English Essay, Paragraph, Speech on “Money is a good servant, but a bad master” 200 Words Essay for Class 8, 9, 10, 11, 12 Students.

Money is a good servant, but a bad master

Nobody would be foolish enough to deny that money is an essential, almost indispensable commodity in present-day life, money is necessary and convenient means of exchange through which man can obtain all the necessities, comforts, and amenities of life. A penniless creature is a miserable being, unable to keep even his body and soul together. It is money which gives man courage, confidence, and social prestige. Hence, as a means to procure these, it is everybody’s duty to earn money. On the other hand, the love of money for its own sake is a curse indeed. Those who earn money simply to have a fat bank balance or a pile of treasure at home are no better than the proverbial miser king Midas. Excessive love of money is avarice—one of the deadly sins against which man is required to guard himself. An avaricious man becomes a slave to money. He develops a narrow, selfish outlook. Lust for wealth degrades human character. It makes him mean, cruel, and even dishonest.

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