilization of vitality. Cash could be dispensed for instruction. We must concentrate our assets and endeavors on each issue in turn as indicated by need. In any event, a tenth of our assets and endeavors ought to be utilized by a team for one objective/issue at once. Training ought to be our first need to get everybody on their feet to then help the remainder of the world in a cycle of advancement, so investigating space can hold up until we are sound on the ground except if there is some explanation that investigating space will improve our condition inside the following ten ages more than instruction would improve our condition, that would be difficult to contend for investigation.

Without any doubt, it is our inclination to investigate our condition — yet that condition isn’t zero-gravity, boundaries (and not the endurable limits we experience on earth) of temperatures and landscape. Without a doubt, there is yet our very own generous zone planet we presently can’t seem to completely investigate. Why surge off to space when we’ve not seen most of our planet yet? If individuals had recently remained in their very own areas, they would discover approaches to turn out to be exceptionally cutting-edge with respect to those areas. Likely, it would arrive at the point that if they attempted investigation, they would have the option to profit almost anybody that chanced upon their human progress, and the other way around. Consider it you would from old occasions in Eurasia. The Chinese were just ready to help Europe so well since they were separated from them for such a long time, even though it did extremely just prompt a lot of contentions and war, yet that was simply because of the Europeans voracity.

Here are numerous things in our reality that have not found at this point. Do fixes to AIDS and disease ring a bell? What’s more, shouldn’t something be said about over coming destitution? The fact of the matter is, space investigation is very costly. We should discover an answer for what we don’t know in our reality before investigating an alternate one. We just don’t have the cash or assets. Furthermore, if it’s joblessness you’re stressed over, more individuals to commit their lives to over-coming the issues we think about, and not uncovering more for us to ‘understand’.

To, wrap it up all, I would like to say, money is a tool which we use for our things, but we must spend in correct way. Spend money in space is not wrong, but they can’t ignore the poverty of world because most people they don’t have food for a day. On the other hand, according to WHO everyday thousands of children dying because they don’t have food. Moreover, government can spend this money on education, and they can also spend for homeless peoples. Government should spend money on earth because population and pollution increasing day by day and they can use those money to control disease or they can provide meal to poor families and they must spend money on education.

The issue of money in politics is not new. Those with the biggest pockets are able to sway government policies through donations, fundraisers and campaign finances. Analyzing this from a comparative politics perspective can prove difficult, as countries tend to deal with this issue in different ways. In America, the existence of PAC’s and Super PAC’s gives way to a disproportionate influence within Congress and the executive body, while in the UK, donors can essentially buy access to government officials and ministers. The lack of regulation on money in politics has led to a need for serious reform. Although issues like climate change and Brexit pose a more serious and immediate threat, it is difficult to ignore the fact that climate change cannot be helped without serious political organization and bipartisanship. Under a system like the USA’s, dark money from organizations like Phillip Morris, General Motors and Exxon Mobil can lead to groups like the Heartland Institute forming. They keep prominent climate change deniers on payroll and prevent any real bipartisan policy making, or change taking place. The 2010 Supreme Court ruling in Citizens United vs FEC decided that corporations could effectively spend freely on election campaigns, and significantly increased the power and influence of PAC’s and Super PACS. This level of influence over election results is both undemocratic, and unfair on other candidates. In the 2016 US election, Bernie Sanders vowed not to take any money from outside groups and took only money from voters and personal donations up to a certain amount, whereas Hillary Clinton received millions in donations from outside sources, and a highly disproportionate amount from Super PACS in comparison to Sanders. This opened up debate over electoral reform, however what this really highlights is that money within politics has a disproportionate influence over certain candidates that would act in the favor of large corporations. This also plays a large role within the UK, as involvement with Saudi Arabia displays another instance in which money within politics can skew policy decisions away from what the people desire, toward the desires of corporations and politicians. While a majority of UK citizens would agree that Saudi Arabia’s desires and actions do not align with what the British people would consider their values and goals, the British government, under influence from weapons manufacturers and a mutually beneficial relationship with Saudi Arabia agreed to what is known as the ‘Al-Yamamah’ arms deals in which the UK illegally traded 600,000 barrels of crude oil per day to the UK government, in exchange for British fighter Jets. This mixture between so-called ‘British ideals’ and money within politics skews what the beliefs and goals of the people, and the beliefs and goals of what parliament are. Money influences the direction of policy, and although a normative issue, funds can be measured, studied and analyzed allowing access to a difficult moral debate. These examples display why, above all else money is the main problem within politics today, and although other issues may appear more threatening like climate change, or war or even health crises, the main force behind these is actually money.

As students, you are already having a few adult responsibilities. One of such is budget planning and management. A large percentage of students will not be living with their parents but are living alone or with a roommate or with roommates. How then can you ensure that you properly manage your finances? That is actually the whole essence of this conversation. Whether you are from the upper-class, lower-class or middle-class, we all need money management skills. In order not to be broke by mid-semester, here are some tips you should consider.

The Necessities

Well, I think this is the most important tip. You need to list out all the things you want to buy that categorize them into ‘needs’ and ‘wants’. Just to be clear, ‘needs’ are the things you cannot do without like bathing soap, school books, your rent and so on, while ‘wants’ are the things that you can do without like the latest iPhone, junk food, unnecessarily expensive extensions and so on. ‘Wants’ are great, they are also unnecessary at this point in your life. Your sponsor will most likely give you money that will be enough for the necessities, except they cannot afford all your needs. The truth is, your needs increase as your income increases. Some “wants now become ‘needs’ to you. It is like a universal law. One thing I want you to understand is that you will get there. Do not let peer pressure make you do things that you are not proud of.

Also, in this time and age, students should be intentional about getting extra skills. So, I would advise you should create room in your budget for learning skills that will complement your ultimate goal as an individual.

Mini-Investments and Businesses

So, I mentioned earlier that there are some people whose monthly allowance may not enough for their needs. Some do not even get allowances. What is that business you have been wanting to start? Or that business you can do? Or that investment? It’s time to try it. One thing you should know about wealthy people is that they use the money to get more money. Whether it is buying and selling, investing in stocks, a courier service, maybe even catering services or hairdressing or fashion designing, it is time. These days, everyone should have a side hustle. Put your talents to good use. There are ample online resources that will help you grow your business; in terms of acquiring insights into the business and providing you with a platform to market online. The amazing part? Most of these resources are free, all you have to pay is attention and well, some data.

Another thing is that you have to be sure it is the right thing for you. Is it sustainable? Is it something you love to do? Is it going to affect your studies negatively? Ask yourself the important questions before you venture into any business or investment

Save for the Rainy Day

A certain percentage of your income or allowance should be saved. Savings are very important especially in cases of emergency or capital to start a business/investment. Do not be a ‘spend it all’ kind of person. It is irresponsible to spend all the money that you receive. So, start a saving habit today. There are also times when you will be genuinely broke, even though you stuck to your budget and managed your money well. In cases like that, you would have a savings stash to fall back. Guess why? You planned well.

Have a Weekly Budget and Stick to It

Financial planning requires a lot of calculation. Now, we need you to do a little math. I hope you like math; basic math, at least. So, after you have deducted all your bills (needs) from your allowance, you would have a certain amount of money left. Assuming this is X amount of money, remove a small percentage to save. After you deduct savings from X, you get Y. Then assuming it is a monthly allowance, split that Y amount into 4. So, Y/4 will give you Z. This Z amount of money should be what you spend per week. Now that you have successfully done this, you now need to discipline yourself to stick to it. The self-discipline part is the hard part really. I am not advising you to be rigid with your money. People may come to you for help. Render help but know that you cannot help everybody. Be generous but also be wise.

You Still Have to Have a Little Fun, You Know

I cannot leave this out. You are young and you should have fun. So, create allowances in your budget for fun. ‘Fun’ here includes buying clothes, eating out, going to the cinema and so on. Basically, your wants. You are not supposed to get all you want but getting some of the wants is also important so you do not get bored or boring. You need that juice in your life.

Conclusion

From what we have discussed, the main value you need to manage your finances is self-discipline. Just to give a rough estimate, I would advise that 60% of all you earn should be for your bills, 10% for savings, another 10% for investment, another 10% for fun and another 10% for learning (self-improvement not formal education). Have all these things in place so you do not go about borrowing or disturbing your sponsors for more money because you exceeded your limit for a specific period. As cliche as it is, the man that fails to plan, plans to fail.

Money makes the world go round, well that saying is partially true. Money influences our decision-making process. As emphasized in ‘Study Reveals Who Influences the Financial Behavior of Children’ by Copywriter Jessica Horton, the fact that 44% of Americans learned the most about personal finance from their parents (Horton). The way we handle money is affecting our future and our children’s future. I am personally affected in several ways by money. My happiness is constantly squandered by money. All ages could tell you how money can make someone feels instantly.

They would be happy to acquire the money they didn’t have. Now it depends on where the money goes for it to be beneficial to the one who secured it. Mentally and emotionally dependent on how you put this great amount to use. It could have ranged effects on people, having to deal with money even the amounts they wished for.

As emphasized in the article ‘Disadvantages of Being Rich’ by MD Fredric Neuman, there are many downfalls when being in control of large sums of money (Neuman). Especially if someone infatuated to have a lot of money ends up meeting that goal, their life plan has been compromised. They would have to rearrange their life around this money they now have, which is a significant lifestyle change. People you knew are going to see a bigger difference between lifestyles and personal life. It may not be as pleasant as many thinks, there was a man who won the lottery, and had to lose the job he was liked. He lost his friends due to differences, his wife started to feel distanced because of the non-working lifestyle he had now attained (Neuman). Neuman reports these stories to educate the disadvantages that come with being rich. Many are blinded by the American dream, being a part of the elite.

Rich people receive the emotional and physical effects of money. The effects can happen during everyday use. As urged in the article ‘21 Reasons Why Money Can’t Buy Happiness’ by Wealth Manager, Northstar Financial Planning, Inc. Rachel De Carolis, “The bottom line then is that money can perhaps buy you some happiness – but it all depends on how you spend it” (De Carolis) There are boundaries when being rich, which is surprising to hear. There comes a point where one becomes rich enough, they have to reevaluate their motivation for acquiring more.

As emphasized in ‘Why Aren’t Rich People Happy with Their Wealth’ by Staff Writer Joe Pinsker, coming to that point, other motivations take over (Pinsker). After people are financially successful, it is recorded that “the instinct to measure and compare money is still there. People are often motivated to acquire more money by the thrill that comes with multiplying one’s fortune by making investments, buying up businesses, and so forth” (Pinsker).

These articles helped teach me about the stress of American life involved with money. How money only makes you happy if you have good investments. As well as having a lot isn’t going to make your life better. Some drawbacks that could be shown would be seeing money as an object that won’t go away too quickly. It has a bigger long-term purpose than most might know, how you use your money could start a train reaction limiting future amounts. The only positive outcomes from these wise challenges you are going to face would be learning earlier than most. As for the poverty-stricken families, children can see the effect of not having money as well as the impact of not making wise decisions with their money. Kids can be introduced to the relationship between actions and the positive and negative effects that follow (Horton). Horton explains “It can be a bit worrisome when taking into account the admitted poor financial skills of the majority of Americans” (Horton). There is always that risk whether the kids will benefit from being in a wiser decision-making a lifestyle or take on bad habits from their parents, not knowing the positive and negative. The children could learn at an early age about the emotional and physical effects of money. Money can bring out emotions in everyone, it could shift the environment and emotions of those around. ‘The psychological Effect of Being in Poverty’ by Daily Kos Community member Ladyrhiannon824 for example. This article describes how people are affected in certain areas of their lives by poverty, it’s most of the time. Ladyrhiannon824 emphasized “Poverty-stricken individuals are also faced with more chronic, uncontrollable life events. Medical care is a serious issue since most poor individuals are either uninsured or under-insured” (Ladyrhiannon824). The way we handle money is our future.

Money is valuable and powerful, don’t underestimate our currency and its involvement in our lives. Circumstances may fall short in your favor. Money shouldn’t be idolized either, it is nothing more and nothing less than a tool given to us for trade to help our lives for the better. People should care about how their perspective of money shifts every decision you make. You have to make wise decisions so you can use the money in your favor. Life is meaningless and tough if you constantly set yourself back by making amateur decisions with your finances. Especially if your world is evolved around it, you should be cautious. Studies have proven that people struggle emotionally, mentally, physically by money. Even the very people around us, it should be an open discussion amongst every household. Especially in low-income families, poverty can affect you deeply. Get in touch with one another and make sure everyone is doing well with their financial situation and make yourselves comfortable. It isn’t worth it to worry every day if you can save the daily stress. Sit down, plan and motivate yourself to resolve your financial situation. We are only human, we can be challenged by our financial circumstances, emotions make it harder to keep going every day with good health. It’s best to see where you are at, so you can take care of yourself.

Saving is an attitude of the person keeping extra money before or after expenses. It is very important and needs to be a priority in life. However, most of the financial expert suggests that savings must be done before expenses and includes in the personal budgeting. Life is unpredictable, maybe a sudden car repair, the stove that stops working, or a medical emergency could occur. This fact was clearly defined by Merriam-Webster website dictionary that saving is, “preservation from danger or destruction” and “the excess of income over consumption expenditures”. With this definition, saving builds discipline in a person on about their financial matters, which gives a positive effect on everybody’s lifestyles. The interesting part of saving money can provide a safety net for all the unexpected events or emergencies and make life happy. Therefore, it is better to save money for a rainy day than spending it now.

The main reason for saving for a rainy day is giving everyone a worry-free life in terms of unexpected life events and sudden expenses. According to Lloyds Bank head of savings Mark Rawcliffe, habitual savings provide an “ease financial worries and reduce stress” (qtd. in Hannah). This idea sounds true: any personal projects like car repair or a new roof for the house need savings to directly solve these issues. For medical emergencies, especially if needing urgent treatment, the need for money is surely important. The budget for the treatment can be funded by the available savings. If savings are consistent, a person can cover all this cost without going into debt, using credit, or getting a loan. Spending today to satisfy and enjoy life in a reasonable way is fine because people say life is too short to deprive one’s self of all life’s wants and experiences. Still, the most important thing is balancing current expenses with the ability to finance realistically everything, especially unexpected life expenses, through savings. Nobody knows during spending without controls that some expenses might happen and savings are not available, so worse situations arise. Saving is worthy because the joy of being prepared and not worrying is the biggest achievement in life.

Another reason for saving for a rainy day is giving everybody a financial back-up for many life plans and goals. The family member planning for a wedding needs a lot of preparations, especially financing the ceremonies of these life events. Similarly, a child going for a college education needs tuition, books, dorm stuff and a lot more. These kinds of life plans and goals are easier and will surely materialize if savings are available before all these events happen. The cash reserves from saving can be also a big help in starting a business by funding the initial capital. Without ample savings, the plan for making a business will never happen. Joe Morrin asserts in his article “having a plan and being diligent in your approach to savings…provides a sense of accomplishment”. The personal savings that have been arranged before can make these plans and goals happen. Lavish traveling in many places while young is a must because of social pressures. At the same time, this plan of excessive vacations will remain just a plan if the budget is not available. A huge savings is a must to make this traveling goal a reality and give the person a sort of happiness in seeing many places during a vacation tour. If spending is always uncontrolled, these life plans will never materialize. The availability of reserve funds by saving makes all the plans feasible and results in self-fulfillment.

The last reason for saving for a rainy day is giving everyone a comfortable and abundant retirement. The earlier the person starts to save, the more the retirement money grows, and everyone is aware of this fact. Putting a small amount consistently in savings every month can earn interest over the long period of term, and this idea should be a good habit to acquire while younger and earning more. A good example of this is the state pension which surely will provide enough income in the future to cover all costs. Also, a lot of saving investment provides a maximum advantage during employment, and a good example of this is the 401-K enrollment which gives an employee a perk of more savings from the company’s shares. Another good idea is the money refunded from a yearly tax refund. Invest in mutual funds or any stocks that grow their value instead of spending it or keeping it in a regular bank account which earns very small interest. During the younger years, saving for retirement can provide a kind of life satisfaction because a person has a sense of security for the future. Sam Dogen personally supports this idea because “savings gives people peace of mind, pride, and independence”. Savings during younger years will give happy retirement days of which everybody is dreaming. Spending during younger years is normal because everybody wants to enjoy life to the fullest while young or try to treat themselves with all their hard-earned money. However, there should also be a portion of savings for getting older which gives a sense of life achievements and self of responsibility while young.

The consistency of saving for retirement is a good practice in life for having a better life and happy retirement.

The rationale of the concept of saving money for the rainy day is necessary for everyone’s life, because it permits a future without worries which saves a person from all unexpected expenses. Saving money creates stability in living with a less stressful life and the result of happiness. Most of the unexpected occurrences can be easily managed with this concept of saving. A person can make all the plans and goals in life happen and provide a sense of happiness and realization in life. In the end, the attainment of all goals creates happiness, makes a quality of life and gives a sense of financial security. Most of all, a comfortable and happy retiring in the future with an abundant living from all savings can make a person feel content. An absence of fear of going broke during retirement is the best feeling of all. It is better to have money for what may happen in life than spending it now on what a person wants. Encouraging everyone to start saving money for a rainy day is essential because the saved money can affect a lot of things in the human’s life. The idea of saving is an important tool to initiate the simple solutions to life’s problems. This creates motivation for everyone to enjoy and have a meaningful life. Saving will cover tomorrow’s expenses and provide a restful sleep with nothing to worry about the next day expenses. Also, might be an ingredient for a happy relationship because everyone gets satisfaction in the effects of it. Savings can keep everybody healthy because providing health care is possible if the financial level of everyone is enough. Having money saved up increase the sense of well-being in life. People who save regularly feel better about themselves because saving gives one’s self the confidence to face the future, gives everyone’s peace of mind, makes the person feel proud about themselves, and gives them a sense of independence.

Whether you like it or not, money is quintessential in this life. Unfortunately, no longer anybody is aware of how to deal with money. People would frequently combat when it comes to dealing with money.

In the contemporary situation of the world economy, it is very important to reduce your prices and be capable to keep money. Money administration is an essential ability to study because it can assist you to control your cash accurate except overspending and nonetheless have something left for emergency funds.

In cash management, it is important to make a listing of the things that you need and the matters that you want. This way, you will be capable to understand your priorities. Rather than spending lavishly, you will be capable to allot cash only to things that you surely need.

Setting your priorities isn’t the solely answer because if you have a constrained income, then you must quit spending unnecessarily and focal point greater on your needs.

For compulsive shoppers, it can be difficult to manipulate yourself but it is very vital to be able to do so. You need to be extra conscious of your monetary scenario and manipulate your impulsive behavior when it comes to shopping. It is also fundamental to be able to decide which product can give you the pleasant deals via evaluating the product value and price.

Reducing your domestic prices can considerably assist you in managing your finances so that you will still have money for emergency funds. Do maintain in thought that it is necessary to continually have money with you in case something happens.

While some would think that emergency dollars are now not that important, you must understand that the idea of having money that you can use on every occasion you need it can give you a experience of security. Although money management isn’t always entirely based on emergency funds, including this is nevertheless recommended.

True enough, it can be difficult to limit your expenses specially if you have emerge as used to your money-spending lifestyle. However, turning into extra conscious of your cash drift can supply you an overview of how a good deal you absolutely want and how a great deal you have been spending unnecessarily.

It is essential to set private economic goals. These goals must help you to limit your spending and expand your savings. Have a target amount for your savings and be serious about it. When it comes to non-public finance, consulting a professional would additionally be an accurate move.

Specific Purpose: To persuade my audience to sign a petition that will help teachers get a raise on their average salary compared to athletes

Thesis: Instead of paying pointless athletes millions of dollars, Teachers deserve to be praised in the best way possible due to their financial struggles, the ability to instill qualities that students will use in their daily lives, and the countless work hours in and out of the classroom that goes unnoticed.

I. The Attention Step

• Attention: A. Wouldn’t it be amazing to make nearly $120 million a year simply to play a sport? Lionel Messi, along with many other professional athletes, certainly agrees. But do these players really deserve all that money?
• Significance: B. We continue to see professional athletes sign contracts for millions of dollars a year. I have yet to comprehend how any athlete is worth that kind of money. I’m not jealous, but I’ve always been struck by the unfairness of it. How can we pay professional athletes that type of money to play a game, and those who teach and mold our future be paid such an insignificant amount in comparison?
• Relevance: C. Teachers should earn a higher salary. Teachers are molding and educating our future generations, which has a much more lasting effect on our nation’s existence than a professional athlete. Doing a difficult job, such as properly educating students, requires a lot of patience and hard work. The future of our nation depends on teachers to teach the next generation of Americans.
• Credibility: D. After extensive research on the salaries of teachers versus Athletes I feel strongly that Teachers are unvalued in the field of education. As a student, I value a teacher that will go out of their way to guide me in the best way possible toward my future goals. Most of the teachers throughout my high school journey never fail to spend countless hours to make sure I am on the right track and I truly believe they deserve higher pay for the amount of work they do that goes unnoticed.
• Thesis: E. Instead of paying pointless athletes millions of dollars, Teachers deserve to be praised in the best way possible due to their countless work hours in and out of the classroom, financial struggles, and the ability to instill qualities that students will use in their daily lives.
• Preview: F. Teachers aren’t being recognized enough and don’t make the amount of money they deserve compared to athletes. This poses a significant and lasting threat to our education as students. With that general statement of the problem, I would like now to comment in more detail on three matters of concern: the financial instability of a teacher, the countless hours of work they do that go unnoticed, and a solution for a better education system.

II. The Need Step

A. First Main Point As I see it the first component of the problem is that teachers barely make enough to satisfy their needs.

1. First I will briefly describe the financial issues teachers go through.

• a. Many people know that teachers are underpaid. No one wants to have a job that underpays and devalues them. Some teachers have to work a second job, just to make ends meet. Teachers impact our society tremendously. If we underpay them, we are not valuing their importance. They teach students, inspire them, and look after the well-being of students. We as a country need to take initiative in our education. To do this, we need to start by paying our teachers more and giving them recognition for all that they do.
• b. The average teacher salary in the United States is $57,719 as of January 20, 2020, but the range typically falls between $50,390 and $66,631. (salary.com)
• c. Inflation has also decreased teachers’ salaries. According to the NEA (National Education Association), the average classroom teacher’s salary has decreased by $1,823.
• d. Kobe Bryant is able to make at least $18,000 for every minute played in the NBA during 2015–16. In just 3 minutes of playing the game, athletes come close to the amount teachers make a year. (Sports Illustrated) Teachers do more than just simply dribble a ball and make baskets. As we look at these players who we pay millions of dollars to in order to watch them play a sport, I wonder if we could just give a small percentage of the money, time, and enthusiasm to the people who really deserve to get paid more and who actually, most likely, make a much bigger impact on your life – your teachers and mentors– the people who prepare you for really living your life not a game that is used for entertainment.

2. Second, I will describe how teachers shape students into mature adults later on in life.

• a. Teaching is a profession that makes an impact. Teachers make an impact on students’ lives every day. During my years of schooling, there have been many teachers who have made an impact on me and helped me get to where I am now. I do not think that inspiring teachers should be underpaid. They make a huge impact on each and every one of their students and they need to be acknowledged for it.
• b. According to the Teacher Salary Project, 77 percent of adults felt that teaching was one of the most under-appreciated professions in the U.S.
• c. Studies also prove that a great teacher can instill a year and a half’s worth of learning in a student in one year. (Teacher Salary Project)

B. Second Main Point The second component of the problem is that we don’t realize the countless hours that teachers spend during and outside of school.

1. In most other professions, employees do not have to take their work home. Teachers, on the other hand, have to take their work home. They have to spend hours coming up with lesson plans that will engage students. They also have to spend time grading their students’ assignments, tests, and quizzes and because they do not have time out of their day to spend doing this, they have to take their work home. It is important to take into account the average teacher’s salary and the hours they spend at work.

• a. Teachers work an average of ten hours per day and 1,927 hours per school year. (Teacher salary project)
• b. Many believe that Teachers are well paid because they have summers off.

This is not the case, Students are the ones that have summers off. Teachers spend summers working second jobs, teaching summer school, and taking classes for their renewal of certification or to pursue higher degrees. Teachers are only paid for the days that are in their contract to work. (NEA)

[Now that we have a clear understanding of the problem, let me share my solution with you.]

III. The Satisfaction Step

• A. First Main Point An effective solution could have two components. We first need to look at the first component to solve this issue. We should urge the board of education to support the raise of salary among teachers. Paying teachers what they should be paid can completely transform the education system.
• B. Second Main point The second component of the solution is to urge legislators to stop destructive policies that hurt public schools and suppress salaries. These policies include: diverting much-needed funding to charter schools. If our country is serious about helping students, then teachers should be well taken care of. Their professional work deserves professional pay. If we want to attract and retain top-tier talent in the teaching career so that we can build a world-class K-12 public education system, we have no choice but to forcefully raise teacher salaries.

IV. The Visualization Step

• A. First Main Point Teachers have a great deal of stress already due to the amount of work they have involving planning, grading, etc. On top of this, their financial status does not help in any way either. Teachers deserve to be making millions and millions of dollars because their work will be used by millions of students around the country. Visualize this: If teachers were paid like athletes you would see the smartest people wanting to become teachers and other Kids would want to grow up wanting to be teachers just like kids grow up wanting to be pro athletes and that would have a positive impact on future generations. Teachers would also be motivated financially and seen as prestigious driving the latest cars, having huge houses, and living worry-free. They could also be featured on television just like famous athletes and be featured as the top teachers. This would completely change the way we view our education system.

V. The Action Step

• A. Brief Summary In closing, I really believe that the education system for teachers can be majorly improved. These statistics should have shown how we take our education for granted and the reasons teachers deserve higher pay. It amazes me how we give so much recognition to athletes when in reality without a teacher these players wouldn’t be able to make it to the playoffs and be as successful as they are today. We owe our teachers a huge thank you and what better way than to raise their pay?
• B. Physical Action Today, please sign my petition to help raise the pay of teachers. Without their guidance and hard work, none of us would be where we are right now.
• C. Facilitate Action Won’t you help me effectuate this change? You can all take out your phones and use the link to support and take a stance for higher pay for teachers. I sincerely hope that all of you will come together and encourage one another to take the steps towards a better life for teachers. If the board of education and students worldwide show their value for teachers, it will not only benefit us but them as well. It is time they shine like a true athlete and get the pay they deserve. Our knowledge is in the hands of our mentors!

What makes precious metals so “precious”?

Precious metals are called so for a reason. The yearly production of these is quite limited. Their scarcity – is what breeds their value and uniqueness.

There are three major highly valuable metals that you can trade with – platinum, gold, and silver.

Precious metals have been serving mankind in various shapes and forms (money (coins), investment tools, industrial commodities) all over the global marketplace for ages.

Why would anyone invest in precious metals while having a paper money system? – you might ask.

Well, if we refer to history we can track that fiat currency has actually failed in many different countries and cultures, while silver, gold, and other metals managed to stay globally valuable commodities through the centuries.

During times of political or economic inconstancy, it is prevalent to see a sudden increase in demand. The wobbling of bonds, stocks, funds, and real estate can also push people toward giving their preferences to precious metals. If securities can be threatened, metals are staying a valuable asset that people can keep in their possession.

Precious metals have low to negative correlations to other asset types such as bonds and stocks. Meaning, that even if the smallest percentage of metals is included in an investor’s portfolio, it will lead to a reduction of both risk and volatility.

Nowadays, most financial advisors will recommend their clients diversify their portfolios to help to minimize risk. And here is where precious metals are used. They have proved to be a safe haven for investors while staying more or less stable for the past decades that were full of economic uncertainty. Metals can also serve as a hedge against inflation, as you can’t create more than is already available, they can’t be inflated.

And of course, precious metals are known as an exemplary stand-alone type of investment with a great capital potential that is based on modern demand and supply.

These metals can truly be called a global currency that offers investors a unique tool of a tangible asset with exceptional liquidity, which is so important in today’s market.

Role of silver in the global market

Silver is included in the list of the most traded precious metals as it has the advantage of countering inflation and protecting against other economic and financial crises.

Despite being a byproduct of other metals, silver attracts investment demand for the longest time. It is well known for its unlimited usage possibilities in all spheres. Apart from being used in medicine, and jewelry, It’s noted to be highly required in the industrial production of solar panels, phones, computers, microwaves, and other kinds of electronic devices. Sometimes, silver is even used in nuclear energy! New ways to utilize silver are created almost every day.

Therefore it plays an important role in both commodity and financial investment assets.

Investors buy physical silver in form of coins or billions. The majority of it is mostly purchased in Germany, U.S., and Canada. There is also a high demand for silver in emerging markets, though they prefer it in jewelry, and religious and cultural ornaments, which can be easily melted down, reshaped and resold.

Silver bullion and coin investments are a great and efficient way to hedge against inflation and any other financial market shifts.

The query of whether or not allowances are proper or wrong is one that has been argued for lots generations. Now it’s your turn, as a determine, to determine whether or not or now no longer an allowance is an excellent manner to train your toddler approximately monetary responsibility. There are many motives given on why an everyday fee of cash to a toddler has to or shouldn’t be achieved in the end I accept as true that there’s no proper answer, it’s far as much as every man or woman own circle of relatives to determine what’s the excellent choice for them. Through a few years of running with mother and father and educators, those are the pinnacle of seven motives I preserve listening to the query of why youngsters get allowances.

1. They learn how to be sensible with how they spend their cash. It may also assist to educate them on the way to prioritize their spending, & research from an early age as what matters is a waste of money.
2. They discover ways to shop for cash. Having an everyday quantity of cash, can also additionally make it less complicated for them to set up top saving habits, as a sure percentage of the cash from every fee may be located right into financial savings account piggy bank. Without an allowance, any cash they receive, might also additionally without a doubt be spent, with nothing going to financial savings.
3. They discover ways to donate their cash. A sure percentage of their cash also can be allotted to donations to the needy, with a bit of luck encouraging your infant to be extra considerate of others, & now no longer grasping with their cash.
4. They will discover ways to price range their cash so it lasts among payments. Eventually, maximum youngsters will learn how to be cautious about how they spend what restricted cash they have, in order that they don’t run out of cash. This will best happen if the figure doesn’t supply into the preliminary whining for extra cash while the error is first made!
5. They can learn how to make errors with small quantities of cash. Kids will discover ways to control their budget responsibly some distance faster thru being allowed to make errors themselves (and struggling with the results), instead of being instructed how they have to be dealing with their cash via way of means of a person else. Parents want to be there to manual their kids on how they have to spend their cash, however now no longer dictate (until there can be extreme results from their errors).
6. They might also additionally prevent nagging you for cash. The concept is, if they may be receiving a everyday quantity of cash, and they have an excellent knowledge of the way to price range it then they’ll in no way run out of cash, so won’t maintain pestering you for extra. Realistically, it’ll likely in no way place a whole quit to the nagging for cash, however, it ought to lessen it.
7. You may also emerge as splashing out much less cash. If you take a seat down, and upload how an awful lot cash you provide your baby for the duration of the week & how a good deal you spend on gadgets for them (e.g. clothing), it is able to surely training sessions less expensive to provide them an allowance and lead them to liability for a number of their purchases.

As I stated earlier, an allowance isn’t always the first-class choice for each own circle of relatives, however, those are a number of the motives why many mothers and fathers & educators trust an allowance is the simplest manner to go. Some households though, won’t have sufficient room within the circle of relatives’ finances to offer their kids a normal charge, or may also surely no longer agree with it for her personal non-public motives. Either manner you choose, I actually have visible with my personal eyes, kids from every aspect of the fence who’s grown as much to be first-rate cash managers, and also youngsters who appear to don’t have any concept. Ultimately, it comes right all the way down to how a lot steering a baby gets from their mother and father’s guardians in cash whether or not thru an allowance or now no longer.