Wednesday, August 18, 2010

Value of money

Would you bend down and pick up a 20-cent coin if you saw or dropped 1 on the ground? Probably not. In Singapore, everything has become so expensive that no one would waste their time in bending down and picking up a coin that would not buy them anything. Everyone has a busy life, and everyday is spent earning money.

However, a 20-cent coin is also earned with hard work. If we want a product in the shop that is worth $20, we would not be able to by it if we only had $19.80, even is the difference is only 20 cents. Thus, I think that it is quite wasteful if we drop or see money on the floor, and not pick it up. Even if it does not stand for much monetary value, it is still earned with hard work.

In places like India, 20 cents is nearly $7. In other words, 20 cents can actually buy you a meal, etc. When there is a disaster and people have nothing to eat, the 20 cents might be able to help a number of survivors of the natural disaster. Thus, we should not think that the 20 cents is insignificant.

Any comments?

Dickson

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