Money Comic

 First and foremost, saving money is important because it helps protect you in the event of a financial emergency. Additionally, saving money can help you pay for large purchases, avoid debt, reduce your financial stress, leave a financial legacy, and provide you with a greater sense of financial freedom.The importance of saving money is simple: It allows you to enjoy greater security in your life. If you have cash set aside for emergencies, you have a fallback should something unexpected happen. And, if you have savings set aside for discretionary expenses, you may be able to take risks or try new things.You should save money for three basic reasons: emergency fund, purchases and wealth building. When it comes to saving money, the amount you save is determined by how much you have left at the end of the month once all of your spending is done.The biggest consequence of not saving any money is that debt will almost be inevitable for you. Going into debt is almost like a bi-product of not saving money. Heck, it's hard enough to stay out of debt for those of us who do save money. You might find yourself in serious consumer debt if you don't save any money.Saving money is highly important–it can provide peace of mind, open up options that improve your quality of life, increase your wealth due to compound interest, and may even allow you to retire early. Many people earn wealth through a combination of working and savvy saving.The current monetary system results in a wide array of negative social, environmental and economic consequences: high house prices, high public and private debts, inequality, the environment, and democracy, periodic booms & busts, and occasionally financial crises, depressions and even debt deflations, as well as.The money they gain from the investment is usually used to build up ones new business or even to invest in different markets. The importance of these businesses in our world is that it helps our economy to function well.In fact, it is the factories and markets who provides the people with the goods that they need.Instability in the value of money - Too much of money reduces its value and causes inflation and vice versa. Illegal activities - Money is the root cause of thefts, murders, frauds etc and this occurs due to the greed for having money. Those who had money on their minds were less inclined to help someone in need and more inclined to work alone than interact with others. And they tended to work longer on challenging tasks without asking for help.The researchers found that being exposed to money led to big changes in people's actions. Those who had money on their minds were less inclined to help someone in need and more inclined to work alone than interact with others. And they tended to work longer on challenging tasks without asking for help.