advantages of having money
People would do whatever it takes to earn money as much as possible.They think that having a lot of money is good. However,in my opinion, there are both advantages and disadvantages of having a lot of money. The advantages of having a lot of money is something that everyone can easily tell you.When you have plenty of money,you'll be able to buy whatever you like. A 50-inch television, a new smart phone or a brand new car can belong to you. Having a lot of money will also make you have a happier life.eople w ou i l d l do whatever it takes to earn money as much money as possible. 1  They think that having a lot of money is good. 2  This sentence is perfect! 3  However,in my opinion, there are both advantages and disadvantages of having a lot of money. People w ou i l d l do whatever it takes to earn money as much money as possible. 1  They think that having a lot of money is good. 2  This sentence is perfect! 3  However,in my opinion, there are both advantages and disadvantages of having a lot of money.The advantages of having a lot of money is something that everyone can easily tell you. When you have plenty of money,you'll be able to buy whatever you like.A 50-inch television, a new smart phone or a brand new car can belong to you. Having a lot of money will also make you have a happier life.eople w ou i l d l do whatever it takes to earn money as much money as possible. 1  They think that having a lot of money is good. 2  This sentence is perfect! 3  However,in my opinion, there are both advantages and disadvantages of having a lot of money. Making the world better, one answer at a time. Well the advantages of having money is that you can pay your bills, people will respect you more and can hire business.aking the world better, one answer at a time. Well the advantages of having money is that you can pay your bills, people will respect you more and can hire business. The advantages and disadvantages of money. Everybody knows the value of money. Nothing is more powerful than money. In fact, if we have no money, we cannot buy goods, clothes and other necessaries we need. An ideal education system. 2  Advantages and disadvantages of money. 3  Advantages and disadvantages of television. 4  The city or the country. 5  The reason why the young people prefer to live in 6  ... Life in the city, compared with life in the countr... 7  Unemployment and Job-creation projects currently r... Disadvantages. 1  Blowing Your Budget -- The biggest disadvantage of credit cards is that they encourage people to spend money that they don't have. 2  Most credit cards do not require you to pay off your balance each month, so even if you only have $100, you may be able to spend up to $500 or $1,000 on your credit card. This is how they make their money and this is how most people in the United States get into debt (and even bankruptcy.) Consider this: If you have a $100 in savings, most banks will give you at the most 2.0 to 2.5% interest on your money over the course of the year. 1 Blowing Your Budget -- The biggest disadvantage of credit cards is that they encourage people to spend money that they don't have. 2  Most credit cards do not require you to pay off your balance each month, so even if you only have $100, you may be able to spend up to $500 or $1,000 on your credit card. This is how they make their money and this is how most people in the United States get into debt (and even bankruptcy.) Consider this: If you have a $100 in savings, most banks will give you at the most 2.0 to 2.5% interest on your money over the course of the year. 10.) If you have enough savings you can tell your boss to shove it! I've been debt free with cash in the bank for 10 years and loving it! Other benefits are: 1  Safety net-When you need to have some way of getting money if you loose your job, having that safety net comes in handy.2  Open options-When you save money, you can start to think of retirement. Open options-When you save money, you can start to think of retirement. 2  The options are open when you save money and you don't have to worry about any problems coming up if you have the money saved up. 3  Less stress-If you have money, you have stress. 4  When you have little money, you have more stress. Savings Account Disadvantages. Quick and easy access to a savings fund is tempting for some account holders, which can make long-term saving difficult. Savings accounts generally have the lowest return when compared to other types of investments.Most savings accounts also have a minimum balance requirement.avings Account Disadvantages. Quick and easy access to a savings fund is tempting for some account holders, which can make long-term saving difficult. Savings accounts generally have the lowest return when compared to other types of investments. A money market account, or money market deposit account, is a government-insured bank account that pays relatively high interest rates and provides cash withdrawal privileges.This type of account offers both savings and checking tools at higher yields than regular savings and checking accounts.Money market accounts are offered by banks and credit unions and have several significant advantages and disadvantages. money market account, or money market deposit account, is a government-insured bank account that pays relatively high interest rates and provides cash withdrawal privileges. 1 This is how they make their money and this is how most people in the United States get into debt (and even bankruptcy.) Consider this: If you have a $100 in savings, most banks will give you at the most 2.0 to 2.5% interest on your money over the course of the year. This is how they make their money and this is how most people in the United States get into debt (and even bankruptcy.) Consider this: If you have a $100 in savings, most banks will give you at the most 2.0 to 2.5% interest on your money over the course of the year.
When you have plenty of money,you'll be able to buy whatever you like a 50-inch television,a new smart phone or a brand new car can belong to you.