Nowadays many people are trying to earn more and more to get rich. What are the advantages and disadvantages of being rich?
In the contemporary era it is seen that everyone is striving to become rich forgetting. However, where money becomes a reason to solve umpteen problems, it also lands one in difficult situations.
To start with, affluence affords opportunities for enjoying a comfortable lifestyle with family with all the possible luxuries under one roof. It becomes easier for the elite to plan the future well in advance for their upgrades in terms of technology, infrastructure and health management. Moreover, it is also seen that they are always well-prepared for emergencies; for example, like in times of covid when everyone was facing hardship to run their livelihood, at that time, with the power of money, all the necessary requirements were arranged with seamless convinence.
Similarly, it helps to retain a good image amongst the others who are also rich, which eventually turn up into helping each other to grow and enjoy the possible outcomes by sharing their ideas amongst each other to earn more money. Also, by having good connections in elite society one also enjoys their relations with the government where they can get associated with the upcoming projects.
However, prosperity might also attract criminals and make one vulnerable to unlawful acts like robberies and kidnapping for ransom, stipulating hiring appropriate security that often robs one of their privacy as they must remain under the watchful eyes of those securing them. Likewise, the more the money one has, the more the stress they face to ensure the safety of themselves and their possessions, at all times.
Overall, with money where everything is bought easily, better lifestyle and comfortable living also brings difficulties, so one should have adequate plans to manage their possessions and overcome problems brought along in order to ensure a comfortable present and future.
