It is better to have useful things around, than to have interesting things. Why! Why you must be asking; or why, you must be asking… Well, I don’t know too. I will just put it in this way.
1) Mr. So-and-so has some capital or some money. So, he is going to spend some on useful or interesting things? He has variety things to choose from, either will result in the creation of assets or liabilities. If he spend on some useful budgets such as buying some “economical” class housing and car, invest on shares, study or small business, and keep some for saving, then he is creating more assets for himself, which will have future financial return and benefits and own them legally. These items are useful, because usually no one will choose them, but they do have future uses. No one can force a person to take the item, unless it is not the someone that is doing the forcing efforts, but it is the non-living things. I refer the non-living as the situation the person is in, the circumstance are non-living, right…
However, if he spend on interesting budgets such as buying some “luxury” class housing and car that is way beyond his capability and some shop lots for renting, then he is likely to create some liabilities for himself, which are more obligations owing to other, instead of the wealth. These items are interesting because they are always on demand, yet are unaffordable, helps the rich become richer and trap the poor to “donate” their wealth. Hence, in the end, he will be better off if he choose the useful things over the interesting things.
2) Between merit goods and demerit goods, useful things can be treated as merit gods, while interesting goods as demerit goods. Merit goods are something that is good for the future, yet there is always no one willing to provide for it as they can’t foresee the benefits in the long term. Whereas, the demerit goods are the items that are bad in nature, but anyone will still like it because they can’t foresee the future harm to them. These explanations have some suiting with the useful and interesting natures. Examples of each of them will be: useful things are health, education, and emergency savings… interesting things are gambling, drug, smoking…. Merit goods face under-provision problems while demerit goods face over-provision problems. This indicates merits goods are useful and wanted, because everyone wants them although they are reluctant to provide for them. Demerit goods will have to be reduced, because no one can avoid its temptation, although its harms are known.
3) Interesting things is based on personal perceptions and may vary based on their own preferences, or thoughts… He likes it doesn’t mean other does. Whilst, useful things will always be required no matter you admit them or not. It is the fact, not any of the personal perception or delusion. It will be the matter of time, you will be using them. Consider the following circumstances:-
A traveler come across a river side while jungle trekking. He saw some colourful stones among some dried twiglings. For some, it is better that Mr. Traveler picks up those stones, because they are interested in the values the stones bear. Yet, some think that Mr. Traveler should just pass by, no need to do anything because nothing is interesting. Yet, few or no one will choose the twiglings, for, what’s the use?! But, we know that Mr. Traveler will need to pick up some twiglings to be used for building a fire spot for overnight in the end. This is what we call useful things.
End) In a nutshell, I think that people need more control on themselves in choosing more useful things and lesser interesting things (not totally avoided, because “All works (useful) but no plays (interesting) make Jack a dull boy”). In the mean time, I am going for some gaming and study later, because gaming seems a lot more fun!! But, eventually, we all know that I will be regretting over the games and appreciate studies, I hope.
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