Over the last few years there has been much controversy as to whether it is better to spend all your money or to save up for retirement. Many argue that saving up for retirement is by far the best option, while others claim that spending all your money has more pros than cons. In this essay, I will analyze the pros and cons in order to come to a conclusion.
Undoubtedly, putting some money aside for a rainy day can be great way to avoid worries about money issues and to ensure your future health care.
It's a well known fact that saving up money offers you the possibility of living off your savings in case you lost your job. There is also the cliché that saving up money is great because you could need that money to pay for an expensive surgical procedure you might need, and there is a grain of truth to it.
However, when analyzed in more detail, puting money aside can also be a great source of worries. If we look closer, we will realize that saving up money isn't actually all it is cracked up to be. For one thing, saving up money may cause unhappiness. We should forget either that this aspect could very easily lead to an obsessive greed.
Besides, spending all your money in a clever way offers you a far wider range of possibilities when it comes to enjoying your life to the fullest or if you require instant gratification.
Take for instance if you love travelling abroad you'll need money in order to afford it. Another major advantage is that if you should want to buy the newest car all your needs would be met.
To sum up, even though saving up money for your retirement has some advantages like avoiding worries about money and to ensure your health care, the fact that spending all money allows you to enjoy your life to the fullest and gives you an instant gratification, makes it quite clear that spending all your money wisely constitutes the best option by far.
Undoubtedly, putting some money aside for a rainy day can be great way to avoid worries about money issues and to ensure your future health care.
It's a well known fact that saving up money offers you the possibility of living off your savings in case you lost your job. There is also the cliché that saving up money is great because you could need that money to pay for an expensive surgical procedure you might need, and there is a grain of truth to it.
However, when analyzed in more detail, puting money aside can also be a great source of worries. If we look closer, we will realize that saving up money isn't actually all it is cracked up to be. For one thing, saving up money may cause unhappiness. We should forget either that this aspect could very easily lead to an obsessive greed.
Besides, spending all your money in a clever way offers you a far wider range of possibilities when it comes to enjoying your life to the fullest or if you require instant gratification.
Take for instance if you love travelling abroad you'll need money in order to afford it. Another major advantage is that if you should want to buy the newest car all your needs would be met.
To sum up, even though saving up money for your retirement has some advantages like avoiding worries about money and to ensure your health care, the fact that spending all money allows you to enjoy your life to the fullest and gives you an instant gratification, makes it quite clear that spending all your money wisely constitutes the best option by far.
| ˈəʊvə ðə lɑːst fjuː ˈjiəz ðə həz biːn ˈmʌtʃ ˈkɒntrəvɜːsi əz tə ˈweðər ɪt s ˈbetə tə spend ɔːl jə ˈmʌni ɔː tə seɪv ʌp fə rɪˈtaɪəmənt | ˈmeni ˈɑːɡjuː ðət ˈseɪvɪŋ ʌp fə rɪˈtaɪəmənt s baɪ fɑː ðə best ˈɒpʃn̩ | waɪl ˈʌðəz kleɪm ðət ˈspendɪŋ ɔːl jə ˈmʌni həz mɔː prəʊz ðən kɒnz | ɪn ðɪs eˈseɪ | ˈaɪ wl̩ ˈænəlaɪz ðə prəʊz ənd kɒnz ɪn ˈɔːdə tə kʌm tu ə kənˈkluːʒn̩ |
ʌnˈdaʊtɪdli | ˈpʊtɪŋ səm ˈmʌni əˈsaɪd fər ə <rainning> deɪ kən bi ˈɡreɪt ˈweɪ tu əˈvɔɪd ˈwʌrɪz əˈbaʊt ˈmʌni ˈɪʃuːz ənd tu ɪnˈʃʊə jə ˈfjuːtʃə helθ keə |
ɪts ə wel nəʊn fækt ðət ˈseɪvɪŋ ʌp ˈmʌni ˈɒfəz ju ðə ˌpɒsəˈbɪlɪti əv ˈlɪvɪŋ ɒf jə ˈseɪvɪŋz ɪn keɪs ju lɒst jə dʒɒb | ðə z ˈɔːlsəʊ ðə ˈkliːʃeɪ ðət ˈseɪvɪŋ ʌp ˈmʌni z ˈɡreɪt bɪˈkɒz ju kəd niːd ðət ˈmʌni tə peɪ fər ən ɪmˈpɔːtnt ˈsɜːdʒəri ju maɪt niːd | ənd ðə z ə ɡreɪn əv truːθ tu ɪt |
haʊˈevə | wen ˈænəlaɪzd ɪn mɔː ˈdiːteɪl | <puting> ˈmʌni əˈsaɪd kən ˈɔːlsəʊ bi ə ˈɡreɪt sɔːs əv ˈwʌrɪz | ɪf wi lʊk ˈkləʊsə | wi wl̩ ˈrɪəlaɪz ðət ˈseɪvɪŋ ʌp ˈmʌni ˈɪznt ˈæktʃuəli ɔːl ɪt s krækt ʌp tə bi | fə wʌn ˈθɪŋ | ˈseɪvɪŋ ʌp ˈmʌni meɪ luːs jə laɪf ˈbæləns | wi ʃəd fəˈɡet ˈaɪðə ðət ðɪs ˈæspekt kəd ˈveri ˈiːzəli liːd tu ən <obsesive> ɡriːd |
bɪˈsaɪdz | <spendind> ɔːl jə ˈmʌni ɪn ə ˈklevə ˈweɪ ˈɒfəz ju ə fɑː ˈwaɪdə reɪndʒ əv ˌpɒsəˈbɪlɪtɪz wen ɪt kʌmz tu ɪnˈdʒoɪ jə laɪf tə ðə ˈfʊlɪst ɔːr ɪf ju rɪˈkwaɪər ˈɪnstənt ˌɡrætɪfɪˈkeɪʃn̩ |
teɪk fər ˈɪnstəns ɪf ju lʌv ˈtrævl̩ əˈbrɔːd jul niːd ˈmʌni ɪn ˈɔːdə tu əˈfɔːd ɪt | əˈnʌðə ˈmeɪdʒər ədˈvɑːntɪdʒ ɪz ðət ɪf ju ʃəd wɒnt tə baɪ ðə ˈnjuːɪst kɑːr ɔːl jə niːdz wʊd bi met |
tə sʌm ʌp | ˈiːvn̩ ðəʊ ˈseɪvɪŋ ʌp ˈmʌni fə jə rɪˈtaɪəmənt həz səm ədˈvɑːntɪdʒɪz ˈlaɪk əˈvɔɪd ˈwʌrɪz əˈbaʊt ˈmʌni ənd tu ɪnˈʃʊə jə helθ keə | ðə fækt ðət <spendind> ɔːl ˈmʌni əˈlaʊz ju tu ɪnˈdʒoɪ jə laɪf tə ðə ˈfʊlɪst ənd ɡɪvz ju ən ˈɪnstənt ˌɡrætɪfɪˈkeɪʃn̩ | ˈmeɪks ɪt kwaɪt klɪə ðət <spendind> ɔːl jə ˈmʌni ˈwaɪzli ˈkɒnstɪtjuːts ðə best ˈɒpʃn̩ baɪ fɑː |
ʌnˈdaʊtɪdli | ˈpʊtɪŋ səm ˈmʌni əˈsaɪd fər ə <rainning> deɪ kən bi ˈɡreɪt ˈweɪ tu əˈvɔɪd ˈwʌrɪz əˈbaʊt ˈmʌni ˈɪʃuːz ənd tu ɪnˈʃʊə jə ˈfjuːtʃə helθ keə |
ɪts ə wel nəʊn fækt ðət ˈseɪvɪŋ ʌp ˈmʌni ˈɒfəz ju ðə ˌpɒsəˈbɪlɪti əv ˈlɪvɪŋ ɒf jə ˈseɪvɪŋz ɪn keɪs ju lɒst jə dʒɒb | ðə z ˈɔːlsəʊ ðə ˈkliːʃeɪ ðət ˈseɪvɪŋ ʌp ˈmʌni z ˈɡreɪt bɪˈkɒz ju kəd niːd ðət ˈmʌni tə peɪ fər ən ɪmˈpɔːtnt ˈsɜːdʒəri ju maɪt niːd | ənd ðə z ə ɡreɪn əv truːθ tu ɪt |
haʊˈevə | wen ˈænəlaɪzd ɪn mɔː ˈdiːteɪl | <puting> ˈmʌni əˈsaɪd kən ˈɔːlsəʊ bi ə ˈɡreɪt sɔːs əv ˈwʌrɪz | ɪf wi lʊk ˈkləʊsə | wi wl̩ ˈrɪəlaɪz ðət ˈseɪvɪŋ ʌp ˈmʌni ˈɪznt ˈæktʃuəli ɔːl ɪt s krækt ʌp tə bi | fə wʌn ˈθɪŋ | ˈseɪvɪŋ ʌp ˈmʌni meɪ luːs jə laɪf ˈbæləns | wi ʃəd fəˈɡet ˈaɪðə ðət ðɪs ˈæspekt kəd ˈveri ˈiːzəli liːd tu ən <obsesive> ɡriːd |
bɪˈsaɪdz | <spendind> ɔːl jə ˈmʌni ɪn ə ˈklevə ˈweɪ ˈɒfəz ju ə fɑː ˈwaɪdə reɪndʒ əv ˌpɒsəˈbɪlɪtɪz wen ɪt kʌmz tu ɪnˈdʒoɪ jə laɪf tə ðə ˈfʊlɪst ɔːr ɪf ju rɪˈkwaɪər ˈɪnstənt ˌɡrætɪfɪˈkeɪʃn̩ |
teɪk fər ˈɪnstəns ɪf ju lʌv ˈtrævl̩ əˈbrɔːd jul niːd ˈmʌni ɪn ˈɔːdə tu əˈfɔːd ɪt | əˈnʌðə ˈmeɪdʒər ədˈvɑːntɪdʒ ɪz ðət ɪf ju ʃəd wɒnt tə baɪ ðə ˈnjuːɪst kɑːr ɔːl jə niːdz wʊd bi met |
tə sʌm ʌp | ˈiːvn̩ ðəʊ ˈseɪvɪŋ ʌp ˈmʌni fə jə rɪˈtaɪəmənt həz səm ədˈvɑːntɪdʒɪz ˈlaɪk əˈvɔɪd ˈwʌrɪz əˈbaʊt ˈmʌni ənd tu ɪnˈʃʊə jə helθ keə | ðə fækt ðət <spendind> ɔːl ˈmʌni əˈlaʊz ju tu ɪnˈdʒoɪ jə laɪf tə ðə ˈfʊlɪst ənd ɡɪvz ju ən ˈɪnstənt ˌɡrætɪfɪˈkeɪʃn̩ | ˈmeɪks ɪt kwaɪt klɪə ðət <spendind> ɔːl jə ˈmʌni ˈwaɪzli ˈkɒnstɪtjuːts ðə best ˈɒpʃn̩ baɪ fɑː |