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.

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There is always a debate when it comes to saving
money
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. Some are of the opinion
money
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has to be saved for the later life
however
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others argue that the
money
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needs to be spent immediately to be happy at
this
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moment.
This
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essay will discuss both views and consider that
money
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needs to be saved but not at the cost of the present. With the economy
blooming
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booming
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,
standard
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the standard
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of living of most individuals
have
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has
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improved due to better salaries and accessibility to luxury.
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Moreover
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,Moreover
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there are enough places to spend
money
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to feel satisfied in life. Just by shopping,
lot
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a lot
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of
feel good
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feel-good
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hormones like dopamine and serotonin are secreted in the brain which gives us
the
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apply
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pleasure.
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Secondly
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,Secondly
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the needs are immediately attended to .
Thus
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spending
money
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immediately can attend
all
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to all
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our present needs. At the same time, not saving
money
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has its own demerits as there is no financial security at the later date. Introspecting the current scenario, as most individuals have lost their source of income due to the pandemic and saving
money
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would have helped them to tide over
this
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crisis.
Also
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for the future of the children, saving for the kids education as well as for buying assets for oneself to lead a better life
money
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saving is necessary. In the end, it is mandatory to save for the future to cover our needs.
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Furthermore
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,Furthermore
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it will give us a sense of security and we will
be enjoy
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enjoy
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our present better than not having savings.
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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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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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