Nowadays many people are trying to earn more and more to get rich. What are the advantages and disadvantages of being rich?
In contemporary times, a school of thought believes that it is good that a majority population is making efforts to amass as much wealth as possible since it fetches umpteen favors. But, others feel that it has numerous pitfalls. In the following paragraphs, I will discuss both the aspects.
To start with, many think there are numerous benefits of being affluent as with money one can make their life very comfortable by affording all luxuries that a person can dream of. Also, it is possible to secure the future and of the upcoming generation as they can have a proper plan and things to grow their financial resources. Similarly, the rich can provide themselves with safeguards for the times of emergency such as when there is a crisis, or any other type of problem. Additionally, prosperity also brings respect in the society as it places the elite in the superior category and also governments are with them since the latter also get help from the former in form of funds whenever required for development of the country.
In contrast, having a lot of wealth is also a cause of problems as it brings a lot of stress. There are innumerable chances of robbery, or kidnapping as sumptuous money is dangerous as others become jealous. Furthermore, the wealthy also become arrogant and do not treat others with respect since they think they are more superior. Apart from that, it is commonly seen that those with an abundance of financial resources become greedy to earn more and more
To conclude, prosperity has both sides which the elite has to face. Therefore, the prosperous must always be careful in enjoying the benefits and also planning to overcome problems associated with being elite.
