Thinking about opportunity costs may not change the decision you make, but it will give you a more rational assessment of the full implications of your decision. As a result then they kill them. Let us remember that money is to be considered as a means to an end, and not an end in itself. Everything in life is about opportunity costs. Life is way to precious to be handled with money. Opportunity Costs Apply to All Your Choices—Big and Small Opportunity cost is a concept of great magnitude. When we see reality Money becomes an important factor because in Today's world when you are born the need for money starts,firstly for hospital vaccination,then comes your playgroup,school fees,higher secondary studies.
It is the money which fulfils the need of bringing necessary comforts and amenities of the life. If you integrate this concept into your thought process, you will not only make judicious choices, but also better understand the world in which you live. Money is essential that brings for man all his necessities and luxuries for his comfortable existence. We forget our place where we started our life. Wealth will bring you more opportunity to make friends than anything else in the world.
We need to get higher level study and do hard works to get good job or open our own business which requires more skill and confidence. If we don't have money people don't even know us. So much, so good but, in the present day scenario, money is no more a means to an end but, and in itself. It is Normal to think that money is not. Secondly, money cannot provide hope for us.
With the help of money, you can buy anything you like and need not ask others for it. On the social front also, no one has any time to be even aware of about the welfare of the neighbors and colleagues, as each one is busy not only spinning money but, spinning money more than the neighbor. Figure out a way to be more efficient with your time because money can help your family live its dreams. With this experience, I realized money cannot buy happiness, and might also bring a person to a depressing state. Prudence — practical common sense; harmless as doves but also as wise as serpents e.
Opportunity cost is a commanding tool that you should be wise to apply to all decision-making. Help others in times of need— If you have money you can help others you need it. Finally, money cannot take the place of love. Without money nothing can be purchased now a days. But the problem is that people run after money.
Most people might think that having money is all they need to achieve happiness. From the above facts, you can say that money gives you the right to do a lot of things and that is why it is necessary to have the right amount. The importance of money is increasing day by day as the living has become so costly. Easy they have communities, friends and neighbours who help each other out Food being the main source. The way we use it it plays a good role in our life.
Esteem: respect, recognition, reward 5. It is difficult to sustain without money as it is the basic necessity. The happiness of hard work. We should understand that money is not everything. You are fainted you cannot do anything and even the traffic constable stays out of your way not helping you.
To be totally engaged with all my functions, all my faculties, all my capacities in life — to me that would be success. All the changes and differences are just because of the money. It is I think because we are laying too much stress on money and only money. Money is necessary for modern life, but I realized having too much of it will make me think that I have no goal to achieve anymore. Even with less salary you can make out the most of your investments and have a stable life. You gain far more friends than you lose when you get wealthy, and I'm not taking about people who befriend you because you're rich.
Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work. My friend stared in shock for a couple of minutes. He works for a big international consulting firm and gets paid well. On each of the five factors, assign a number, on a scale of 1-10, with 1 being the lowest score and 10 being the highest score. I think money not everything but that is most important other thing we need for our lives. So the more money you. Creatively: Do you get to take part in the planning and decision making of your work? We need money to satisfy our requirement.
They are our family, our friends, and even our new acquaintances. The wife is busy in preparing the office routine, but has no time for the routine service of the family. There are a lot of reasons why we must not depend on money. So, money is the thing of great importance all through the life. For money people are killed children or even adults are kidnapped.