The value of money, family and health Essay

The value of money, family and health

            I seek to disagree with the claim that money is worthless compared to family and health. In this regard I seek to make a counter argument that while money is not as important as family and health, it is a vital component for harmony and contentment in the family set up and a necessity for good health. Also in its own right, money is important for our day to day lives due to its many functions. Actually, it is my opinion that lack of money is detrimental to both family and health and a major reason for the breakdown of several families and many diseases and death due to their failure to afford good health care. However, this is not to say that money might not lead to problems in the family or even cause injury to health, it is simply plausible to believe that the positive outweigh the demerits. The presence of too much money especially to children has been seen as factor encouraging indiscipline and may act as a de motivating factor to pursue excellence in education.

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            There are several reasons why I seek to support my claim for the importance of money in the family and health set up. First, a family set up wit children requires several basic commodities that are vital for their existence. Food is indeed on top of the list and the family must ensure that they have adequate access to foods that ensure provision of a balanced diet for the family members. The demand for food is inelastic meaning that the cost of purchasing food is always at an upward trend and therefore a lot of money is needed to provide these dietary requirements.  Lack of money therefore leads to the inability of parents to provide food of adequate quantity and quality to cater for the needs of their family and this might in turn affect the health of children. In some countries where poverty is rampant, such failure might lead to malnutrition and even starvation. Therefore, money is necessary to ensure the family can afford to feed itself and ensure they grow and stay healthy (Garber, 2008).

            A family has other needs that cannot be ignored since they are as vital for survival as food. Needless to say, we live in a capitalistic economy whereby ownership of property is based by ones resources usually judged in monetary values. For instance, a family requires shelter to live in and the cost of acquiring a house is expensive. For those who cannot do so and therefore have to rent, the cost is still high and impractical; since paying rent has been equated with throwing money in a bottomless pit (Levinson, 20-70). Most families opt to securing mortgages to pay for their houses and lack of money might lead to foreclosure and repossession. The amount of money a family has also determines the location of house and by extension the physical security of the family. This means that families without adequate resources might have to live in poor neighborhood that usually full of violence, crime and a perennial drug problem.

            Another factor that is determined by the level of money is the quality and level of education. Poor children living in poor neighbor hoods are likely to receive low quality education than their rich counterparts leading to poor performance. This might in turn mean that they do not access higher education and locking them out from good jobs and subjecting them to unending poverty. Most importantly lack of money might mean that the family has no health insurance to cater for medical emergencies (Edmunds & Coye, 50-150). This means that during sicknesses the family would receive low quality medical services which might even be injurious. This might increase the fatality rate of their sickness meaning that lack of money puts individuals at the risk of unnecessary mortal danger. Lack of money might lead to poor family relations due to the inability to cater for the needs of the family members. Depression, stress and suicide are just some of the results of lack of money with other adverse effects including prostitution, pregnancies and drug abuse.

Works Cited

David Levinson. Encyclopedia of homelessness. Sage Publishers, 2004.

Margaret Edmunds & Molly Joel Coye. Systems of accountability. National Academies Pres, 1998.
Kent Garber. The Growing Food Cost Crisis: Sharp price hikes are hurting the poor and sparking violence. 7 March 2008. Viewed 27 March 2009. <http://www.usnews.com/articles/news/2008/03/07/the-growing-food-cost-crisis.html>.