This is my first essay, I hope I find someone correct it for me.
You have enough money to purchase either a house or a business. Which would you choose to buy? Give specific reasons to explain your choice.
In most countries, owning a house come with taxes and other money related problems. Thus, for most people earning money is the number one priority in their lives. Starting a business is the best choice to them. In our country Saudi Arabia, we don't have these problems. We don't have any taxes for anything and can easily purchase anything without worrying about financial problems related to it. For me, having a house is much more important than having my own business for several reasons.
First, owning a house add a sense of stability and comfort in person's life. For me, I can have pets, backyard for my children to play, our own garage, storage space.. etc.
The ability to be my own boss in my own house is priceless. Living in an apartment in building - either owned or rent- don't give me much of freedom. For example, I live in an owned apartment and I really regret not buying a house when I had the chance. Am having problems with storages and space although when me and my husband bought it we thought it was spacious. My daughter don't have much space for playing, and we usually combat with our neighbors for car parking! Having a house will solve all these problems and when new one pops up it can be easily sorted out.
Second, buying a house will affect the person or family income. He or she won't be worried about rent by the end of the every month or year. In addition, he/she will save more money in the long run as they stopped paying rent. From my experience, owning the place we live in is an advantage in our lives.
The amount of money we used to spend in rent is now spent in more important things, or it can be saved to build a business.
Last, living in an apartment means you have to deal with building supper or neighbor complaints for anything. In the other hand, if you have a house you will not be subject to all of this. Right now, we pay a fee every month for building services and maintains though we own the apartment, but nothing is free these days. Most of the rent money we thought we can use it was spent on different kind of fees.
In summary, buying a house will give you piece of mind. It actually will help you save more money. Moreover you will leave a good asset to your children as a property has price. So it is a good investment for the present and the future
You have enough money to purchase either a house or a business. Which would you choose to buy? Give specific reasons to explain your choice.
being a boss in your own house
In most countries, owning a house come with taxes and other money related problems. Thus, for most people earning money is the number one priority in their lives. Starting a business is the best choice to them. In our country Saudi Arabia, we don't have these problems. We don't have any taxes for anything and can easily purchase anything without worrying about financial problems related to it. For me, having a house is much more important than having my own business for several reasons.
First, owning a house add a sense of stability and comfort in person's life. For me, I can have pets, backyard for my children to play, our own garage, storage space.. etc.
The ability to be my own boss in my own house is priceless. Living in an apartment in building - either owned or rent- don't give me much of freedom. For example, I live in an owned apartment and I really regret not buying a house when I had the chance. Am having problems with storages and space although when me and my husband bought it we thought it was spacious. My daughter don't have much space for playing, and we usually combat with our neighbors for car parking! Having a house will solve all these problems and when new one pops up it can be easily sorted out.
Second, buying a house will affect the person or family income. He or she won't be worried about rent by the end of the every month or year. In addition, he/she will save more money in the long run as they stopped paying rent. From my experience, owning the place we live in is an advantage in our lives.
The amount of money we used to spend in rent is now spent in more important things, or it can be saved to build a business.
Last, living in an apartment means you have to deal with building supper or neighbor complaints for anything. In the other hand, if you have a house you will not be subject to all of this. Right now, we pay a fee every month for building services and maintains though we own the apartment, but nothing is free these days. Most of the rent money we thought we can use it was spent on different kind of fees.
In summary, buying a house will give you piece of mind. It actually will help you save more money. Moreover you will leave a good asset to your children as a property has price. So it is a good investment for the present and the future