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Band 6.5

Many people prefer to spend money and to not save it. What are the reasons ? Is this a positive or negative development?

#people #money #development
Some individuals favour to use up their cash rather than save it.
Firstly
,
this
 essay will discuss the different causes of
this
 practice and
secondly
, it will discuss how
this
 is a negative development for people need to allow some
money
 for
future
 use. On the one hand, there are many motives why people choose to spend all of their
money
. Spending can give a boost to your confidence because you know that you are capable of buying the things that you want with your own
money
. Others consider it as a way of relieving their stress as buying can give an immeasurable pleasure, plus some people would prefer to have a spontaneous life and
that is
 why they don’t think about the
future
.
For instance
, a survey by the University of the Philippines in 2011 revealed that 90% of their correspondents would choose to spend all of their
money
 rather than saving some of it for they believe that they only live once.
On the other hand
, not saving your
money
 has detrimental effects. People should learn how to save their
money
 because we can't predict the
future
. Saving
money
 can help you become financially secure and provide a safety net in case of an emergency. You will need
money
 set aside for these emergencies to avoid going into debt to pay for your necessities.
For example
, an article by the Business Mirror in 2014 stated that not having enough
money
 to pay for a medical emergency might force someone into taking out a loan, that savings might have
otherwise
 covered. In conclusion, in my view people should prepare for the
future
. Saving some of your earnings can be beneficial for it can provide you a safety net in case of an emergency.

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For we to consider an essay structure a great one, it should be looking like this:

  • Paragraph 1 - Introduction
    • Sentence 1 - Background statement
    • Sentence 2 - Detailed background statement
    • Sentence 3 - Thesis
    • Sentence 4 - Outline sentence
  • Paragraph 2 - First supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 3 - Second supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 4 - Conclusion
    • Sentence 1 - Summary
    • Sentence 2 - Restatement of thesis
    • Sentence 3 - Prediction or recommendation

Our recommended essay structure above comprises of fifteen (15) sentences, which will make your essay approximately 250 to 275 words.

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