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Read the paragraph below, then carefully study on what decisions would be if you were in the situation. Your good deed of returning a case of jewelries and diamondsyou accidentally found on a public transport was rewarded by a rich businessman. He gave you a huge amount of money that will surely change your life Your next move is to use the money wisely, and to make sure that every move you make leads to promote common good. In making such decision, what are your considerations? Why?List down some of your expenditures. Is it worth your money? Why? At this time of pandemic, what should be your priorities? Do you find it hard to come up with a decision? Why? Why not?

Question

Read the paragraph below, then carefully study on what decisions would be if you were in the situation. Your good deed of returning a case of jewelries and diamondsyou accidentally found on a public transport was rewarded by a rich businessman. He gave you a huge amount of money that will surely change your life Your next move is to use the money wisely, and to make sure that every move you make leads to promote common good. In making such decision, what are your considerations? Why?List down some of your expenditures. Is it worth your money? Why? At this time of pandemic, what should be your priorities? Do you find it hard to come up with a decision? Why? Why not?

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Solution

In making such a decision, my considerations would be:

  1. Financial Security: I would first ensure that I have enough savings for my future and for any emergencies. This is important because it provides a safety net for unexpected expenses.

  2. Investment: I would invest a portion of the money in a business or stocks to generate more income. This is a wise decision because it allows the money to grow and provides a steady income.

  3. Charity: Given the current pandemic situation, I would donate a portion of the money to charities or organizations that help those affected by the pandemic. This promotes the common good and helps those in need.

  4. Personal Needs and Wants: I would also allocate a portion of the money for my personal needs and wants, such as buying a house or a car, or going on a vacation. This is worth my money because it improves my quality of life and provides happiness and satisfaction.

In terms of expenditures, some of them would be:

  1. Savings: A significant portion of the money would go into savings.

  2. Investment: A portion of the money would be used for investments.

  3. Charity: A portion of the money would be donated to charities.

  4. Personal Needs and Wants: The remaining money would be used for personal needs and wants.

At this time of pandemic, my priorities should be ensuring my health and safety, helping those in need, and securing my financial future.

Coming up with a decision is not hard for me because I believe in making wise and thoughtful decisions that benefit not only myself but also others. I understand the importance of using money wisely and promoting the common good, especially during these challenging times.

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