Question

write down five advantages of spending money wisely and five disadvantages of spending money extravagantly

Answer 1

Everyone uses money. We all want it, work for it and think about it. If you don't know what money is, you are not like most humans. However, the task of defining what money is where it comes from and what its worth belongs to those who dedicate themselves to the discipline of economics. While the creation and growth of money seems somewhat intangible, money is the way we get the things we need and want. Here we look at the multifaceted characteristics of money.
Before the development of a medium of exchange, people would barter to obtain the goods and services they needed. 

Answer 2

1 spend on food that we eat
2 spend on things that is important for our survival
3 don't waste water
4 don't waste food
5 don't waste electricity

1 hacking
2 scamming
3 stealing