High School Speech Materialism and Money Essay

894 Words Sep 17th, 2009 4 Pages
We Have become largely materialistic as a society. Nowadays the size of your income is the point that defines you and happiness is the latest Ipod. Now just take a moment to consider. What was it that made you happy as a toddler? Was it that you had the latest Pumpkin patch fashions? Or perhaps it was that your parent’s earnt more than your best friends parents? No it was simply the love and affection of your parents, a sense of achievement when you achieved something and the companionship of people your own age. You see, I think those toddlers are onto a good thing. I believe that we as the young people of New Zealand place far to much emphasis on the importance of money. If you think about it, all that money causes is bad things; Debt, …show more content…
They are also unaware of how to keep their accounts under control. Debt has become more of an issue in recent years with the introduction of electronic devices. Credit cards now allow people to spend their money in advance meanwhile they are charged large amounts of interest. Because they are unable to physically ‘spend their money people are often fooled into spending large amounts of money. This is essentially a loan. The credit companies then charge the customer high interest rates and by the time the customer pays-off this debt they have paid almost twice the amount for an item in order to use their money in advance. The amount of debt an average New Zealander racks up is increasing. Take for example, a survey carried out by the Reserve bank of New Zealand in 2001. This survey stated that the average amount of debt as a New Zealander had increased by 10% over the ten year period since 1991 This is a leading cause for depression and mental illness. I believe that if proper education about money was given and the use of technology with money was reduced then money would become less of an intrusion into our everyday lives.

Money encourages discrimination and prejudice. Society is quite distinctly split into different ‘classes’. These ‘classes’ are majorly influenced by, Yes you guessed it, Money. Why should someone be any less of a person just because they have a smaller income than

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