- Emma Parker
- June 29, 2020
Money is mostly considered as the indicator of materialism. No one can depend 100% on it, and no one can do without it.
Suppose you are an unemployed person and everything in your family is running smoothly. When you lose out your job, the situation takes a complete U-turn, and you struggle to get ends meet.
Problems get started, and you see here and there to find out the solution.
Such situations are part and parcel of life. You have to face them and cannot run away. Many people have God-Gifted skills to manage the money in the right way and for the accurate purposes. Some individuals prefer to hire the financial experts and organise the planning according to the instructions given.
You can measure your skills on your own, not anyone else knows better than you. If there is a need, you can also approach money expert. However, you still have to pay his fees.
Whatever the decision you make, the result should be in your favour.
What Does It Mean?
It means money defines your financial constancy and confirms your financial success too. Your social status and your importance in the family are primarily depended upon how much you are earning.
This truth may be bitter, but it is a reality. Money defines your place in society. No matter you are doing a job, a self-employed or a businessperson, you need to use the money wisely so that it can give peace of mind.
Suppose you want to increase your capital and to grow your business. It cannot come by sitting on the chair. You need to plan hard and implement it sincerely, as it gives you the right direction to use the money on the better investment.
The investment that you have made further brings sufficient returns, and subsequently, you see the desired growth of your business.
To make our discussion more precise, we have differentiated two aspects: first, Money as a Friend, and second, Money as a Preceptor.
Now it is time to explain them.
Money As A Friend
To share your emotions and to share your sorrow and happiness, you need friends who can understand you. They can stand with you during tough times and can give valuable suggestions.
Money plays the same role when you need something. You can buy it with having funds. When you misuse the money, it can hurt you back severely, and the whole balance of your life gets disturbed.
If you have funds into your bank account, you can fulfil any personal need and can accomplish any desire. Your wedding day is about to arrive, and the maximum of the preparations have been done. Suddenly, you realise something to buy urgently, but for that, you need fast money. In such a scenario, if you have the savings into your account, then it can certainly help you as a friend.
Let us understand with one more example. You have used the credit card to fulfil the commercial needs of your business or to book the flight tickets to attend the crucial meeting. When it comes to making its payment, you do not have enough money. Here money becomes the problem, but at the same time, it comes as a friend too when you apply for the loans.
The late payments make your credit score worst, and no one wants to spend in your company due to a poor credit score. With getting bad credit business loans on guaranteed approval in the Londoncashlender UK, you can save yourself from drowning into more debt problem.
Money as the Preceptor
In the above explanation, we have learnt that how money becomes our friend. Now the time is to discuss how money can become our preceptor too.
Bad days in our life are often related to money. We are not saying that it happens all the time, but the maximum of the occasions we see money is the issue.
Here we need to understand that money teaches us the real situations of our life.
Why we go for older examples when we have the latest one?
The current situation of Covid-19 pandemic has created an economic halt across the world. Many countries are struggling to keep their economy at the par of growth. We can see that money affects life and money to guide us that we have to be prepared in tackling any situation.
You should use the money to meet your needs and aspirations, not to indulge in more materialism.
Let us retake the example of loans. It will be better if you use the credits to fund your actual needs, not for the enjoyment. Later, you have to make the repayments. If you fail to do so, then there will be more blots to your financial life.
Money guides us to live a life without the unnecessary burden and get the completion of requirements without any obstacle.
Thus, you are well aware when money helps us as the close friend and when it guides us as caring parents.
If we look at the actual position, then we can see that largely depends upon us. It is good that you are earning and earning well in numbers. If you cannot handle it properly, it proves fatal to your finances.
Using money for the right needs is the guarantee of success in your life. Many business people have able to do that, and they have become successful entrepreneurs.