Some people think that they should spend money they earn now enjoying life, while others think that the money should be put into savings for future. Discuss both views and give your opinion.

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Money
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has been regarded as the yardstick for satisfying materialistic needs.
Similarly
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, basic needs of every individual could be satisfied only if lucrative are saved for future.Some critics believe that
money
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must be utilized for entertaining and living the present
life
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in a better way.
This
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essay agrees to vertically opposite view.
However
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,
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,
it will enlighten both aspects in detail. Some critics
,
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,
opine that pecuniary proceeds should be utilized so as to lead a contended
life
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momentarily.Apart from that
,
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,
they uphold the view that
,
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,
as the future is shrouded and cannot be predicted, lucrative should be squandered for a gratified
life
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.
Likewise
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,
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,
latest electronic gadgets and technologies should be made use of so as to enjoy
life
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.
Moreover
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,
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,
they believe that
money
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is a prerequisite to acquire
modern lifestyle
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a modern lifestyle
and to obtain high status in a society and retaining it for futuristic use is insignificant.According to a recent article published in a
newsdaily
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news daily
,
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,
Western countries do not save
money
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for posterity as they regard that
,
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,
Life
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is short and no
one
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can carry their savings with them to the other world. It is
therefore
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pointless to save all the
money
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one
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earns without enjoying the little pleasures of the world.
On the contrary
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, Some people equate saving
money
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for increased security so as to ensure a financial buffer.Notwithstanding
,
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,
that emergency fund can pervert
one
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from going into debt.
Similarly
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, every
one
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face some or the other contingency in
life
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,
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,
it is better to spend
money
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wisely and save some for the rainy day. According to a great scholar a penny saved is a penny earned.
For instance
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, savings can be a great cushion of comfort at the time of sudden loss of income.The problem can be compounded by sudden illness or car accident.According to a research conducted in an underdeveloped country, the basic needs could be accomplished only with the prudential, allocation of
money
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even for the future.
Thus
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to recapitulate, as advantage outweigh disadvantages it is better to apportion some amount even for the futuristic needs.
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Include an introduction and conclusion

A conclusion is essential for IELTS writing task 2. It is more important than most people realise. You will be penalised for missing a conclusion in your IELTS essay.

The easiest paragraph to write in an essay is the conclusion paragraph. This is because the paragraph mostly contains information that has already been presented in the essay – it is just the repetition of some information written in the introduction paragraph and supporting paragraphs.

The conclusion paragraph only has 3 sentences:

  • Summary
  • Restatement of thesis
  • Prediction or recommendation

Example:

To summarize, a robotic teacher does not have the necessary disciple to properly give instructions to students and actually works to retard the ability of a student to comprehend new lessons. Therefore, it is clear that the idea of running a classroom completely by a machine cannot be supported. After thorough analysis on this subject, it is predicted that the adverse effects of the debate over technology-driven teaching will always be greater than the positive effects, and because of this, classroom teachers will never be substituted for technology.

Start your conclusion with a linking phrase. Here are some examples:

  • In conclusion
  • To conclude
  • To summarize
  • Finally
  • In a nutshell
  • In general

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Topic Vocabulary:
  • financial management
  • immediate gratification
  • experiences
  • memories
  • work-life balance
  • financial security
  • stability
  • unexpected emergencies
  • long-term goals
  • aspirations
  • personal preference
  • priorities
  • balanced financial plan
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