Why Money is important in our life?
While money cannot purchase happiness, it may provide you and your loved ones with protection and safety. Humans require money to pay for all the necessities of existence, including food, shelter, medical expenses, and a quality education. To pay for these items, you don't necessary need to be Bill Gates or have a lot of money, but you will need some money till the day you pass away. Understanding personal finance is crucial since money is required to buy the supplies and services you require to exist. To make sure you will still have enough when you can no longer exchange your labour for money, you must be careful with the money you earn and save enough for the future. The sooner you begin saving money, the more probable it is that you will never experience a financial crisis. In fact, if you save and invest properly enough, you may become financially free – that is, have enough money to live on for the rest of your life. Money is a globally accepted medium of exchange.