Some people think that it is better for a country's economy for people to spend money while others believe that it would be better for people to save money. Discuss both sides and give your opinion.

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Money is an important factor in the livelihood of a person. People earn money with their constant efforts. They need to save their wealth to achieve their future goals.
Also
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the amount they spend in fulfilling their desires, help the nation to grow its
economy
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.
However
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, there are mixed views on whether a person should spend more to help the
country
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's
economy
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or save more.
This
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essay will be putting light on both of the scenarios. The nation's
economy
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is driven by demand and supply model. The more will be the demand, the more will be the supply,
hence
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more economic growth for the
country
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. How
country
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's
economy
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will be affected with more demand? Well, let's take an example of wooden bed, which is the basic necessity for every human being. The more will be the requirement, the more labourers will be put into building the beds,
further
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helping the
country
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in eradicating unemployment,
hence
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improving overall economic growth. People do a lot of hard work to earn their livelihood.
Therefore
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, they tend to save more than spending.
However
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, it is fine not to spend too much on luxury items.
For example
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, if public transport is available to go from one place to another,
then
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people generally don't spend money on buying their own vehicle and save it for other important purposes. In my opinion, I think people should spend wisely. They should spend well enough on necessary items.
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, people should save for any unforeseen circumstances, that may come in future.

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Fully explain your ideas

To get an excellent score in the IELTS Task 2 writing section, one of the easiest and most effective tips is structuring your writing in the most solid format. A great argument essay structure may be divided to four paragraphs, in which comprises of four sentences (excluding the conclusion paragraph, which comprises of three sentences).

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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Topic Vocabulary:
  • Disposable income
  • Consumer expenditure
  • Economic growth
  • Financial security
  • Standard of living
  • Economic downturn
  • Savings rate
  • Investment
  • Infrastructure
  • Innovation
  • Market demand
  • Economic stability
  • Interest rates
  • Macroeconomics
  • Sustainable growth
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