Many people believe that they should spend their money to enjoy life at present. Others, however, think that they should save it for the future. Discuss both views and give your own opinion.

There is no doubt that money plays a crucial role in our lives. While some individuals believe that salaries should be spent in order to cherish lives, others think it should be kept for emergencies. In my opinion, saving is more significant than paying out on countless items for pleasure. Those who are extravagant spenders might say that spending gives them joy.
In other words
, they like to splash out on luxuries, limited-edition stuffs and expensive holidays.
Moreover
, they think that they have been given only one life;
thus
, they should
live
go away from a place
leave
it freely without worrying about the future.
For instance
, my uncle spend all his life making money, and in the end, he died without
relishing
earn on some commercial or business transaction; earn as salary or wages
realising
realizing
releasing
it.
On the other hand
, those who think that saving is essential argue that the future is unpredictable.
That is
to say if one does not put enough cash in the banks,
then
they might face difficult situations in the coming time and reduces dependency on others during sudden
mishappening
.
For example
, the standard treatment of cancer costs
upto
Suggestion
up to
10-20 lakh rupees in private hospitals and even more in advanced approaches.
Therefore
, an individual should have sufficient bank balance to face these conditions. In conclusion,
although
it is fair to spend money and enjoy life, savings help in securing the future.
However
, I believe that one should keep funds with them rather than paying out all for the enjoyments.
Submitted by ashi.rajput39 on

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Word Count

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Topic Vocabulary:
  • live in the moment
  • instant gratification
  • leisure activities
  • make memories
  • relieve stress
  • boost mental well-being
  • support local economy
  • wealth accumulation
  • financial stability
  • emergency funds
  • retirement savings
  • major life events
  • weigh the pros and cons
  • strike a balance
  • long-term perspective
  • financial preparedness
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