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Essay on Time is Money

Time is money is a popular phrase that has become an inspiration for life for numerous people. Time is the most valuable thing in the world, for once lost, it’s impossible to recover.

Time is money essay in English indicates the vital connection between time and money. It says that to earn money, one should utilize their time in the right way. It will happen only when we spend our precious time in fruitful activities that will make our life prosperous.

A Long Essay On Time is Money in English

The quote- the time is money is suitable for every person living in society. Whether it’s about a student, businessman, or anyone, understanding the value of time is crucial. Time never waits for anyone and to live according to time is the key to success. This essay on time is money shows how people following time can achieve a lot in their life.  

Once you lose time, it can never be found back. However, the amount of money that you have fluctuates over time. You may not have money today, but tomorrow you may be rich. On the contrary, time is a continuous event. No matter how much money you are willing to spend, no power in this world can help you to get back the time you lost earlier. 

Time should be spent sensibly so that one does not lose all the opportunities to make money. Time utilization is the major point that differentiates a successful person from a failure. Time is a money essay states that every successful person utilizes his time efficiently to progress and earn money. 

With the increasing time, there is a rise in advancements that people learn to use their time. It is enhancing competition among people in almost every field of work. There’s nothing wrong with saying that we live on borrowed time because there is no control over it. 

In a world where everyone is running behind money, one should understand that time is priceless. Time is superior, and instead of chasing money, one should use their time strategically with a definite future goal. Time is money essay for Class 5 reveals that a person who uses time efficiently gains status, respect, and a high reputation in the society. People who don’t understand the value of time are worthless. Time slips from their hands in a few moments and leaves them workless. 

From a very young age, children should be taught the importance of time. They should learn why it’s crucial to put their efforts into the study. Time management plays a vital role in life to execute plans and achieve success. It includes preparing work lists, setting everyday goals, prioritizing tasks, taking adequate sleep, and others. Proper utilization of time will help people in remaining productive and active towards their goals. It will act as a driving force that will keep you motivated to earn more money. It will give you the willingness to achieve something worthy in life. 

Many people in the world put money over time. It might be because, for them, time is nothing. However, they don’t realize that it’s time that has offered them an opportunity to earn money. It’s not only about money, but time offers happiness, prosperity when used correctly. 

Time is a money paragraph that highlights the direct proportionality between time and money. It means if you waste or lose time, you will sooner or later lose money. If you use time in the correct way towards success, you will get money. Essay on time is money in English tells that every single moment of hard work positively pays in the coming future.

A Short Essay on Time is Money 

100 words essay on time is money .

The destiny of any person in the world is unpredictable. We never know when a good opportunity comes and brings success to us. It just depends on how people set their goals and use their time accordingly. A short essay on time is money states that that proper use of time is enough to get heights of success or a big downfall. 

By doing good things in life, one can benefit from the time. No one can defeat us at any stage of life if we properly use time. With the proper time utilization, we enhance our living quality and contribute towards the advancement of the nation. This even makes your life very productive.

Conclusion 

Time is precious and has so much power that it can change the life of a human completely. A short paragraph on time is money shows the fact that time can turn an influential, rich person into a helpless man and a poor person into rich. So, one should not take time for granted and understand the value of time to earn money.

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FAQs on Time is Money Essay

1. Which is more valuable among time and money?

Time and money essays show that time is more valuable than money. It’s because, with the proper utilisation of time, one can earn money and become successful. However, even if you have a large amount of money, you cannot buy time. It’s priceless and waits for no man. If you use your time efficiently, only then can you achieve your goal. Time neither salutes the rich, nor it shows misfortune to the poor. One can use time as a tremendous opportunity to progress in their life. 

2. Is correct time utilisation necessary?

Time is limitless and can make you a beggar or king in a movement of seconds. It only depends on how you use time. Those who don’t listen to the alarm of time regret later. Time is money, an easy essay tells that a wise person is the one who makes proper use of time. Whatever is the job, everyone should make effective use of time to be successful in life. There is nothing wrong with claiming that time will waste you if you waste time. The statement is enough to justify how valuable and crucial time utilisation is. 

3. How to download the time is money essay from the vedantu website?

The Essay on Time is Money, which is accurate and well-structured, is available for download on the Vedantu website. The Essay is accessible in PDF format for all students on Vedantu's official website and may be downloaded for free. Students should download the Vedantu website's Essay on Time is Money to understand what is required to write a good essay. Vedantu Essay is written in basic English which is easy to comprehend. Following the Vedantu essay ensures that students are adequately prepared for any essay subject and that they will receive high grades. Click here to access the Time Is Money Essay.

4. What are some tips on writing an excellent essay?

Writing essays can be a daunting task, but following the below steps will help students to write an essay worthy of getting high marks on examination. 

Pick a topic with which you’re familiar.

Prepare an outline of the essay. Use diagrams to organize your essay well.

Break down the essay into three categories ie, introduction, main content and conclusion. Focus on each section individually. 

Try to relate each section of the essay with another to have a clear flow of thoughts.

Cite your sources and evidence, if required. 

5. What are the different types of essays?

Essays refer to a short piece of writing that expresses information as well as the writer's opinions. Essays differ in how they recount a personal experience, describe or explain a problem, or persuade the reader to embrace a certain point of view. As a result, essays may be divided into four categories, as listed below:

Narrative Essays: Telling a Story Students must approach the issue as if they were telling a tale while writing a narrative essay. They can creatively express themselves through Narrative essay writing. To evoke interest in the reader, these pieces are frequently written in the first person.

Descriptive Essays: Painting a Picture with Words Students must use words to create a picture in a descriptive essay. They have to describe something. It might be a thing, a person, a location, an event, an emotion, a circumstance, or something else entirely. These writings provide students with a lot of creative flexibility to express themselves.

Expository Essays: Presentation of the Facts A balanced examination of a topic is presented in an expository essay, which is an instructive piece of writing. Students must explore the topic, assess evidence, convey a concept, and present an argument clearly and succinctly to create a strong expository essay. It may be done by comparison and contrast, definition, example, cause and effect analysis, and so on.

Persuasive Essays: Convince Me A persuasive essay is one in which the author attempts to persuade the reader to embrace his or her point of view. It offers both sides of the debate but expresses the writer's viewpoint plainly.

6. What are some of the characteristic features of what constitutes a good essay?

The following constitutes a good essay  

An essay that is simple, concise and well-structured, but to the point. 

When there is a proper division between introduction, body and conclusion. 

When the essay is written in a straightforward, yet truthful, style. 

There are important statements, examples, evidence and data included. 

If the essay is written, then written in a neat, legible hand. 

The information provided is relevant to the current state of affairs. 

When the essay is holistic and multidimensional. 

Balanced and neutral. 

When the essay makes suggestions for problem-solving options.

7. Why choose essay on time is money provided by vedantu in PDF?

The Vedantu's Essay on Time is Money is both exemplary and well-structured. Furthermore, they are available for free on the Vedantu website. The Essay is written by qualified lecturers and experts in the English language. It is easy for students to comprehend the fundamental topics and achieve good grades. Students are urged to practise writing many essays in order to pass the test; only after they have had enough practise can they be fully prepared to write the actual exam.

Sabkobol Blog

Simple English Essay on Time is Money for Children and Students

“Time is Money” is an expression that is usually utilized the world over to suggest the importance of time and the way that sitting around is proportionate to squandering money. The starting point of the expression goes back to the fifteenth century. A Croatian trader – Benedetto Cotrugli, was the first to compose the phrase – Time is Money, in his book – Della Mercatura et Del Mercante Perfetto.

Example #1 of Simple English Essay on Time is Money for Children and Students

Time is continuously viewed as more valuable than money since one can invest energy to win money; however, the other way around is impossible. Money can never include some additional minutes throughout everyday life. Money, whenever lost, can be earned again, yet on the off chance that time is lost, it would never be recuperated except if one trusts in the inconceivable idea of a time machine. Everybody gets a restricted time, yet just a shrewd individual uses it in an exceptionally productive and beneficial manner.

Extension of the Phrase “Time is Money”

The exacting significance of the expression grandstands the importance of time and how it is viewed as more valuable than money. You can accomplish more with a day than a day’s compensation.

The time went through with our companions, family, and close ones stay in our recollections independent of whether we have money or not. Time is more valuable than money because, however, an individual is a wealthy person. He can’t add additional days to his life.

Now and then, the time that went through with somebody is precious to the point that it can’t be purchased with money. It requires some investment to gain money; however, money can’t purchase a single minute. Everybody makes some restricted memories, and one who esteems it becomes fruitful and one who squanders it generally gripes about its lack.

Time Vs. Money

Time never arrives back once went through; however, money once spent could be earned back. The accessibility of time continues as before for rich and poor, however, and the money is accessible to rich yet not poor. Time can’t be put away; however, money can be put away for quite a while. Time is continuously restricted and can’t be expanded, yet money can be expanded by acquiring it more. Time isn’t consistent, and continues moving through money could stay steady for quite a while. The estimation of money may diminish over some time; however, the value of time remains consistent until the end of time.

The Final Words

In the materialistic world, individuals consider money as the most significant and significant thing throughout everyday life, except they overlook the significance of time. These days, individuals are yielding their family time by spending it more on their work, and right now are not ready to invest quality energy with their family. It is likewise said that individuals invest energy in procuring money; however, at last, they don’t get time to go through that money. Appropriate time the executives consistently make an individual fruitful and good in the public eye by making him increasingly prompt and improving his satisfaction.

Example #2 of Simple English Essay on Time is Money for Children and Students

Time is significant than money on the off chance that somebody sits around s/he will lose money without a doubt. Additionally, time in a way, is more valuable than money as it can’t be bought with money. The time that is lost, no measure of money on the planet can assist you with bringing it again into your life.

The purpose behind Time is Important than Money.

Time is more important than money, is a setup certainty, and the expression today is utilized and recognized by millions. There could be a large number of contentions on the side of the announcement. Time once lost can never be earned back is a fact. You can utilize your time to bring in money; however, you can’t purchase money with time. It really does not matter how much money you are happy to spend, and it won’t be conceivable to get back the time that is now gone.

Ever wonder what affects progress and disappointments. Everybody, from a layman to a high positioning proficient, has a similar 24 hours available to his/her disposal. It is how they have utilized those 24 hours that have had a significant effect on their lives. An effective individual consistently uses his/her time productively to gain money and progress. It is through time that money is earned, and you can’t obtain a penny by just burning through the time. This announcement itself builds up that time is more important than money.

Time is something that is given to you, and you have all the options to utilize it how you need, much the same as money. Be that as it may, there is a distinction – if you lose or go through a portion of your money, you can generally recover it by working somewhat more. Then again, if you lose your time, at that point, no measure of money on the planet can support you; however, it back. Time once squandered is always gone and can’t be recuperated.

A patient who is hurrying to the clinic to get clinical consideration presumably realizes that time is considerably more significant than money. He would probably pay any add up to find a workable pace in time; since he realizes that he could win money once, he can spare his own life.

Consider a business person who needs to be on schedule for his/her first massive business bargain. He would most likely take the quickest method of movement, not disapproving of the costs. Why? Since he realizes that right now, it is significantly more significant than money. The achievement of his first arrangement, his notoriety, and his future as of now rely entirely upon a time yet not on money.

Time is significant than money, and nearly everybody more likely than not encountered the reality of the expression sooner or later of time in his/her life. Regardless of whether one concurs or not, however, it is a settled and demonstrated actuality that time is, in fact, more valuable than money.

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  • Essay On Time Is Money

Time Is Money Essay

500 words essay on “time is money”.

Time is the most precious thing in the world. Once you lose your time, it is gone forever. You can’t regain it. Success and failure in your life depend on how you utilise your precious time. For example, if you want to excel in your exam, you should wisely use your time. You will not pass, despite being clever, if you waste your time and don’t study.

Even at workplaces, people who make full use of time are much appreciated. They receive promotions, performance bonuses, etc. On the other hand, idle employees are not much appreciated and receive no promotions. People get famous by properly utilising time, such as professionals and merchants, who work hard to make a lot of money. They know the right way to make good use of their time.

People who understand the importance and meaning of the phrase “Time is Money” prosper in their lives and achieve a secure financial condition. People who ignore the term often see failure in their life.

Importance of Time

Time is valuable as we are provided with limited time in our entire life span. We can’t say what will happen in the next few hours of our life. It is flexible and ruthless because it doesn’t wait for anyone. So, always use your time wisely. We should not waste our time doing unnecessary things or activities. You should make every moment of your time meaningful.

Money has become the most significant factor in everyone’s life in the modern era. But you should understand that time is more precious than money. You can’t buy time, irrespective of how rich you are, but you can earn money with better use of time. Time is uncontrollable, so once it’s gone, it is gone forever.

Money can be earned later through effort and hard work. But, unfortunately, once the time is gone, nothing can bring back that hour of our life. Therefore, we should respect time more than anything on this planet.

While doing our daily routine and even in workplaces, we should manage time efficiently. By doing so, we can complete our tasks without any obstacles. Moreover, we can also learn the importance of time from Mother Nature. The arrival of different seasons, day and night changes, sunrise and sunset, and earth rotation demonstrate the correct use of time. All they offer is nothing but effective use of time to prevent chaos.

More Valuable than Money

Time is priceless and more essential than money. Time never comes back, but money can. You can earn money by proper utilisation of time. But you can’t bring back the time that has gone.

If you want to become successful in your life, learn to use time efficiently. Money can be earned with time, but you can not make money by wasting time. This statement clearly states that time is more precious than money.

Time is allotted to you, and you have all the right to use it, just like money. But, there is a vast difference between the two. If you spend more money, you can always recover it by doing more work, but this money will never help you bring back lost time. Once ruined, time goes on forever, and it cannot be withdrawn.

A patient fleeing to the hospital to get medical attention may know that time is much more valuable than money. He will probably pay any amount to arrive at the hospital on time. He knows that he can earn money once he saves his life.

Consider an entrepreneur who wants to be on time for his first big business deal. He will probably take the fastest travel mode and not keep the expenses in mind. This is because he knows that time is more important than money in this situation. At this moment, his first deal’s success, reputation, and future depend entirely on time but not on money.

Conclusion of “Time Is Money” Essay

It is hence proved that time is money. One can become wealthy and flourish in life with efficient time utilisation. On the other hand, a waste of time means a waste of energy. So, always respect time.

From our BYJU’S website, students can also access CBSE Essays related to different topics. It will help students to get good marks in their exams.

Frequently Asked Questions on ‘Time Is Money’ Essay

What is the meaning of the phrase ‘time is money’.

It means that time is as valuable as money is.

What is the importance of time?

Time plays one of the most significant roles in our lives. The time that is lost can never be regained back.

How to value time?

Never postpone your work and complete it on time at all costs. Do not waste time talking or thinking about unnecessary things and be organised and productive.

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Essay On Time Is Money – 10 Lines, Short And Long Essay For Kids

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Key Points To Remember When Writing Essay On Time Is Money for Lower Primary Classes

10 lines on time is money for kids, a paragraph on time is money for children, short essay on time is money for kids, long essay on time is money for children, what will your child learn from an essay on time is money.

‘Time waits for no one’ and ‘lost time is never found again’ are some of the famous quotes followed by most successful people. Time is a crucial and most precious thing in life as it determines how we turn up professionally and personally. Introduce the value of time to your kids with this essay on time is money for classes 1, 2 and 3. With this essay on the importance of time, kids can learn how to respect and value time in their life.

Help your kids to express their inner opinions by teaching these essential points. These tips given below are to be kept in mind by lower primary class kids while writing the essay on time is money:

  • Mention the value of time in one’s life.
  • Write why time is compared to money and the reason behind it.
  • Conclude the essay on a positive note by including real-life examples.

To understand that time is money, one needs to evaluate the importance of time in real life. These important lines can be included in the essay for classes 1 and 2.

  • Everyonegets the same 24 hrs throughout the day, and a person’s success depends on how they utilise their time and where they invest it.
  • The earth takes approximately 23 hours and 56 minutes to complete one rotation, so typically, a day is less than the standard 24 hours.
  • Time cannot be purchased with money.
  • One can recover the lost money in some time, but no one can recover lost and gone time.
  • If you spend three hours on unnecessary things, you have lost your precious three hours’ worth of money.
  • When time is lost, your one opportunity to make money is also gone.
  • Time is not unlimited.
  • By using your time efficiently, you can add value to your life.
  • In the true sense, time is more significant than money as it is priceless and precious in anyone’s life.
  • One can fulfil all their wishes by making good use of time.

This paragraph summarises the concept that time is money and will be helpful for lower primary classes. Kids can refer to this 100-word short paragraph for their class projects/school competitions.

No one knows what happens in the next second as the future is filled with uncertainty. So, it’s better to utilise the present time in the best way possible. Any person’s success or failure depends on the way they utilise and invest their time. Once the time is gone, it never comes back. Time is perceived differently by different people. A student getting late for an exam, a business person losing a billion-dollar business deal by arriving late for an important client meeting, an ambulance rushing a sick patient on a busy road, etc., stresses the value of time. One should streamline their ways as per the importance and distribute their time accordingly.

Check out this short essay of 150 words for children of classes 1 and 2. This short essay will include important points and facts related to “time is money” and can be helpful for students’ exams and assignments.

With every day progressing and every second ticking on the clock, time is decreasing at a rapid speed. If you ask what people wish for in life, most of them will answer that they would like to go back to their good old childhood days or relive the best moments again. It is because they know that lost time can never be regained and brought back, even with the money. Successful people give more value to their time and complete various tasks within the scheduled time. Every person has the same 24 hours in a day, but what matters most is how one spends and where one invests their time. People who responsibly invest their time gain respect and recognition in society. Time management is an art everyone should learn to make their mark on the road to success. Every person lives only once, and to make the best use of one’s life to become successful and reach greater heights, one should learn to prioritise time for valuable tasks.

After mastering the small paragraphs and short essays, it’s time for your kid to learn how to write long essays. Check out this long essay on “time is money” that is useful for writing an essay for classes 3 and above. This gives relevant in-depth knowledge and exposure to a variety of new vocabulary.

Time is such a precious entity that everyone should learn to value it. If you don’t value time, the time will not value you. Students should specifically understand this phrase to excel in life. Students should dedicate their time to acquiring knowledge and skills for their future goals.

What Is The Meaning Of The Phrase “Time Is Money”?

Time is a precious aspect of life as it never waits for anyone, and no one can ever recover lost time. The time is money is a phrase Benjamin Franklin used in his essay, where he compared time to money. Here, to emphasise its importance, time is compared to a valuable thing, like money.

Reasons Why Time Is More Important Than Money

Time is more important than money is an appropriate phrase, as one cannot earn time, but proper use of time can help you earn money. Another reason is that no one can ever regain that lost time even by paying lots of money. But the lost money can be recovered by proper utilisation of time. A solid example of this scenario is a business person taking an expensive flight to attend a business deal. Here, this person is aware of the value of time and knows that the coming business deal may mint more money for him and compensate for this expensive flight ticket. One needs to understand time cannot be stored, but money can be.

How One Should Value Time?

A person trying to be successful is aware of the value of time and constantly tries to improve themselves by focusing on what matters the most in life. They never waste their time on useless things. One should respect and value their time to streamline their objectives and work hard to achieve them.

Apart from realising and knowing the importance of time in life, your kid will also learn to write meaningful paragraphs and essays on any given topic. This topic also teaches valuable life lessons along with enhancing cognitive abilities and various skills.

This is all you need to know about essay writing on the topic ‘time is money.’ Teach these various essay writing types to your kids to improve and help their brain development and vocabulary skills.

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Time is Money Essay

“Time is Money” is a phrase which is commonly used the world over, to imply the significance of time and the fact that wasting time is equivalent to wasting money. The origin of the phrase dates back to 15 th century. A Croatian merchant – Benedetto Cotrugli, was the first to write the phrase “Time is Money” in his book “Della Mercatura et Del Mercante Perfetto”. Later, Benjamin Franklin one of the United States’ founding fathers, used the phrase “Remember that time is money” in one of his 1748 book.

Long and Short Essay on Time is Money in English

Below we have given long and short essay on Time is Money. All the Time is Money essay have been written in simple language using simple vocabulary so that they could be memorized easily, if needed.

After going through these essays you will know – what is the meaning of the phrase “Time is Money”; reason for time is more precious than money; what is the expansion of the phrase “Time is more than Money”; a short story on time is money etc.

These essays will help you in your class/school projects/competitions. Choose anyone as per your need:

Short Essay on Time is Money (200 Words) – Essay 1

The phrase “Time is Money” denotes a relationship between time and money i.e. to earn money you have to properly utilize the time you have. It is only when you spend your time in fruitful activities that you will prosper and wasting time, doing nothing will one day drain your finances.

The phrase “Time is Money” practically suits every person in the society. Let us consider a few examples- A businessman who is getting late for an important client meeting, better understands the worth of time. He knows that time is precious and if he loses time than he might have to let go the business deal.

Similarly, a student who has the ambition of procuring a good paying job after studies understands the value of time more than anything else. S/he knows that if they waste time and didn’t study well, then getting a decent remuneration will not only be difficult, but also impossible.

Time is money for every hard working worker, professional, businessman, student etc. A businessman decides how to use his time on his own, while an employee gives his/her time to the employer in order to get paid. We all are free to spend our time the way we want, but this is also true that, wasted time doesn’t generate any money.

Essay on Time is More Precious than Money (300 Words) – Essay 2

Introduction

We all agree to the fact that time is money and money can only be generated by properly and efficiently utilizing our time. The statement equates time with money, but it’s only half the truth. In fact there are some explanations which prove that time is more valuable than money. In this essay we will make arguments in support of the statement “Time is More Precious than Money”.

Reasons for Time is More Precious than Money

The most valid argument in the support of the statement “Time is More Precious than Money” is – money once lost could be regained, but time if lost can never be recovered. The amount of money one has fluctuates with time, that is, you might be poor today but tomorrow you may be rich, or vice versa.

Time, on the other hand is an ever progressing phenomenon, changing every second, as I am writing this line. If for some reason I decide to stop writing for a couple of minutes or so, then no power in the world could help me go back into those lost minutes. There could be more examples that establish the statement “time is More Precious than Money” as an established fact.

Consider an affluent person who is in an urgent need of medical care, but is unable to get it as he got stuck in a traffic jam. He is caught up in a situation where his whole monetary worth can’t save him the time that he needs. Indeed in practical situations like these, it is proved beyond doubt that time is more precious than money.

Time is worth more than money as money is a commodity which could be lost and regained or vice versa, but time once lost can’t be regained whatever money you are willing to spend. Thus it is established that “Time is More Precious than Money”.

Essay on Time is More than Money (400 Words) – Essay 3

Time is always considered as more valuable than money since one can spend time to earn money but the vice versa is not possible. Money can never add some extra moments in life. Money if lost can be earned again but if time is lost it could never be recovered unless one believes in the impossible concept of time machine. Everyone gets a limited time but only an intelligent person utilizes it in a very fruitful and productive way.

Expansion of Phrase “Time is more than Money”

The literal meaning of the phrase showcases the importance of time and how it is considered as more valuable than money. You can do more with a day’s time than a day’s pay. The time spent with our friends, family and close ones remains in our memories irrespective whether we have money or not. Time is more precious than money because though a person is billionaire he can’t add extra days to his life.

Sometimes the time spent with someone is so priceless that it can’t be bought with money. It takes time to earn money but money can’t buy a single moment. Everyone has a limited time and one who values it becomes successful and one who wastes it always complains about its shortage.

Time vs Money

Time never comes back once spent but money once spent could be earned back. The availability of time remains same for rich and poor but the money is available to rich but not poor. Time cannot be stored but money can be stored for some time. Time is always limited and can’t be increased but money can be increased by earning it more. Time is not constant and keeps on moving whereas money could remain constant for some time. The value of money might decrease over a period of time but value of time remains constant forever.

In the materialistic world, people consider money as the most important and valuable thing in life but they forget the importance of time. Nowadays, people are sacrificing their family time by spending it more on their work and in this way they are not able to spend quality time with their family. It is also said that people spend time in earning money but finally don’t get time to spend that money. Proper time management always makes a person successful and respectable in the society by making him more punctual and improving his quality of life.

Essay on Time is Important than Money (500 Words) – Essay 4

Time is very important than money, if someone wastes time s/he will lose money for sure. Moreover, time in a way is more precious than money as it cannot be purchased by money. The time that is lost, no amount of money in the world can help you bring it back into your life.

Reason for Time is Important than Money

Time is more valuable than money, is an established fact and the phrase today is used and acknowledged by millions. There could be thousands of arguments in support of the statement. Time once lost can never be earned back is a truth. You can use your time to make money, but you can’t buy money with time. No matter how much money you are willing to spend, it will not be possible to get back the time that is already gone.

Ever wonder what makes the difference between success and failures. Everyone, from a layman to a high ranking professional has the same 24 hours at his/her disposal. It is how they have used those 24 hours that has made all the difference in their lives. A successful person always uses his/her time efficiently to earn money and progress. It is through time that money is earned and you can’t earn a penny by simply wasting the time.  This statement itself establishes that time is more valuable than money.

Time is something that is given to you and you have all the rights to use it the way you want, just like money. But, there is a difference – if you lose or spend some of your money, you can always regain it by working a little more. On the other hand, if you lose your time, then no amount of money in the world can help you but it back. Time once wasted is gone forever and can’t be recovered.

A patient who is rushing to the hospital to get medical attention probably knows that time is much more valuable than money. He would probably pay any amount to get to the hospital in time; because, he knows that he could earn money once he is able to save his own life.

Consider an entrepreneur who wants to be on time for his/her first big business deal. He would probably take the fastest mode of travel, not minding the expenses. Why? Because he knows that in this situation, time is much more important than money. The success of his first deal, his reputation and his future in this moment depends entirely on time but not on money.

Time is absolutely important than money, and almost everyone must have experienced the truth of the phrase at some point of time in his/her life. Whether one agrees or not, but it is a well established and proven fact that time is indeed more valuable than money.

Long Essay on Time is Money – Meaning, Story, Explanation (600 Words) – Essay 5

The statement “Time is Money”, is an equating statement, implying that time is equivalent to money. The statement establishes a direct proportionality between the two, that is, if you lose/waste time you will lose money and if you use time you will gain money. It is a proverb which has been widely used in our everyday lives. In the following essay we will go through the meaning of the phrase “Time is Money”; read a short story supporting the phrase; go through the explanation of the phrase and finally concluding the essay with a conclusion.

Meaning of ‘Time is Money’

The phrase “Time is Money” is a very simple phrase with a clear meaning. The statement simply puts time in equal terms with money that is if I waste my time sitting at home then I will gain no money. To earn the money that we want, we have to move out of our homes to make use of time that we have. It is only by effectively utilizing our time that we will be able to progress financially in life.

‘Time is Money’ Short Story

I am going to present an interesting and equally emotional story based on the phrase “Time is Money”. Once there lived a little boy in a small town, with his parents. His father worked hard in a factory to sustain their needs.

One evening, when the father came home from office, tired and as usual a little late, for the kid had already eaten his dinner. The boy suddenly put up a question to his father – Dad how much do you earn in a day? Father was not very pleased with the question and replied with – that’s none of your business! Why do you want to know? But the kid insisted saying that he just wanted to know out of curiosity. After some reluctance, the father told him that he earns thousand rupees in a day.  Next, the kid asked his father if he could lend him 100 Rupees. This made the father furious who ordered the kid to go to his room and sleep. Poor child, having no clue of what went wrong, retrieved to the room and went to bed.

The father sat wondering on what could have prompted the child to ask such a question, regarding his earning. However, as the time passed his anger subsided and he went to the room of his son, probably thinking that he had overreacted. When the father reached in the kid’s room, latter was still awake. Apologizing for getting angry, father took out a 100 Rupee note from his pocket and gave it to the kid.

Happy with joy, the child thanked his father and proceeded to his table drawer, took out the money that was already lying in the drawer and started counting it. Once again the father was surprised and a little angry. He asked where you got all the money from. Why did you ask for more if you already had enough? The son’s reply had father in tears. The kid said, father I had collected Rs 900 over a long time, but today when you gave me Rs 100, that made my savings equal to your one day’s earning. So, may I request you to take all this money and spend a day with me, tomorrow. The man was crushed. He was literally in tears and hugged his son as never before, promising him that tomorrow he will be on leave.

Time is Money – Explanation

“Time is Money” is a proverb indicating the relationship between time and money. It suggests that when in order to gain financial growth one has to make use of the time at his/her disposal. A doctor who sits in his clinic will generate more income by sitting a little longer; a taxi driver will earn more money as s/he spends more time driving; a supplier who supplies goods on or before time, can’t afford to waste time, as it would mean lesser profits.

“Time is Money” is a famous proverb and an undisputable truth. How much money you have is decided by how efficiently you make use of your time.

Related Information:

Time and Tide Wait for None Essay

Essay on A Stitch in Time Saves Nine

Essay on Time

Essay on Value of Time

Essay on Time Management

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Time is Money Essay

Time is money and it is precious and irreplaceable. On one hand, time can be used to earn money but on the other hand, money cannot be used to buy back the time we have already lost. Here are a few sample essays on “Time Is Money”.

100 Words Essay On Time Is Money

Any person's future in the world is unexpected. We never know when a great opportunity will present itself and show us the way to success. It just relies on how individuals define their priorities and manage their time. The way we utilise our time is a major determinant of whether we progress or witness stagnation or regression. One of the best ways to make good use of time is to tie ourselves in a productive daily routine. If we effectively use time, nobody can ever defeat us at any stage of life. By effectively using our time, we can improve our daily productivity, and hence, eventually our quality of life.

Time is Money Essay

200 Words Essay On Time Is Money

It is popularly said “Time is money”. Let us compare the two.

Time Vs Money

Once spent, time is irreversible, but money may be earned back. The rich and the poor still have the same amount of time in their day, but the rich have access to money that the poor do not. Money may be kept on hand for a while, but time cannot be stored. Time is perpetually finite and unabated, while money may be raised by working harder. Time is not constant and keeps moving forward, although money may stay the same for a while. While money's worth may diminish with time, that of time does not.

Scoring Less, Not Valuing Time

Last year I had my board exams. I could have performed better than how I did. I haven't taken it seriously ever since the start of Class 12. I always thought I would have plenty of time to study just before the exams. My study hours were irregular. I saw my marks getting low with each exam and my friends scoring more and more. I realised how foolish I was to waste time when I should have utilised it best. But it was too late for me by that time. Exams were already over, my marks were low, and I kept regretting why I wasted so much time. That day I realised that time is money. It is the most valuable thing to a person; if wasted, it does not return.

500 Words Essay On Time Is Money

We only have a finite amount of time throughout our lifetime, so it is valuable. Time does not wait for anyone, which makes it adaptable and vicious. Use your time wisely at all times.

Time Management Tips

Some of the ways by which we can save time are:-

Planning our day: Finding out how long each task takes, then planning our time accordingly. This will enable us to make room for important contacts such as calls, meetings, and breaks. By planning our day, we can avoid wasting time pondering what to do next and jump right from one duty to the next.

Using checklists: Making a list of what we need to do during the workday. This can help us plan our time more effectively by better understanding how much time we spend on each task. Thus as we work to finish our tasks, this will also boost our productivity.

Removing distractions: We can save time by eliminating potential distractions and improving our ability to concentrate on the current work. This may involve turning off the notifications from the phone and closing any windows on our PC which we are not using. Keeping our area distraction-free helps us become more productive and save more time.

Efficiently using our free time: We should use our free time while working on a major activity to complete the minor projects below on the priority list. This can involve checking desks for clutter or sending out non-urgent emails. By doing this, we can get rid of these tasks and avoid putting them off for later.

Grouping similar tasks : We can increase efficiency by grouping related jobs together. Going through all of our emails at once or running errands that call for the same location away from your desk are examples of jobs that fall under this category. Grouping tasks promotes more effortless concentration by giving us fewer things to focus on at once.

Pay attention to one group of tasks at a time: Make sure a specific group of duties is completed correctly by working on it from beginning to end. By ensuring we do not have to come back to that work later, it can promote timeliness. Additionally, it can assist us in minimising the problems that may result from constant task switching.

My Experience

Last month I had my board exams. The test centre was close to me and I took it lightly that I needed to be completely ready and go to my centre on time with all the necessary documents. On the day of the Maths exam, I woke up late that day and saw that I still had time to reach the centre. There was a big crowd of parents and students outside the test centre.

As a result, I got even more later. Finally, I entered the examination hall 30 mins late. Unfortunately, I could not complete the question paper and had to leave almost 20 marks despite having good preparation. That day I understood the value of time. I understood that time and tide wait for none, and we should take time more seriously than we do. We cannot even waste a single second, and I learnt it the hard way that day.

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Orthotists and Prosthetists are professionals who provide aid to patients with disabilities. They fix them to artificial limbs (prosthetics) and help them to regain stability. There are times when people lose their limbs in an accident. In some other occasions, they are born without a limb or orthopaedic impairment. Orthotists and prosthetists play a crucial role in their lives with fixing them to assistive devices and provide mobility.

Pathologist

A career in pathology in India is filled with several responsibilities as it is a medical branch and affects human lives. The demand for pathologists has been increasing over the past few years as people are getting more aware of different diseases. Not only that, but an increase in population and lifestyle changes have also contributed to the increase in a pathologist’s demand. The pathology careers provide an extremely huge number of opportunities and if you want to be a part of the medical field you can consider being a pathologist. If you want to know more about a career in pathology in India then continue reading this article.

Veterinary Doctor

Speech therapist, gynaecologist.

Gynaecology can be defined as the study of the female body. The job outlook for gynaecology is excellent since there is evergreen demand for one because of their responsibility of dealing with not only women’s health but also fertility and pregnancy issues. Although most women prefer to have a women obstetrician gynaecologist as their doctor, men also explore a career as a gynaecologist and there are ample amounts of male doctors in the field who are gynaecologists and aid women during delivery and childbirth. 

Audiologist

The audiologist career involves audiology professionals who are responsible to treat hearing loss and proactively preventing the relevant damage. Individuals who opt for a career as an audiologist use various testing strategies with the aim to determine if someone has a normal sensitivity to sounds or not. After the identification of hearing loss, a hearing doctor is required to determine which sections of the hearing are affected, to what extent they are affected, and where the wound causing the hearing loss is found. As soon as the hearing loss is identified, the patients are provided with recommendations for interventions and rehabilitation such as hearing aids, cochlear implants, and appropriate medical referrals. While audiology is a branch of science that studies and researches hearing, balance, and related disorders.

An oncologist is a specialised doctor responsible for providing medical care to patients diagnosed with cancer. He or she uses several therapies to control the cancer and its effect on the human body such as chemotherapy, immunotherapy, radiation therapy and biopsy. An oncologist designs a treatment plan based on a pathology report after diagnosing the type of cancer and where it is spreading inside the body.

Are you searching for an ‘Anatomist job description’? An Anatomist is a research professional who applies the laws of biological science to determine the ability of bodies of various living organisms including animals and humans to regenerate the damaged or destroyed organs. If you want to know what does an anatomist do, then read the entire article, where we will answer all your questions.

For an individual who opts for a career as an actor, the primary responsibility is to completely speak to the character he or she is playing and to persuade the crowd that the character is genuine by connecting with them and bringing them into the story. This applies to significant roles and littler parts, as all roles join to make an effective creation. Here in this article, we will discuss how to become an actor in India, actor exams, actor salary in India, and actor jobs. 

Individuals who opt for a career as acrobats create and direct original routines for themselves, in addition to developing interpretations of existing routines. The work of circus acrobats can be seen in a variety of performance settings, including circus, reality shows, sports events like the Olympics, movies and commercials. Individuals who opt for a career as acrobats must be prepared to face rejections and intermittent periods of work. The creativity of acrobats may extend to other aspects of the performance. For example, acrobats in the circus may work with gym trainers, celebrities or collaborate with other professionals to enhance such performance elements as costume and or maybe at the teaching end of the career.

Video Game Designer

Career as a video game designer is filled with excitement as well as responsibilities. A video game designer is someone who is involved in the process of creating a game from day one. He or she is responsible for fulfilling duties like designing the character of the game, the several levels involved, plot, art and similar other elements. Individuals who opt for a career as a video game designer may also write the codes for the game using different programming languages.

Depending on the video game designer job description and experience they may also have to lead a team and do the early testing of the game in order to suggest changes and find loopholes.

Radio Jockey

Radio Jockey is an exciting, promising career and a great challenge for music lovers. If you are really interested in a career as radio jockey, then it is very important for an RJ to have an automatic, fun, and friendly personality. If you want to get a job done in this field, a strong command of the language and a good voice are always good things. Apart from this, in order to be a good radio jockey, you will also listen to good radio jockeys so that you can understand their style and later make your own by practicing.

A career as radio jockey has a lot to offer to deserving candidates. If you want to know more about a career as radio jockey, and how to become a radio jockey then continue reading the article.

Choreographer

The word “choreography" actually comes from Greek words that mean “dance writing." Individuals who opt for a career as a choreographer create and direct original dances, in addition to developing interpretations of existing dances. A Choreographer dances and utilises his or her creativity in other aspects of dance performance. For example, he or she may work with the music director to select music or collaborate with other famous choreographers to enhance such performance elements as lighting, costume and set design.

Social Media Manager

A career as social media manager involves implementing the company’s or brand’s marketing plan across all social media channels. Social media managers help in building or improving a brand’s or a company’s website traffic, build brand awareness, create and implement marketing and brand strategy. Social media managers are key to important social communication as well.

Photographer

Photography is considered both a science and an art, an artistic means of expression in which the camera replaces the pen. In a career as a photographer, an individual is hired to capture the moments of public and private events, such as press conferences or weddings, or may also work inside a studio, where people go to get their picture clicked. Photography is divided into many streams each generating numerous career opportunities in photography. With the boom in advertising, media, and the fashion industry, photography has emerged as a lucrative and thrilling career option for many Indian youths.

An individual who is pursuing a career as a producer is responsible for managing the business aspects of production. They are involved in each aspect of production from its inception to deception. Famous movie producers review the script, recommend changes and visualise the story. 

They are responsible for overseeing the finance involved in the project and distributing the film for broadcasting on various platforms. A career as a producer is quite fulfilling as well as exhaustive in terms of playing different roles in order for a production to be successful. Famous movie producers are responsible for hiring creative and technical personnel on contract basis.

Copy Writer

In a career as a copywriter, one has to consult with the client and understand the brief well. A career as a copywriter has a lot to offer to deserving candidates. Several new mediums of advertising are opening therefore making it a lucrative career choice. Students can pursue various copywriter courses such as Journalism , Advertising , Marketing Management . Here, we have discussed how to become a freelance copywriter, copywriter career path, how to become a copywriter in India, and copywriting career outlook. 

In a career as a vlogger, one generally works for himself or herself. However, once an individual has gained viewership there are several brands and companies that approach them for paid collaboration. It is one of those fields where an individual can earn well while following his or her passion. 

Ever since internet costs got reduced the viewership for these types of content has increased on a large scale. Therefore, a career as a vlogger has a lot to offer. If you want to know more about the Vlogger eligibility, roles and responsibilities then continue reading the article. 

For publishing books, newspapers, magazines and digital material, editorial and commercial strategies are set by publishers. Individuals in publishing career paths make choices about the markets their businesses will reach and the type of content that their audience will be served. Individuals in book publisher careers collaborate with editorial staff, designers, authors, and freelance contributors who develop and manage the creation of content.

Careers in journalism are filled with excitement as well as responsibilities. One cannot afford to miss out on the details. As it is the small details that provide insights into a story. Depending on those insights a journalist goes about writing a news article. A journalism career can be stressful at times but if you are someone who is passionate about it then it is the right choice for you. If you want to know more about the media field and journalist career then continue reading this article.

Individuals in the editor career path is an unsung hero of the news industry who polishes the language of the news stories provided by stringers, reporters, copywriters and content writers and also news agencies. Individuals who opt for a career as an editor make it more persuasive, concise and clear for readers. In this article, we will discuss the details of the editor's career path such as how to become an editor in India, editor salary in India and editor skills and qualities.

Individuals who opt for a career as a reporter may often be at work on national holidays and festivities. He or she pitches various story ideas and covers news stories in risky situations. Students can pursue a BMC (Bachelor of Mass Communication) , B.M.M. (Bachelor of Mass Media) , or  MAJMC (MA in Journalism and Mass Communication) to become a reporter. While we sit at home reporters travel to locations to collect information that carries a news value.  

Corporate Executive

Are you searching for a Corporate Executive job description? A Corporate Executive role comes with administrative duties. He or she provides support to the leadership of the organisation. A Corporate Executive fulfils the business purpose and ensures its financial stability. In this article, we are going to discuss how to become corporate executive.

Multimedia Specialist

A multimedia specialist is a media professional who creates, audio, videos, graphic image files, computer animations for multimedia applications. He or she is responsible for planning, producing, and maintaining websites and applications. 

Quality Controller

A quality controller plays a crucial role in an organisation. He or she is responsible for performing quality checks on manufactured products. He or she identifies the defects in a product and rejects the product. 

A quality controller records detailed information about products with defects and sends it to the supervisor or plant manager to take necessary actions to improve the production process.

Production Manager

A QA Lead is in charge of the QA Team. The role of QA Lead comes with the responsibility of assessing services and products in order to determine that he or she meets the quality standards. He or she develops, implements and manages test plans. 

Process Development Engineer

The Process Development Engineers design, implement, manufacture, mine, and other production systems using technical knowledge and expertise in the industry. They use computer modeling software to test technologies and machinery. An individual who is opting career as Process Development Engineer is responsible for developing cost-effective and efficient processes. They also monitor the production process and ensure it functions smoothly and efficiently.

AWS Solution Architect

An AWS Solution Architect is someone who specializes in developing and implementing cloud computing systems. He or she has a good understanding of the various aspects of cloud computing and can confidently deploy and manage their systems. He or she troubleshoots the issues and evaluates the risk from the third party. 

Azure Administrator

An Azure Administrator is a professional responsible for implementing, monitoring, and maintaining Azure Solutions. He or she manages cloud infrastructure service instances and various cloud servers as well as sets up public and private cloud systems. 

Computer Programmer

Careers in computer programming primarily refer to the systematic act of writing code and moreover include wider computer science areas. The word 'programmer' or 'coder' has entered into practice with the growing number of newly self-taught tech enthusiasts. Computer programming careers involve the use of designs created by software developers and engineers and transforming them into commands that can be implemented by computers. These commands result in regular usage of social media sites, word-processing applications and browsers.

Information Security Manager

Individuals in the information security manager career path involves in overseeing and controlling all aspects of computer security. The IT security manager job description includes planning and carrying out security measures to protect the business data and information from corruption, theft, unauthorised access, and deliberate attack 

ITSM Manager

Automation test engineer.

An Automation Test Engineer job involves executing automated test scripts. He or she identifies the project’s problems and troubleshoots them. The role involves documenting the defect using management tools. He or she works with the application team in order to resolve any issues arising during the testing process. 

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Benjamin Franklin: 'Time is money.'

Time is money.

The quote "Time is money" by Benjamin Franklin is a simple yet profound statement that captures the essence of the importance of time in our lives. At first glance, it may seem like a practical and straightforward idea, emphasizing the value of time in economic terms. In a literal sense, it implies that time, like money, should be cherished and used wisely. However, as we delve deeper into the philosophical implications of this quote, we can uncover a profound concept that challenges our traditional understanding.On the surface, interpreting the quote as a reminder to be efficient with our time is not misguided. In a fast-paced and interconnected world, time is indeed a valuable resource that should not be wasted. Just as we carefully manage our financial resources to make the most of them, we should approach our time with a similar mindset. Prioritizing tasks and avoiding procrastination can help us maximize our productivity, leading to better results in both personal and professional aspects of life.Nevertheless, beyond the practical interpretation lies a more profound philosophical concept. What if time is not just a currency, but something far more significant? Instead of viewing time only as a means to achieve financial success or meet deadlines, let us consider time as the fabric of our existence. In this alternate perspective, time becomes an intangible entity that shapes every aspect of our lives, transcending mere monetary values.When we think of time as the essence of our being, its value drastically changes. It is no longer just about how efficiently we allocate it, but rather how we experience and appreciate each passing moment. Time is not a finite resource that can be traded or regained; once a moment is gone, it is lost forever. This realization invites us to reconsider our relationship with time and encourages us to embrace the present moment.In a world that often seems obsessed with constantly chasing the next big thing or reaching future goals, an unexpected philosophical concept arises. Time, rather than being money, becomes a philosophical agent that continually shapes our journey. It suggests that we should focus on the quality of our experiences, cherishing the meaningful connections we create, the adventures we embark upon, and the personal growth we achieve. Instead of valuing time solely for its economic aspects, we should recognize its spiritual value and its role in shaping our personal narratives.This alternate perspective challenges us to reflect on the interconnectedness of time, money, and fulfillment. While money can provide comfort and convenience, it alone cannot buy happiness or the fulfillment that comes from embracing the present moment. When we are constantly chasing after money, our focus shifts away from living fully in the present and appreciating life's wonders. The relentless pursuit of financial success can blind us to the richness of the experiences that time offers.In essence, "Time is money" serves as a practical reminder to be efficient and mindful of how we spend our time. However, when we unravel the philosophical layers beneath, it becomes evident that time has a far deeper significance than the mere monetary value. Viewing time as the essence of our existence prompts us to consider the quality of our experiences and cultivate a mindful approach to life.So let us not merely equate time to money, but see it as a priceless gift that allows us to embark on journeys of self-discovery, personal growth, and deep connections with others. Embracing the present moment, we can truly appreciate the beauty, joy, and endless possibilities that time brings to our lives.

Henry David Thoreau: 'May we so love as never to have occasion to repent of our love!'

James newman: 'words of wisdom are spoken by children at least as often as scientists.'.

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Essay on Time is Money

“Time is money” or also we can say that time is priceless and precious. Time can be used for earning money and we can actually do it but on the other side, we cannot use the money to get our lost time back. It means time is more precious than money or any other thing existed in this world. It is the famous phrase used by the great author “Benjamin Franklin” in his book “Advice to a Young Tradesman”. It has now become the motivational and encouraging tagline for lots of people who want to get the desired success in their life. So, we have provided below some essays on this famous motivational phrase under different words count.

Sample Essay on Time is Money for Students

Essay 1 (400 words).

“Time is money” means by using time in an efficient manner we can get money and by wasting it we can lose the opportunity of earning money. The destiny of a person is not predictable and we never know that when a good opportunity comes to us, it just depends on us how we use time. A single moment is enough to be the reason of getting heights of success or a big fall down in life. Thus we should always prepare for grabbing the opportunity which comes to us at any stage of life. Time is precious and never waits for anyone whether rich or poor and king or beggar.

Time has so much power that it can change a human’s life completely. It can convert a successful or powerful rich person into a helpless poor man and a poor man into a rich person. It only depends on you whether you understand the value of time or take it for granted.

The importance and value of time are different for all. A student uses it for taking knowledge, a working man to earn money and a house lady to do her house works by keeping the importance of time in mind.

In today’s world, everyone is just running behind money, fame, and success. Competition has arisen in all fields that have influenced all age groups of people and children. Thus, if we want our children to get succeed in the future life, we should prepare them since their childhood in such a manner that they understand the value of time and can be able to take benefit from their important time by doing good things in life.

Since the time of their wake up in the morning till the sleeping in the night, every single activity should be done at a proper pre-decided time and this timetable should be followed through the entire life.

The best example of understanding the importance and value of time is that when we lose money we can get it back by using time but if time is lost we cannot get it back by using money or any other thing.

In conclusion, we can just say that time is money and time is priceless, by using it in a proper manner no one can defeat us at any stage of life. Neither we can buy it nor we can sell it; we just can use it every single moment.

Essay 2 (600 words)

Introduction:

“Time is money” is a famous phrase or quote. It was first used by the great author “Benjamin Franklin” in historical time in his famous book “Advice to a Young Tradesman”, which has become the inspiration of life for many people. Though this common phrase of “Time is Money” sounds very simple and ordinary line but it means a lot. These two words consist of the right way of better living and those who are following it can achieve a lot during their life.

Time never waits for anyone and to live with and according to time is the key to success for all. Time is as equivalent to money but money is not comparable by time as “we can earn money by using time but using money we cannot earn time” this is the truth of life and we cannot ignore it. Also, we can say that when we lose money we can get it back but if we lose time no one can get it back for us.

A famous and common phrase connects and relates with the phrase “Time is Money” that is “Time and Tide waits for none” which means passed time never comes back for anyone. We should understand and respect the value of time, by using our precious time we can get and touch the heights of success.

We all should teach our children about the importance of time since their childhood and help them in making their routine by keeping the importance of time in mind. All the activities starting in the morning till the bedtime in the night should be pre-decided and according to the time for the betterment of our and our children’s life.

Importance of Time:

The importance of time differs for all ages of people. Once a kid is grown up, his or her childhood never comes back; similarly, a student always tries his/her best throughout the year for getting good marks or grades just because they know the importance of time. In the same manner for different purposes, people just use their precious time by doing their best efforts to fulfilling their different kinds of wish, as they know that time will not wait for them.

A person gets life for once only and this is the biggest fact of the universe. It only depends on us that how we use it, whether we get lots of achievement during our life or just spoil it by wasting our precious time. Intelligent people are those who manage and live according to the time by using each and every moment of their precious life and did some great works which remind us about those people.

The famous story of Ant and Grasshopper is a good example of this phrase “Time is Money”. In this story, an ant spent it’s all-time of the summer season in collecting food for the season of winter and Grasshopper was happy with the food that he had for that time only. When winter came and had plenty of food in storage as she was much aware of the importance of time. Whereas grasshopper had nothing to eat in the winter season as he was happy in relaxing and wasting his time. Thus, we all should be like an ant in order to face different circumstances in life.

Conclusion:

The above story is just an example but has an important essence of life, this formula should be followed by all of us to get extreme success in life. By using our precious time we cannot only improve our own quality of life but also can contribute to the betterment of society and the nation.

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Smart English Notes

Time is Money Essay

“Time is money” is a much easier way to explain the concept of making the the best use of time because time is money.

“What of all things in the world is the longest and shortest, the swiftest, the slowest without which nothing can be done, which devour all that is little and enlivens all that is great? ” The answer must obviously read “Time”.

Time is Money Essay 1

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That is indeed man’s most precious asset, his richest legacy. Men waste it, regret the loss of it extends to infinity and it immortalises such actions as are truly great.

Even while writing this down, one is reminded of the innumerable men of yore who had realized the value of this great factor time. Time is like money, “the less we have of it to spare the further we make it go. “ This valuable maxim, indeed, illustrates our point beautifully, one of the most coveted possessions. If spent wisely, it brings great dividends to the investor. If just squandered away, it turns out to be a loss. Time is more than money. That is why it is said that we must catch time by the forelock. However, isn’t it rather ironical and tragic that a handful of people make use of this invaluable asset? Indeed, “make use of it if you love eternity, yesterday cannot be recalled, tomorrow cannot be assured, only today is yours, which if you procrastinate, you lose, and which if lost is lost forever. One today is worth several tomorrows.”Let us, therefore, observe method in the distribution of our time. Every hour will then know its proper employment and no time will be lost. Idleness will be out at every avenue and with it the numerous bogies of vices that make up its train. This is one of the great truths on earth and the wise have always acknowledged it. It would, therefore, be in the fitness of things to close up this account with a quote from the Atharva Veda. “Time -all-pervading, omniscient, the creator and destroyer of all beings in the eternal house which pulls the chariot of the vast universe to carry the creatures to their destination.”

Time is Money Essay 2

There is a famous and genuine saying that “Time and Tide waits for none” which implies time never sits tight for anybody. One needs to run with time side by side. Time is free of expense for everything except one can never offer it or purchase. It is unbounded means nobody can constrain the time to any boundation. It is the time which makes everybody move around. Nothing in this world can crush it or win from it. Time is called as the most powerful thing in this world which can make or mare anyone.

Time is exceptionally incredible; one can stoop down before it however never rout it. We are not able to quantify its potential because at some point just a single minute is sufficient to win though at some point it takes an entire life to win. One can be the richest in a moment and one can be poor in a minute. Just a single minute is sufficient to make a contrast between life and death. Every single minute brings bunches of brilliant opportunities to us, we simply need to comprehend the sign of time and use it.

Time is Money Essay 3

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. » Expansion of Ideas » Time is Money

Expansion of an Idea – “Time is Money” for Students / Teachers / Parents

We aim to offer a detailed expansion of the popular proverb “Time is Money” for students. Our focus is on the idea that time is a valuable resource that should be used wisely and productively.

By exploring this proverb in greater detail, we hope to inspire students to approach their use of time with intentionality, mindfulness, and a recognition of its value. Ultimately, our aim is to equip students with the skills and knowledge they need to use their time wisely and productively, both in their academic pursuits and beyond.

Time is Money

  • Time is Money

The proverb “time is money” is a popular saying that highlights the importance of time management and productivity. It implies that time, like money, is a valuable and finite resource that should be used wisely in order to achieve success.

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Home — Essay Samples — Philosophy — Time — Time is Money: Understanding the Adage

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Time is Money: Understanding The Adage

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Words: 621 |

Published: Sep 12, 2023

Words: 621 | Page: 1 | 4 min read

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Introduction, time management and productivity, the value of time, opportunity cost of time, the psychology of time and wealth.

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time is money essay in simple english

English Summary

100 Words Essay On Time Is Money In English

Time is money is a famous adage. Google defines this phrase of time to be “time is a valuable resource, therefore it’s better to do things as quickly as possible.”

By comparing time with money, the proverb aims to stress the importance of time and how invaluable it is. What it also reiterate is how time, like money, should not be wasted and be used judiciously. 

Time is money can also be interpreted to mean that losing time literally equates to losing money- which would in turn result in financial constraints; loss of money thus.

LESSON PLAN FOR ENGLISH TEACHERS

Time is money.

time is money essay in simple english

Level: Mixed levels

Type of English: Business English

Tags: human resources (HR) money and finance the media behaviour, feelings and emotions challenges special report 18+ years old 16-18 years old Vocabulary lesson Article based

Publication date: 25/07/2023

This lesson looks at the concept of time banks and the idea of paying for services with our time instead of our money. The lesson includes a podcast which explains what time banks are and an article that looks specifically at a company called TimeRepublik. Throughout the lesson, students will be introduced to new and interesting vocabulary and there will be opportunities for them to personalise the vocabulary in discussion activities.

by Peter Clarkin

time is money essay in simple english

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This lesson looks at the concept of time banks and the idea of paying for services with our time instead of our money. The lesson includes a podcast which explains what time banks are and an article that looks specifically at a company called TimeRepublik. Throughout the lesson, students will be introduced to new and interesting vocabulary and there will be opportunities for them to personalize the vocabulary in discussion activities.

Time_banks_ae.mp3

COURSE PLANS

This comprehensive course plan covers the full range of language needs – listening, role play, vocabulary development.

Worksheets in English for Business course plan

time is money essay in simple english

Type of English: Business English Level: Upper-intermediate (B2-C1)

time is money essay in simple english

Type of English: Business English Level: Intermediate (B1-B2)

time is money essay in simple english

Type of English: Business English Level: Mixed levels

time is money essay in simple english

Type of English: Business English Level: Advanced (C1-C2)

time is money essay in simple english

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Essay on Time is Money

Essay on Time is Money | Time is Money for Students and Children in English

Essay on Time is Money: Time is a precious aspect of life because if one has the time they can do whatever is possible by them in the due period. Time is money is a famous phrase in English that glorifies the importance of time. There are similar metaphors as ‘time is money’ like ‘time waits for none’ or ‘time and tide wait for none,’ and ‘time is gold,’ etc.

The idea of the metaphor’ time is money’ was present and used among several communities from a very long time before, which indicates that people understood that time should be spent wisely. This notion built among people as they realized that once the time is lost, it cannot be regained. We are providing long and short essay samples on the topic’ Time is Money’ for students, and we are also providing ten points about the concept so that students can refer to them while structuring their essays.

You can read more  Essay Writing  about articles, events, people, sports, technology many more.

Long and Short Essays on Time is Money for Students and Kids in English

We are providing samples of a long essay of 400-500 words and a short essay of 100-200 words on the topic’ Time is Money’, these essays will be useful for students as a reference while writing their own.

Long Essay on Time is Money 500 Words in English

Time is Money essay will be helpful for students of classes 7, 8, 9, and 10.

There is no doubt that time is the only real unit ever to exist. Everyone’s success and failure depend on how they spend their time and those who utilize their time wisely surely attain success. Time is ever dynamic and waits for no one, it runs at its speed, and we are expected to keep up with it.

Money is an economic resource introduced by humans to achieve value for an element that is equal to everyone, irrespective of any other factor. Before the concept of money came into being, people used the barter system to exchange goods. Still, it was a controversial procedure because the value of an element is debatable. Soon after that, minerals or particular resources were used to denote money. After much evolving now, we use coins, cash, and digital money issued by the government.

It was Benjamin Franklin who used the phrase’ time is money in his book ‘Advice to a young tradesman,’ which became so popular that there is barely anyone who doesn’t know this phrase. This phrase means that time should be spent wisely so that one can earn money, and if this time is wasted, then all the opportunities to make money are lost.

Today, the world has advanced in many ways, and people have learned to use their time to make a mark for themselves. Evidently, for such reasons, competition has risen among everyone in every field of work. Almost everyone is doing things to serve the purpose of their life. There is a saying that we are living on borrowed time because we are not in control of it, and this life can end at any moment without giving us a chance to bargain.

There are several examples of success and failure stories that will prove the metaphors’ meaning and application, like ‘time is money.’ Still, all those incidents will also make you realize that there is nothing more superior than time. And it is time that can bring you money, but you can never buy lost time with money again; therefore, time is priceless. In a world where everyone is running behind money and success, I think it is better to stop chasing those and run to keep up with time while using it strategically with a near-future goal.

Long Essay on Time is Money

Short Essay on Time is Money 150 Words in English

Time is Money essay will be helpful for students of classes 1, 2, 3, 4, 5, and 6.

Time is something that runs on its fixed pace and indeed waits for no one. ‘Time is money’ is a phrase that portrays the relationship between time and money: that for making money, one has to use their time in the right way. This phrase applies to every one of us. The person who does understand the meaning and importance of the phrase’ time is money’ surely can prosper in life and gain a stable financial condition. Those who spend their lives in ignorance and do not actively spend their time often become examples of failure. One must always remember that lost money can be regained if one uses their remaining time wisely, but lost time can never be repurchased using money.

10 Lines on Time is Money Essay in English

  • The time the Earth takes to rotate once is 23 hours and 56 minutes and 4.2 seconds; hence a day is a little less than 24 hours.
  • There is a study that proves that money is dirtier than a toilet in a household.
  • Earlier sailors used to pass the time on the sea by making simple crafts utilizing a coin.
  • Monopoly is a popular business game, and every year the amount of monopoly money printed is more than actual money in the entire world.
  • A special kind of ink is used to print money, and there are features on money bills that distinguish it from fake notes.
  • There is only 8% physical money in the world because most transactions are done through digital means.
  • The serial number of a money note is alphanumeric.
  • Coins are galvanized so that it won’t rust.
  • In Greece, there was a tradition to put gold coins on both eyes of a dead person to symbolize the boatman’s payment, who will help the spirit to travel.
  • The shortest moment to exist according to quantum mechanics is called the Planck time.

FAQ’s on Time is Money Essay

Question 1. Who invented the phrase ‘time is money’?

Answer: Benjamin Franklin wrote the phrase ‘Remember that time is money’ in a book 1748.

Question 2. Between time and money, which is more valuable?

Answer: In my and most people’s opinions, that time is more valuable than money, because with time in hand one can obtain money, but with cash, you cannot buy time.

Question 3. Is the phrase ‘time is money’ a proverb or an idiom?

Answer: The expression’ time is money’ is a proverb.

Question 4. From when are we using money?

Answer: The act of using other substances that signifies the value of money was there since 500 BC. But paper money was invented in China and used in the Tang Dynasty sometime between 618 AD and 907 AD.

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Essay on Money for Students and Children

500+ words essay on money.

Money is an essential need to survive in the world. In today’s world, almost everything is possible with money. Moreover, you can fulfill any of your dreams by spending money. As a result, people work hard to earn it. Our parents work hard to fulfill our dreams .

time is money essay in simple english

Furthermore various businessmen , entrepreneurs have startup businesses to earn profits. They have made use of their skills and intelligence in getting an upper hand in earning. Also, the employee sector works day and night to complete their tasks given to them. But still, there are many people who take shortcuts to success and get involved in corruption.

Black Money

Black money is the money that people earn with corruption . For your information corruption involves the misuse of the power of high posts. For instance, it involves taking bribes, extra money for free services, etc. Corruption is the main cause of the lack of proper growth of the country .

Moreover, money that people having authority earns misusing their powers is black money. Furthermore, these earnings do not have proper documentation. As a result, the people who earn this do not pay income tax . Which is a great offense and the person who does this can be behind bars.

Money Laundering

In simple terms, money laundering is converting black money into white money. Also, this is another illegal offense. Furthermore, money laundering also encourages various crimes. Because it is the only way criminal can use their money from illegal sources. Money laundering is a crime, and the people who practice it are liable to go to jail.

Therefore the Government is taking various preventive measures to abolish money laundering. The government is linking bank accounts to AADHAR Card. To get all the transaction detail of each bank account. As a result, the government comes to know if any transaction is from an illegal source .

Also, every bank account has its own KYC (Know your Customer) this separates different categories of income of people. Businessmen are in the high-risk category. Then comes the people who are on a high post they are in the medium-risk category. Further, the last category is of the Employee sector they are at the lowest risk.

Get the huge list of more than 500 Essay Topics and Ideas

White Money

White money is the money that people earn through legal sources. Moreover, it is the money on which the people have already paid the tax. The employee sector of any company always has white money income.

Because the tax is already levied on their income. Therefore the safest way to earn money is in the employment sector. But your income will be limited here. As a result, many people take a different path and choose entrepreneurship. This helps them in starting their own company and make profitable incomes .

Every person in this world works hard to earn money. People try different methods and set of skills to increase their incomes. But it is always not about earning money, it’s about saving and spending it. People should spend money wisely. Moreover, things should always be bought by judging their worth. Because money is not precious but the efforts you make for it are.

Q1. What is Black Money?

A1. Black money is the money that people earn through illegal ways. It is strictly prohibited in our country. And the people who have it can go to jail.

Q2. What is the difference between Black money and White money?

A2. The difference between black money and white money is, Black money comes from illegal earnings. But white money comes from legal sources with taxation levied on it.

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Essay on Money in English for Children and Students

time is money essay in simple english

Table of Contents

Essay on Money: Money is the medium used by people to buy required goods and services. It is used as the source to fulfill basic needs and is also a source of comfort in life. Money is the most important source to live a healthy and prosperous life; however, it cannot be compared with the significance of love and care. Both have their own importance and benefits. Nevertheless, money is a useful and necessary commodity to live contentedly disposing all your usual liabilities towards your family and loved ones.

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Long and Short Essay on Money in English

We have provided some simply written essay on money to help your kids to do better in their essay writing competition.

These Money Essay are written in easy English so that student of any class can easily understand it and also reiterate it or write it down, whenever required.

We have divided following essays under long and short essay on money in English according to the need, to help your kids to do better in their school competitions.

These essay on money will prove useful in your school assignments or general discussion with your family and friends.

Money Essay 1 (100 words)

Money is the most basic requirement of the life without which one cannot fulfill his basic needs and requirements of the daily routine. We can never compare the importance of the money with the importance of love or care. When one need money, love cannot fulfill this requirement and if one need love, money cannot fulfill this requirement.

Both are highly required for the healthy life but they have their significance and importance separately. Both are required by us on urgent basis so we cannot rank both on the same scale. We need money everywhere such as to eat food, to drink water or milk, to see TV, news, subscribe newspaper, wear clothe, get admission and many more requirements.

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Money Essay 2 (150 words)

Money is the basic requirement of the life without which one cannot imagine a healthy and peaceful life. We need money even buying a little needle. In the modern time, where growth of civilization is going very fast and following western culture, we need more money because of the increasing prices of everything. Earlier there was a system called barter system in which one was allowed to exchange things to get goods however, in the modern one need only money to buy everything.

The importance of money is increasing day by day as the living has become so costly. The significance of money has increased to a great extent in the field of production, consumption, exchange, distribution, public finance and etc. It plays a very crucial role in determining the input, income, employment, output, general price level of anything, etc.

Money Essay 3 (200 words)

In such a costly and competitive society and world, no one of us can live without money. We need money to fulfil our basic needs of the life such as buying food, and other many basic necessities of life which are almost impossible to buy without money. People in the society who are rich and have property are looked as honourable and respectful person of the society however a poor person is seen as hatred without any good impression.

Money increases the position of the person in the society and gives good impression to him. All of us want to be rich by earning more money through good job or business in order to fulfil all the increasing demands of the modern age. However, only few people get this chance of completing their dreams of being a millionaire.

So, money is the thing of great importance all through the life. Money is required by everyone whether he/she is rich or poor ad living in urban areas or rural areas. People in the urban areas are earning more money than the people living in backward or rural areas as the people of the urban areas have more access to the technologies and get more opportunity because of the easy sources.

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Money Essay 4 (250 words)

Money is very much required thing in the life however; it cannot buy things like time, love and true care. It can only fulfil the outer needs of the person and not the inner needs like true love. Now-a-days, everything has become so costly but necessary to buy for living a simple life. And what if we have no money, either we would die or suffer more if saved.

Money has capability to buy anything virtually and helps us a lot throughout the life. By taking the importance of the money in our life we should never destroy or waste the money without any purpose. We should not compare the money and love because both are required separately to run a successful life.

In this competitive world, everyone wants to get good study with higher education from the popular college and university to get good job in order to earn more money. A person needs more money to fulfil the requirement of the all members of the family especially one who is only working person of the family.

He or she needs to fulfil the eating, clothing and living requirements of the family members and for that money is required. Rich people of the society are given particular recognition and popularity however poor people live their life by arranging just food for two times a day. All the changes and differences are just because of the money.

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Money Essay 5 (300 words)

Money is really a very important thing for the human beings to lead their life in the satisfactory way. Unlike animals and plants, we need more money everywhere. In order to live in the society, we need to maintain our status and position in the society for which we need money. In order to eat food or drink water, wear cloth, get admission to the school, take medicine or go to the hospital and other many activities we need lots of money. Now the topic arise is, where we got such required money. We need to get higher level study and do hard works to get good job or open our own business which requires more skill and confidence.

Earlier the condition of poor people was very poor because of the pressure of the rich people. They were not helping the poor people and use them only as a servant on the very low salary. However the condition of the poor people has become good as the rule and regulations of the government as been change in order to equalize the condition of both. Now everyone has equal rights to study higher and get good job. Many people understand that money is the origin of the evil in the mind however I do not think so because thinking is the process of human mind and not the creation of money.

I understand and believe that money is the most important key of happiness gifted by the God. It is the human mind to take anything in different ways. Some people take it only to fulfil their physical needs and they never take it heartily however some people understand everything to the money and they can do anything for getting the money such murder, corruption, underworld work, smuggling, promoting bribe, etc.

Money Essay 6 (400 words)

There is no any doubt that money is so essential for our healthy living. Money is almost everything for us to live a life and maintain the good stats in the society. It is the money which fulfils the need of bringing necessary comforts and amenities of the life. If one has money, he/she can get anything in his/her life. It is the money which helps us in developing good personality, improving confidence, makes us able to creditworthiness, improving capacity, increasing capabilities and enhancing our courage to a great level. Without money we feel helpless and alone in this world where no one is ready to help and assist. In the current materialistic world, money is very important and powerful thing without which one cannot live and survive.

Now-a-days, in order to earn more money in wrong ways, bad people are taking help of corruption, bribe, smuggling, murder rich people of the society, and other callous activities by degrading the moral and ethical values of the humanity. Lazy people follow wrong ways to earn money as they understand that these ways are simple and easy however it is not true. One can earn more money in less time and effort but not for long; surely he would be lost in the near future as he is following wrong and weak way. The people who are earning money by following all the rules of humanity earn less money but for long time and they become the high status personality of the society.

People doing corruption save their money as a black money in other countries to keep hidden from the common public and use that money for bad works or increasing their physical luxury. However, common people of the society respects a lot to the people earning money using wrong techniques as they have fear of them and little bit greediness that they can get some money in return whenever required by giving them respect. They are generally called as the bhai or dada or don. Money cannot buy or stay the time as well as cannot give true love and care however highly required by all of us to run the life on the right path. It cannot give time and love however gives happiness, confidence, satisfaction, feeling of well being mentally and physically, makes life easy by solving all the difficulties, and many more.

All the essays on money given above are written by the professional content writer to help students in getting fulfilled their needs and requirements. Essay on money is generally assigned to the students to write something in their own way. Money essay is given under the category of general essay.

Frequently Asked Questions on Money

Who found money.

Money, in various forms like barter or trade, has existed since ancient times. The first coined money is believed to have been created by the Lydians, in what is now Turkey, around 600 BC.

Who said money is life?

This specific quote isn't attributed to a singular famous person. Various interpretations and contexts might exist, but the idea that money plays a significant role in many aspects of life is widely acknowledged.

What is money quotes?

A popular quote about money is, Money can't buy happiness, but it certainly helps.

What is the nature of money?

The nature of money is abstract. It has no intrinsic value but is accepted as a medium of exchange. Its value is determined by trust and the backing of an authority, like a government.

What is the value of money in life?

The value of money in life goes beyond purchasing power. It provides security, freedom, and opportunities, but isn't the sole determinant of happiness or success.

What is the importance of money?

Money is essential as it enables trade, provides financial security, meets daily needs, and offers the potential for a better life. It's a measure of one's ability to afford services and products.

What is money in own words?

Money is a tool that facilitates trade, allowing us to purchase what we need or desire. It represents value and can be saved, spent, or invested.

What is the few lines on money?

Money is a medium of exchange, used to buy goods and services. It acts as a unit of account, a store of value, and is universally accepted in transactions.

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Money Essay

Money Essay | Importance and Benefits of Money Essay in English

Money Essay: Money is a vital wellspring of everyday routine to experience a solid and satisfying life, despite the fact that it can not measure up to adore and mind. Both have their own significance and benefit. We are giving articles on Money to partake in a paper composing contest in basic and basic words here.

Money is the medium utilized by individuals to purchase required labor and products. It is utilized as the source to satisfy fundamental requirements and is additionally a wellspring of solace throughout everyday life. Money is the main source to carry on with a sound and prosperous life; nonetheless, it couldn’t measure up to the meaning of affection and care. Both have their own significance and advantages. By the way, Money is a helpful and important product to live cheerily arranging all your standard liabilities towards your family and friends and family.

You can read more  Essay Writing  about articles, events, people, sports, technology many more.

Short Essay on Money 300 Words in English

Money is the fundamental need of life, without which nobody can envision a sound and tranquil life. We need money to satisfy our littlest needs. In present-day times, when progress is growing quickly and everybody is following western culture, in such a period, we need more money because of expanding merchandise. On prior occasions, there was training called trade framework, in which anybody would get another thing in return for a certain something. In any case, presently in this advanced world, just Money is expected to purchase everything or thing. it happens.

These days you need Money for each work, for garments, for food, for a safe house and surprisingly in numerous spots you need to pay for water. Despite the fact that it can likewise be said that ‘Money can’t give joy’s yet would you be able to be content with no Money? Since Money is a major piece of our life, at any rate you need Money to be content.

The significance of Money is expanding step by step, in light of the fact that our living has gotten over the top expensive. The significance of Money has expanded for a huge scope in the fields of creation, utilization, trade, circulation, public income and so on It assumes a vital part in deciding pay, work, continues partnership, general value level and so on On the off chance that we take a gander at the present-day situation, there is no uncertainty that he, who has a lot of riches, is viewed as more cultivated on the planet. Consequently, we can say that Money is vital in each part of life.

Importance of Money

Money is a fundamental thing throughout everyday life. In any case, it can’t accept things like time, love and genuine consideration. It can just satisfy the outer requirements of an individual and not the interior necessities like love. These days, everything has gotten costly yet getting them is vital to carry on with basic life. In the event that we don’t have money, nobody can envision the reality of how our circumstances will be.

The demise of an individual is sure because of the absence of Money and on the off chance that he endures, he experiences to confront numerous difficulties. Abundance empowers us to purchase every one of the essential things and helps us for the duration of our life. In the event that we comprehend the significance of Money throughout everyday life, we won’t ever go through Money with no reason or abuse. We can’t look at Money and love, in light of the fact that to carry on with a fruitful life we ​​need both Money and love.

In this cutthroat world, to bring in Money by finding a decent line of work, everybody needs to concentrate well with advanced education from a notable school or college. An individual needs to bring in more money to satisfy the prerequisite of the relative multitude of individuals in the family, particularly for the individual who is the lone worker in the family.

An individual necessities Money to address the issues of all his relatives to eat, wear, and live. The rich have an uncommon personality and notoriety in the general public, be that as it may, the needy individuals spend their lives just getting two suppers per day. Every one of these progressions and contrasts are because of Money as it were.

In any place where there is a shortage of money in the house, there are a lot of struggles. There are squabbles among a couple. Neither does anybody regard each other in the case of bringing in Money. Neighbors and family members likewise peer downward on the destitute individual. He begins cutting her reasoning that the individual never requests Money from her. With this, nobody needs to get to know a destitute individual in the present time.

Money can neither purchase nor stop time nor purchase genuine romance and care together. Yet at the same time it is needed by all, so life can be taken in the correct way. Despite the fact that Money can’t give time and love, it certainly gives us bliss, certainty, fulfillment, physical and mental harmony. Because of which we can carry on with life effectively and each troublesome issue can be settled.

Money

Advantage from Money

You can carry on with a conscious life: An individual is regarded just when he is monetarily prosperous. Something else, in the present society, the bankrupt individual has no regard.

Unadulterated and nutritious food can be eaten: The individuals who have abundance can appreciate an assortment of heavenly and nutritious dinners. What’s more, they can shield themselves from sicknesses.

Your assurance should be possible: In the present society, burglary, theft have expanded a great deal and rich individuals can give security to themselves because of Money.

The credit is repayable: Obligation taken from an individual rich individual can reimburse the credit without any problem.

The happiness regarding material delights can be achieved: With an adequate measure of riches, all material solaces can be appreciated like taking a decent house, great garments, vehicles and different things.

FAQ’s on Money Essay

Question 1. What is the requirement for money?

Answer: The main capacity of cash is to fill in as a mechanism of trade. As a mechanism of trade, cash addresses every one of the troubles of the deal. There is no need for a twofold fortuitous event of needs in a cash economy.

Question 2. What are the benefits of money?

Answer: Having money with you gives you a respectful life, you can have a healthy and nutritious life, you can pay your loans, have a luxurious life, etc.

Question 3. How can we earn money?

Answer: There are a number of ways to earn money such as;

  • You can be an employee in a company
  • You can start your own business
  • You can be an entrepreneur
  • You can use social media channels to provide your service

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IR-2024-106, April 11, 2024

WASHINGTON — With the April 15 tax filing deadline fast approaching, the Internal Revenue Service reminds taxpayers who need more time to file their return that receiving an extension is quick and easy through IRS Free File on IRS.gov. An extension gives taxpayers an automatic six more months – until Oct. 15 this year – to file their tax return.

The IRS also reminds taxpayers that payments are still due by the original deadline, even if they request an extension of time to file a tax return. Taxpayers should file even if they can't pay the full amount.

Use IRS Free File to get an extension online

One of the fastest and easiest ways to get an extension is through IRS Free File on IRS.gov. All individual tax filers, regardless of income, can electronically request Form 4868, Application for Automatic Extension of Time To File U.S. Individual Income Tax Return PDF , by using the IRS Free File partner software on IRS.gov.

To get an extension, taxpayers must estimate their tax liability on this form and file it by April 15, 2024.

By filing either a return on time or requesting an extension by the April 15 filing deadline, people avoid the late-filing penalty, which can be 10 times as costly as the penalty for not paying.

More time to file, not more time to pay

While an extension allows for extra time to gather, prepare and file paperwork, it's important to remember that an extension of time to file taxes is not an extension of time to pay. Taxpayers who owe should pay their entire obligation, or as much as they can, by the April 15 deadline to avoid penalties and interest.

Taxpayers who pay as much as they can by the due date reduce the overall amount subject to penalty and interest charges. The interest rate for an individual's unpaid taxes is currently 7%, compounded daily. The late-filing penalty is generally 5% per month and the late-payment penalty is normally 0.5% per month, both of which max out at 25%.

Make a payment and get an extension, automatically

Other fast, free and easy ways to get an extension include using IRS Direct Pay , the Electronic Federal Tax Payment System or by paying with a credit or debit card or digital wallet . There is no need to file a separate Form 4868 extension request when making an electronic payment and indicating it is for an extension. The IRS will automatically count it as an extension.

The IRS will work with taxpayers who cannot pay the full amount of tax they owe. Other options to pay, such as getting a loan or paying by credit card, may help resolve a tax debt. Most people can set up a payment plan on IRS.gov to pay off their balance over time.

Some taxpayers get automatic extensions

Special rules offer some taxpayers more time without having to request an extension:

  • U.S. citizens and resident aliens who live and work outside of the United States and Puerto Rico get an automatic two-month extension, until June 15, to file their tax returns. However, tax payments are still due April 15 or interest will accrue on the unpaid tax.
  • Members of the military on duty outside the United States and Puerto Rico also receive an automatic two-month extension to file. Those serving in combat zones have up to 180 days after they leave the combat zone to file returns and pay any taxes due. Details are available in Publication 3, Armed Forces' Tax Guide .
  • When the U.S. president makes a disaster area declaration, the IRS can postpone certain tax deadlines for taxpayers in affected areas. Taxpayers in qualified disaster areas do not need to submit an extension electronically or on paper. Information on the most recent tax relief for disaster situations can be found on the Extension of time to file your tax return page.
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COMMENTS

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  5. Simple English Essay on Time is Money for Children and Students

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    Time is Money Essay. By Abhishek Singh. "Time is Money" is a phrase which is commonly used the world over, to imply the significance of time and the fact that wasting time is equivalent to wasting money. The origin of the phrase dates back to 15 th century. A Croatian merchant - Benedetto Cotrugli, was the first to write the phrase ...

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  16. 100 Words Essay On Time Is Money In English

    100 Words Essay On Time Is Money In English. Time is money is a famous adage. Google defines this phrase of time to be "time is a valuable resource, therefore it's better to do things as quickly as possible.". By comparing time with money, the proverb aims to stress the importance of time and how invaluable it is.

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    Publication date: 25/07/2023. This lesson looks at the concept of time banks and the idea of paying for services with our time instead of our money. The lesson includes a podcast which explains what time banks are and an article that looks specifically at a company called TimeRepublik. Throughout the lesson, students will be introduced to new ...

  18. Time is Money for Students and Children in English

    We are providing samples of a long essay of 400-500 words and a short essay of 100-200 words on the topic' Time is Money', these essays will be useful for students as a reference while writing their own. Long Essay on Time is Money 500 Words in English. Time is Money essay will be helpful for students of classes 7, 8, 9, and 10.

  19. Essay On Time Is Money

    Therefore, the less time spent on idle activities, the more productive we are, leading to increased financial stability. Furthermore, being punctual is an effective tool for saving time and, therefore, money. Time wasted waiting for delayed meetings, appointments, trains or buses leads to time wasted that could be invested in productive activities.

  20. Essay On Time for Students and Children

    500+ Words Essay on Time. Essay On Time - Time is very precious and we should not waste it in any way. Likewise, we can earn the money we spent but we cannot get back the time we have lost. So, this makes the time more valuable than money. Hence, we should utilize the time in the most possible way.

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  22. Essay on Money in English for Children and Students

    Money Essay 4 (250 words) Money is very much required thing in the life however; it cannot buy things like time, love and true care. It can only fulfil the outer needs of the person and not the inner needs like true love. Now-a-days, everything has become so costly but necessary to buy for living a simple life.

  23. Importance and Benefits of Money Essay in English

    June 1, 2023 by Laxmi. Money Essay: Money is a vital wellspring of everyday routine to experience a solid and satisfying life, despite the fact that it can not measure up to adore and mind. Both have their own significance and benefit. We are giving articles on Money to partake in a paper composing contest in basic and basic words here.

  24. Need more time to file a federal tax return? It's easy with IRS Free

    IR-2024-106, April 11, 2024. WASHINGTON — With the April 15 tax filing deadline fast approaching, the Internal Revenue Service reminds taxpayers who need more time to file their return that receiving an extension is quick and easy through IRS Free File on IRS.gov. An extension gives taxpayers an automatic six more months - until Oct. 15 this year - to file their tax return.