Having Money and Its Pros and Cons - 655 Words

A recent study from Harvard University claims that money plays an important part in people’s level of happiness. However, the study also found that excess money could create stress and distress. Many people believe that having money is everything and that without money they cannot have the life they truly want. While there are others that insist that money does not buy happiness and raise the question: how much money do we really need? The importance of money has become so important for life that we cannot survive without it. We need money for almost everything, such as food, clothes, housing and etc. So consequently making large amounts of money is much better than making a comfortable living. Those who have more money surely earned it by spending nearly all of their free time working. So one obvious con to being satisfied with making a comfortable amount of money is for instance that they have more time to spend with their family. Not having to work weekends, crazy hours or overtime results in a lot more free time that they could spend doing fun activities with their family and friends. In addition their life does not ultimately revolve around money and they have other objectives in life. They do not waste their time on a race for the best quality of life, which most of the time can be quite apprehensive. The flaws on the other hand are quite straightforward; there is not much you can do without money. Money may not be able to buy happiness, but money pays the bills.Show MoreRelatedThe Prison System And The Jail System1352 Words   |  6 Pages and what this system can do for the citizens. Second address the cons and pros about the jail system by illustrating the topic into main bullet points. Third, voice my thoughts about the jail system with adding pros and cons to a political action I should address, and concluding which action I am going to take to further y concern about the jail system. When hearing about the jail system, this is a political issue indeed. Having a fair democracy is a political gesture, the jail system is of courseRead MoreKids or No Kids Essay1038 Words   |  5 Pagesdecision on whether or not they want kids. I start out my paper by talking about how important this decision is and how it effects other people. Then I start to talk about all the pros of havin g kids. After that I point out all the cons of having children. The next part of the paper is all about the pros and cons of not having kids. As you will see there are a lot of different perspectives on this topic. This paper is not to persuade you to have or not to have kids; it is simply just to give you bothRead MoreIntroduction And Company Profile Of Canadian Natural Resources1681 Words   |  7 Pagesoccurring. There are many pros for this solution but there are equally as many cons. The first pro for this solution is that this will help us conserve oil and use it for other things in the future. One of the cons for this solution is that oil is an EXTREMELY efficient and abundant source at doing most things that it would be hard to compare any other resource to it at such large quantities. We all want to live a long and safe life to see and do everything we wish to do. Another pro is that if we relyRead MorePros And Cons Of Universal Health Care874 Words   |  4 Pagesdec ision, many debate if our country should keep our health care system privatized. Health care is an essential need in society because individual health can change at any time without warning at any time. While there are both pros and cons of this system, the pros outway the cons. I believe that our nation should ensure basic health care to all legal citizens, no matter the class. Many Americans fall into circumstances where they are not able to pay the expensive bills that privatized insurance companiesRead MorePartnership686 Words   |  3 Pagesformalities (Partnership: Pros and Cons, 2014), but with this structure you do not have total control over the business. Decisions are shared among the partners. Unlike the sole proprietorship structure you make all the decisions by yourself (Schaefer, 2006). No complex paperwork is required when setting up a business under the partnership structure. This structure is less expensive and more affordable because the startup cost is divided ev enly among the partners (Partnership: Pros and Cons, 2014). As opposedRead MoreThe Pros And Cons Of Millennials853 Words   |  4 Pageslater, having children later, and buying homes later. It could be for any number of reasons like new career options for women, how hard it is to get well-paying jobs regardless of going to college or not, or how expensive taxes and homes have gotten over the years. Millennials have many reservations about owning a home probably because of the large financial responsibility it comes with and the lack of money available for them. In this essay the questions that will be talked about are the pros and consRead More9 Ways to Determining Advertising Budget1306 Words   |  6 Pages(generally for bigger businesses), 20% (used more for small businesses), and 2-5% (very large companies). Picking the percentage that works best for you will probably take some trial and error. Pros:  It’s an easy and understandable answer. It makes for great cocktail party and networking event rumors. Cons:  It really isn’t very accurate. In fact, it’s not accurate at all. Also, with small or new businesses, it can completely break down if you don’t have much to show for revenue. Oh yea, and it willRead MorePros And Cons Of Mandatory Minimum Sentences1008 Words   |  5 PagesThe article reviews the pros and cons of mandatory sentencing. I will go over the pros and cons described in the article and give my opinion on how I feel about them. Staring with the pros of mandatory minimum sentences, the first pro is that mandatory minimum sentences discourage people from committing crimes. In the United States reportedly experienced a drop in crime when many of the mandatory sentencing laws were put into place in the 1980’s. I can see where having mandatory sentencing canRead MoreCash And Credit Cards : Cash Or Credit Card965 Words   |  4 Pagesapparent fact that we need cash or credit cards to purchase items such as food, clothing, and to buy gas. Also, when you are out shopping and discover that you have used all the cash in your possession, it is then that you realize that the advantage of having a credit card. Furthermore, with cash, you are restricted to the amount in your wallet or purse; however, a credit card allows you to pay for your purchase at a later date. Both cash and credit cards can be useful when you manage them wisely. WhileRead MoreMy Dream To Become An Electrical Engineer1301 Words   |  6 Pagescrafting to create new things. My dream is to be an electrical engineer one day, but I do also find interest in mechanical engineering as well because nothing is more interesting than facing hands on challenges; however, everything also has its own pros and cons. Electrical engineering has been my goal for a decent amount of time now because it is a job that peaks my interest and sounds to be very convenient. My uncle who, is an electric engineer, told me that going into the field of electrical engineering