Advantages and Disadvantages of Spending Money - 2379.
The advantages and disadvantages of pocket money. The principal of a school is one of our first encounters with a figure of authority. Consequently, he or she must be a good example of a leader. The principal must be firm, fair and foresighted which are important qualities of a principal.
The disadvantages are more about keeping money than they are about having it. There is only one common disadvantage in keeping money. Numbers 2, and 3, are more in the nature of nuisance and do not effect all people with money. 1. You have to keep.
CBSE Sample Papers 2020 ICSE BOARD ISC BOARD CBSE Class 12 all Subjects 2019-2020 CBSE SAMPLE PAPERS. Essay (Advantages and disadvantages of money) Everybody knows the value of money. Nothing is more powerful than money.. But money not only brings us the good but the bad as well. This accounts for much of the wickedness in the world.
Also, the idea of getting power because of having money is an actual problem in our societies, because many people grow up with that idea, and the more money you have, the more money you want to get. This action creates selfish people who think that all their problems can be solved thanks to money but in the real life, things are very far from this concept of life.
When you borrow money from a bank or credit union, your interest payment ensures the deal is profitable for the lender. If you borrow from family, those interest payments will benefit a loved one rather than an institution. If you have a family member who has a large cash reserve, he may be happy to earn a reasonable rate of return on his capital.
Following is the overview of the various advantages of money; 1. Removal of Barter System Difficulties: Introduction of money has helped in overcoming the difficulties of barter system such as the need for double coincidence of wants, lack of common measure of value, lack of divisibility, the problems of transportation and storage of wealth.
Cash also saves vendors money, and some pass the savings on to you through cash discounts. Retailers pay a fee every time they swipe a credit card. To save money, some offer their customers a discount for paying with cash. The discount cash customers get is less than the cost of the credit card processing fee, so retailers still come out ahead.