Needs And Wants: Two Attitudes Toward Money
Needs and Wants
Different people have different attitudes toward money. Some people believe money should be saved and invested. They like to feel like they have something to fall back on in case of an emergency. Others believe money is to be spent. They want the latest of everything from clothes to electronic equipment. When the money runs out or doesn't come along fast enough, they buy on credit and begin a life of debt. The following is an example of two such individuals.
Jack and Amee Dunham had two sons, Brad and Randall. When their sons were just babies, they began putting $100 a month into a savings account for them. By the time Brad and Randall were 18, they had about $20,000 each to begin their life.
Brad, who was two years older than Randall, decided to use his money towards college. He wanted to receive a business degree and have his own business one day. Much of his college years were spent in his dorm room pouring over books and studying for tests. He......
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Approximate Word Count: 506
Approximate Pages: 3 (250 words per double-spaced page)
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