Many people these days borrow money from financial institutions like banks to start a business or buy a house. Others, believe that this is a bad practice and people should spend that they have. Which do you believe and why? Use examples from your own experiences.

Monetary organizations lend billions of dollars each year around the globe. The majority of individuals think that it is acceptable to take a

loan

Use synonyms

from the

bank

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to build a new business or purchase a house.

However

Linking Words

, others consider that it is an inferior convention and people ought to only use

money

Use synonyms

from their savings. In my opinion, I argue that borrowing

money

Use synonyms

from financial institutions

such

Linking Words

as banks is better, as it is both a faster way to get funds and profits from investments. Individuals expedite the process of getting

money

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from banks to commence a new company or to construct a new house.

In other words

Linking Words

, people who do not have enough savings can borrow

money

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from banks quickly by showing all the valid identification proofs and concur on returning it at a certain interest rate within a specific time.

For example

Linking Words

, due to limited savings in my mid-twenties, I took a

loan

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of 250k dollars, which got approved within a week, from HDFC

bank

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at seven percent interest rate for ten years to build my grocery store and now I am the proud owner of it due to

this

Linking Words

loan

Use synonyms

. Because of the faster processing of a

loan

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, people consider

this

Linking Words

method over savings for these massive purchases. Taking a

loan

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from a

bank

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could

also

Linking Words

assist people in earning profits through investments.

Also

Linking Words

, individuals can invest the borrowed

money

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to start their new ventures

such

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as a start-up software company or a new supermarket store to obtain profits in the long run.

Moreover

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, the profitable income from these investments can

also

Linking Words

encourage people to take another

loan

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in order to extend their business to other cities.

For example

Linking Words

, I started my grocery store by the name of ‘24X7’ in 2015 and now after ten years, it has 15 branches across all the metropolitan cities in north India which was possible because of the profits I earned through it and two other loans from the

bank

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which I took.

Consequently

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, investment is another enormous benefit than savings that people could get through loans. In conclusion, due to the faster access to loans from banks and their long-run benefits in terms of investments and profits, I believe that borrowing

money

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from the monetary organization is extremely beneficial when people do not have enough savings.

Jan 7, 2020

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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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8
Linking words
meeting the goal of 7 or more
3
Word repetition
meeting the goal of 3 or fewer
0
Grammar mistakes
detected issues

0123456789.0505

Overall Band Score

Coherence and Cohesion: 6.0

Logical structure

Introduction & conclusion present

Supported main points

Accurate linking words

Variety in linking words

Lexical resource: 7.0

Varied vocabulary

Accurate spelling & word formation

Grammatical Range: 6.0

Mix of complex & simple sentences

Clear and correct grammar

Task Achievement: 5.0

Complete response

Clear & comprehensive ideas

Relevant & specific examples

Appropriate word count

4 paragraphs

386 words

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Many people these days borrow money from financial institutions like banks to start a business or buy a house. Others, believe that this is a bad practice and people should spend that they have. Which do you believe and why? Use examples from your own experiences.

Include an introduction and conclusion

Some people say that the best way to improve public health is by increasing the number of sports facilities. Others, however, say that this would have little effect on public health and that other measures are required. Discuss both these views and give your own opinion.

Your neighbours have recently written to you to complain about the noise from your houseflat •Explain the reasons for the noise •Apologise •Describe what action you would take

A noticeable lack of students opting for science subjects at universities is observed in various countries. What are the reasons and what are the effects on society?

Some people think that enjoying the present is more important than planning for the future. To what extent do you agree or disagree?