Saturday, May 02, 2015

 

Spending for Luxury items is a kind of charity



When someone has enough money after fulfilling basic needs of his immediate family and first blood relatives, he/She has two options:
1.Spend the money for luxuryitems
2.Donate the money for charity
Both options are correct. When someone spends money in luxury, definitely he gets pleasure. And at the same time, many people get their livelihood by making or providing service for this luxury item. Further luxury items in general higher standards of human endeavours and thus work as driving force for development and innovation.
On the other hand, when giving money to charity, one has to sacrifice his/her pleasure. Its noble and laudable. Probably one will get a little more points as virtue while spending money charity. Nevertheless spending money luxury is also no less version of charity. So one should better go for both options – some money for luxury, some for charity.


Luxury vs charity: ethical dilemma described in BBC website
Financial Times special website on luxury items:
 








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