Today we are going to tell you about Of Expense. this post belong to 10th class .
Q.1. How should Prudent spending of riches be done?
Ans. Riches are meant to be spent. They are not meant to be wasted .they should be spent for honour and good actions. They should be spent keeping in view the worth of the occasion such spendings are known as prudent spending.
Q.2.What are the two motives for the sacrifice of all other possessions?
Ans. Every man has a number of possessions. They include his estate his regular income and his casual gettings. honour and good actions are the two motives for the sacrifice of all other possessions.
Q.3.What is Bacon’s advice on extraordinary expenses?
Ans. In the essay ‘of Expanse’ , Francis Bacon gives us an advise. He says that we should limit our Extra-ordainary expenses keeping in view the worth of the occasion. This means the people should be discreet in spending money.
Q.4.What are the Bacons’ view on servants and Employees?
Ans. Bacon holds adverse views on servants and employees. he says that servant an employees are tricksters. They might deceive you if they spent your money on your behalf .they may also exploit. you by keeping some money with them .
Q.5. Why is hasty selling disadvantageous?
Ans. Sometimes a man wants to dispose of his estate. He should be very careful in it. If we make undue haste in selling our estate . we would be duped by the middleman if would pinch us lifelong because haste makes waste.
Q.6.What does Bacon want to convey, when he says’ To turn all to certainties’?
Ans. Bacon is in favour of turning all to certainties. He instructs his readers to curtail his ordinary expenses. he must not spend more than half of his earnings . he should kep the balance between his earnings and expenditure . he should not depend on his servant and employees because they would bring only sorrow and uncertainty . he should be certain that his Indiscreet spending might not prove pain ful to him .
Q.7. Distinguish between ordinary and extraordinary expenses in the light of the views expressed by Bacon.
Ans. Francis bacon refers of two types of expenses he terms them as ordinary and extraordinary expenses.
Ordinary expenses are normal usual and unavoidable routine expenses they can be calculated in advance expenses on food, milk fees for the children and payment of bills are necessary expenses.
Extraordinary expenses are those expenses which are casual that they cannot be foreseen the expenses on medicine entertainment of guests purchase of fashion item etc. come under this category.
Q.8.How far, are the view of Bacon relevant to present time?
Ans. Bacon was of the view that his readers should be discreet in spending money we should spend only if fixed portion of our income and save the rest for rainy day. We should personally look after our financial matters. His views are partially relevant to the present time. The way of life has totally change now. Ladies and children have an upper hand in spending the money. The salaried people with a fixed single income live from hand to months .There for the question of saving money is a silly thought.
Q.9. Write a short note on ‘Proper Money Management’. 2010
Ans. Money is not meant to be wasted. it is rather to be spent usefully .Every penny has its own value it should be spent judiciously . Assess the utility of the item you under take to purchase. It should be spent halfheartedly on comforts .Spend on the health an education spent the least on fashions. Money should add to your joy and curtail your sorrow .