In this article titled “Of Expense Summary”, we will explore the importance of maintaining an organized record of your financial transactions. Whether you are an individual looking to gain control over your personal finances or a business owner aiming to optimize profitability, understanding and utilizing expense summaries can prove to be a game-changer. Read More Class 10 English Summaries.
Of Expense Summary
Of Expense Summary in English
This essay teaches us how we should manage our financial matters. The author instructs his readers to be discreet in spending money. He wants them to spend only a fixed portion of their income to avoid future uncertainties.
Riches are for spending honourably and in noble actions. Extraordinary expenses must be limited by the worth of the occasion and by a man’s estate. We should spend the money thoughtfully so that the servants might not deceive us or abuse our money. A wise man’s expenses never exceed half of his income. There is no harm for a great man to look into his own estate to avoid sorrow.
If we are plentiful in some kind of expense, we must be frugal in certain other kinds. He who is plentiful in expenses of all kinds will meet decay. Hasteful clearing of one’s estates hurts one a great deal. It proves disadvantageous. Clearing the estates by degrees induces a habit of frugality. It proves advantageous both financially and mentally. A man ought to begin charges carefully. It is not silly to curtail petty charges in comparison with stopping to petty earnings.