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.

#people #country’s #economy #money

With the rise in economic growth, pursuing a high-quality lifestyle has become more important. Several people claim that spending cash is beneficial to economic development;

however

, others believe that saving

funds

is good for us. Both aspects have their perspective, and the upcoming essay will discuss both views before my final verdict.

First

of all, high-value consumption can contribute to the GNP of the city we live in. Spending salary on luxury goods, five-star services as well as decent cars counts on the total of the gross national product which resulted in a significant increase in the economic standard.

Furthermore

, the increasing demand for products and services which creates numerous job opportunities has led to the low unemployment rate.

Therefore

, the rise in consumption activities has led to our economy become more prosperous.

On the other hand

, some people argue that there are countless benefits for making a habit of saving a portion of salary.

First

, Extra money helps in emergencies. Accidents are always unexpected. Without extra

funds

, we will bear the financial burden.

Second

, Saving is well prepared for retirement. If we need to retire earlier than planned, we can afford the budget for daily necessaries.

Third

, financial backup

funds

can increase the feeling of security and peace. A study found that couples who have a stable joint account help to build up a strong relationship between them. In my opinion, I prefer to save

funds

rather than spend income. I tend to have more self-control, act more wisely and think more future. In conclusion, no matter people have different views on saving wealth or spending cash, both of them

also

have their habit of money management which makes full of joy and happiness. In my mind, I choose to accumulate wealth over live from paycheck to paycheck because a fixed saving is a good way to set up my life goals.

Submitted by joshua03cheryl on Fri Jul 23 2021

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Fully explain your ideas

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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

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8Linking words
meeting the goal of 7 or more
1Word repetition
meeting the goal of 3 or fewer
0Grammar mistakes
 

4 paragraphs

313 words

0123456789.0505

Overall Band Score

Coherence and Cohesion: 4.0

Logical structure

Introduction & conclusion present

Supported main points

Accurate linking words

Variety in linking words

Lexical resource: 8.0

Varied vocabulary

Accurate spelling & word formation

Grammatical Range: 9.0

Mix of complex & simple sentences

Clear and correct grammar

Task Achievement: 4.0

Complete response

Clear & comprehensive ideas

Relevant & specific examples

Appropriate word count

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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.

Fully explain your ideas

Ultimate Speaking practice for IELTS

universites should accept equal number of male and female in every subject ? at what extent do you agree or disagree?

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.

In many countries, there is an increasing trend in using mobile phone apps for payment purpose instead of old way of cash handling. What is your opinion. Explain with examples.

Some people think that parents should teach their children how to be good members of society. Others, however, believe that school is the best place to learn this. Discuss both views and give your own opinion.

In some countries, young people are encouraged to work or travel for a year between finishing high school and starting university studies. Discuss the advantages and disadvantages for young people who decide to do this.

Essentional vocabulary list for IELTS Writing 7+