Short essay on Pocket Money

It is very often told by people that whatever wealth one may have, it will be easily exhausted within a short time if one does not add something to it. Since extravagance brings even a millionaire into want it is necessary on the part of every student to practice the habit of thrift from his very childhood.

The essence of thrift should not be underestimated at any cost. The habit of saving should be practiced not only by students it should be practiced by all. Whatever little the income of an individual may be, he should try to save a portion of it to employ it at the time of his dire need or during calamity.

Every student in school and colleges is provided with some pocket money to meet his small expenses. I am provided the pocket money by my elder brother. Though the amount is meager it helps me very often to buy something of great use.

The pocket money provided by my brother is only five rupees out of which I spend two rupees towards my Tiffin. With the remaining three rupees I spend according to my own sweet will either in visiting a movie of great importance or on an outing or in visiting places of historical or cultural importance.

I do not make careless use of the pocket money given to me to spend it in my own way. I save money out of my pocket expenses prudently after meeting my normal needs. I have cultivated this habit of saving from an early age. I do not make willful waste that brings woeful wants to men. I do not save money as a miser but save for future use.

Since I am not aware of the problems of the future I save money for the days of woes. I deposit the excess money in the passbook maintained in a bank. I spend the money in purchasing good books, dictionary and pen for my use. I derive great pleasure out of my pocket money. The money gives me the opportunity of doing something good to society in which I live.