Wednesday, January 26, 2011

Financial security

photo by flick user voobie

The financial security is the possibility to rely on an amount of money in your bank saving account.

To reach a financial security you have to save a little sum of money from your paycheck every month. To be able to save your money you should live simply, avoiding buying expensive tailored suits, and going to elegant restaurants or eating out too many days a week. The only way to reach your goals is giving up or delaying your gratifications.

If you save your money today, you will live more confortably tomorrow.
Only if you own some money, you will afford to pay for growing up your children, for giving a deposit to buy your house, and to live a serene old age.
Money gives you the chance of quitting a job that you don't like, and living without working for the time you need to find a new job that you will enjoy.

On the other hand, there are people who prefer living paycheck-to-paycheck or making debts. These people are always ready to head off for the newest tourist destinations or to change their car to a newer one.

I think that living spending all your monthly income is not worthwhile, in fact owning a sum of money ensures safety.

The money you need to live without working:
http://www.getrichslowly.org/blog/2007/10/16/what-is-financial-security/

Building your financial security by investing:
http://www.kiplinger.com/features/archives/2006/12/knightkeys.html

1 comment:

  1. Teacher says :

    These are good. I would ask you to revisit each one and add a question for your readers, a photo (Creative Commons, please) or a good link for further reading if your audience wants to learn more about what you are writing.

    These will help you engage with your reader and explore more English by reading.

    You are the first one to hit ten from the Winter Class.

    So here's your first bit of feedback.

    I owe you a coffee as well.

    -jbw
    ==================================================

    The financial security is the possibility to rely on AN amount of money in our bank saving account.

    To reach a financial security you have to save a little sum of money from YOUR paycheck every month.

    To be able to save your money you should live simply, avoiding buying expensive tailored suits,
    going to elegant restaurants (no comma, please) or eating out too many days a week.

    The only way to reach one's (choose the “one” or the “you”) goal is giving up one's gratifications

    On the other hand, there are people who prefer living paycheck-to-paycheck or making debts.
    These people are always ready to HEAD off for the newest tourist destinations,
    (no comma, please) or to change their car to a newer one.

    I think that living in this way (which way? Saving or spending?) is not WORTHWHILE. While owning a sum of money
    gives us safety and offerS!!! us the possibility TO quit our job if we don't like it.

    ReplyDelete