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William Reuben

The Value of Money in Society

Money plays a big role in our daily lives and affects how we interact with others. It helps us buy things we need like food and a place to live. Money works as a way for us to trade with others, making it easy and fast to buy and sell things. Money also has a big impact on how we think and feel about ourselves and others. Money also means more than just exchanging goods. It has a cultural and symbolic meaning too. For example, in movies and TV shows, money is often shown as the key to happiness and success. Money is often portrayed as the ultimate goal in pop culture.


Everyone has their own thoughts and feelings about money, which can be influenced by their family, friends, and surroundings. For example, some children learn about money when they get a weekly allowance from their parents and learn the value of work and saving. As people grow up, their views on money may change based on their experiences and surroundings.


The value of money also differs between different cultures and society. For example, in India the value of the Rupee is weak compared to the pound, meaning that a pound would last a lot longer in India than a Rupee would last in the United Kingdom. Therefore, to someone living in India, the value of the pound is a lot greater than the value of a pound in the United Kingdom. With a pound in India, roughly 100 rupees, you can buy amenities such as a trip to the zoo or street food from the street markets. Whereas in the United Kingdom, you can buy a single chocolate bar.


Your job can also affect how you see money. A lot of people think that making more money means they are successful and have a higher status in society. This is especially true in today's job market where good salaries and benefits are highly valued. However, money can also cause problems and stress. The cost of living crisis is one instance of this, with people worrying and stressing about how they can afford to put the heating on in the winter, due to the huge increase in gas and electric prices, and the news is filled with stories about politicians wasting money while their countries struggle. Some studies also show that having too much money doesn't always lead to happiness and can actually cause stress and anxiety. One example of this is the day-to-day world is that money has become a big focus for many people, with some people working long hours and sacrificing their personal lives for financial success. This can harm their mental and physical health and harm their relationships with others. People end up working too much and not having enough time for the people or activities that really matter in their life, kike their family and friends. The pressure to maintain a certain lifestyle because of the money you own an also lead to feelings of stress, anxiety and conflict.


On the other hand, money can also be used for good, like supporting charities and helping those in need. By being careful with our money and using it in a more thoughtful way, we can help make the world a better place, while making a difference in our communities and across the world. There are people in needs across the world, most notably those affected by the earthquakes in Turkey and Syria last week. A series of devastating earthquakes hit southern Turkey and north-west Syria killing over 30,000 people and injuring many more. Hundreds of buildings have been destroyed and survivors are facing freezing conditions and need urgent aid. Currently, over £50 million has been raised in UK aid.


In conclusion, money has both practical and symbolic importance in our lives. While it can bring stress and conflict, it can also be used for good. It's up to each person to decide how they value and use their money. It is up to each individual to determine how they value and use their money. By understanding the impact money has on our lives and society, we can make smart choices with our finances.




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