People have different opinions on how they should spend their money. While some people believe that we should spend our money to enjoy life, other argue that we should save it for the future. To what extent do you agree or disagree.

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Everyone has their own way of managing funds. Some persons opine that we should expend our funds to live in the moment whereas, others suppose that it should be reserved.
This
essay discusses both views followed by an opinion.
To begin
with, life has become unpredictable. Earlier individuals had a longer life expectancy but today it has fallen by a huge margin.
For example
, the covid-19 pandemic made us realize that our existence is uncertain. People have died in a short span of time.
Therefore
, it is better to fulfil our wishes with the limited period we have on
this
planet.
On the contrary
, making an investment regularly helps us in protecting our future and provide us with income as well.
Furthermore
, savings are necessary for emergencies.
For instance
, in the 2008 recession, a lot of peeps lost their jobs and business. They would have been able to strive through those difficult times if they had currency in-store. By saving, a human can buy things that are usually very expensive. To exemplify, when a common man wants to purchase gold
then
he has to save pennies for it. In my opinion, society should follow a balanced approach. They can luxuriate and be economical simultaneously. They should have a sensible plan and utilize the finance they have
accordingly
which results in living the life to fullest and being thrifty as well. To conclude, valuing money suitably is crucial. If folk is unable to manage it in a proper manner
then
he might desire pleasure neither in the present nor in the future.
Submitted by harsimrankaur2400 on

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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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