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Home / Thoughts and Knowledge / Economy

Sound economic vision of money

Prof . Zaid Mohammed Al-Rommany

Published On: 15/6/2021 A.D. - 5/11/1442 H.   Visited: 6356 times     



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Sound economic vision of money

 

The limited potential and scarce resources, the more brilliant we need to manage them, as we need to secure our needs with limited capital.

 

Reducing expenses helps to postpone the purchase of certain items to times when they are cheap, such as making phone calls at reduction times, and eating some fruits and vegetables in their seasons, which are usually low.

 

However, it is necessary to quit the habits of wastefulness, waste, boast and blind imitation of food, clothing and housing.

Unfortunately, the majority of women spend huge amounts of money on clothing and ornamental items, and large amounts of food intended to eat often do not find anyone to eat.

 

In fact, money is an important productive tool, and a sound economic vision urges, it to make it a developing movement; in the movement of money , it provides opportunities for the needy and revitalizes the national economy, if it is used well , it will bring profits to the state and the owners of capital.


The human soul has an instinctive tendency towards laziness, chaos and escape, from duties and away from duties..

 

It is therefore necessary to eliminate misconceptions, bad ideas, sterile attitudes, as well as to use times to develop skills, learn appropriate professions, improve living conditions, seize opportunities and manage limited potential and resources rationally and rationally, some of the secrets of success.

 

Many people at this time live on the brink of poverty, there is a general complaint of the increasing difficulty of providing basic needs;. Money luxuries have turned into necessities that cannot be lived without , in addition to the high unemployment among young people and the constant rise in price.

 

To counter this, a person must improve his income through another job that provides him with additional income, and opportunities are always available for those looking for them.

 

In the not-too-distant past, the requirements for living were relatively limited, so one person was doing most of his needs, and as man rose up in the runways of civilization, lifestyles gradually became more complex, people's dependence on each other increased; the division of labour became more inclusive and deeper, and the human power to build socially derives its completeness from the extent to which it could make to its society the contributions it needed.

 

Unfortunately, some people spend their monthly income in a few days, then owe it to the end of the month, and many of us misuse their financial resources, spending a lot of money on entertainment or appearance banquets without need.

 

Therefore, the idea of a reserve fund in which some people work is a good and useful idea, with some of them collecting 10% of the monthly income, for example, and putting it in that fund, to be used later in necessary and emergency situations..





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