Why to use symbol rather than a string in ruby

Symbols are abstract references represented, typically, by a short string prefixed with a colon.
 
Examples include :blue, :good, and :name. Sadly, there is no succinct, easy-to-learn trick to
symbols, so you’ll need to read this whole section—maybe even more than once—to get it to
stick.
Among mainstream languages, symbols are reasonably unique to Ruby (although Lisp and
Erlang do have similar concepts) and tend to confuse most new users, so let’s jump straight
into an illustrative example:
current_situation = :good
puts "Everything is fine" if current_situation == :good
puts "PANIC!" if current_situation == :bad
Everything is fine
In this example, :good and :bad are symbols. Symbols don’t contain values or objects, like variables do. Instead, they’re used as a consistent name within code. For example, in the preceding code, you could easily replace the symbols with strings, like so:
current_situation = "good"
puts "Everything is fine" if current_situation == "good"
puts "PANIC!" if current_situation == "bad"
This gives the same result, but isn’t as efficient. In this example, every mention of “good”
and “bad” creates a new object stored separately in memory, whereas symbols are single reference values that are only initialized once. In the first code example, only :good and :bad exist, whereas in the second example, you end up with the full strings of "good", "good", and "bad" taking up memory.

Symbols also result in cleaner code in many situations. Often you’ll use symbols to give
method parameters a name. Having varying data as strings and fixed information as symbols
results in easier-to-read code.
You might want to consider symbols to be literal constants that have no value, but whose
name is the most important factor. If you assign the :good symbol to a variable, and compare that variable with :good in the future, you’ll get a match. This makes symbols useful in situations where you don’t necessarily want to store an actual value, but a concept or an option.

Symbols are particularly useful when creating hashes and you want to have a distinction
between keys and values. For example:
s = { :key => 'value' }
This technique can also be useful when there’s a specification or consistency in which key
names to use:
person1 = { :name => "Fred", :age => 20, :gender => :male }
person2 = { :name => "Laura", :age => 23, :gender => :female }
so use Symbols more rather than Strings.

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