Many people prefer to spend money and not save it. What are the reasons? Is this a positive or negative development?

#people #money #development

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Nowadays,

people

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tend to enjoy spending

money

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rather than saving it for later use.

This

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essay will discuss factors contributing to

this

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trend and explain why I think

this

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is a positive thing.

To begin

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with, the popular use of credit cards and other personal loan programs make it easy for

people

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to spend more

money

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to buy their dream products before they actually have the ability to afford them. In old days, if a family wish to buy an expensive home appliance, they have to save

money

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for a few weeks or months in order to have enough

money

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However

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, now,

this

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family could easily purchase the product via the after pay program without waiting to have enough savings, which only require them to pay a number of instalments in the following days. Another primary reason for

this

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phenomenon is that

people

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have a high priority need to increase their living standards in a timely manner. To achieve

this

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goal, spending

money

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on a variety of tangible and non-tangible items is considered an efficient way. They will not be able to wait and save

money

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for a long time. In my opinion, the trend of spending

money

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rather than saving it is a positive development in modern

society

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. From an economics perspective, household consumptions and investments would contribute to the aggregate demand of a whole

society

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, which energize economic growth. When

people

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spending

money

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, the sales of products and profits of the businesses will go up, encouraging more production and more employments in the business sectors.

This

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leads to stable incomes and jobs for more

people

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within these sectors, which in turn creates more household spendings.

As a result

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, the economic growth of the whole

society

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will remain relatively stable. As discussed above, nowadays

people

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choose to spend

money

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because of the easy accessibility to credit cards programs, and their increasing needs to improve living standards in a timely manner. And I believe

this

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is a positive development for a

society

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Submitted by liu_yuanyuan on Sat Sep 04 2021

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Fully explain your ideas

To get an excellent score in the IELTS Task 2 writing section, one of the easiest and most effective tips is structuring your writing in the most solid format. A great argument essay structure may be divided to four paragraphs, in which comprises of four sentences (excluding the conclusion paragraph, which comprises of three sentences).

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.

Discover more tips in The Ultimate Guide to Get a Target Band Score of 7+ »— a book that's free for 🚀 Premium users.

4
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: 4.0

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: 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

4 paragraphs

332 words

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Many people prefer to spend money and not save it. What are the reasons? Is this a positive or negative development?

Fully explain your ideas

There is more and more outrage and anger common in society today. Why is this? Is this a positive or a negative development?

The process illustrated in the pictures shows the steps of leather production, starting from the raw material, animal skin, to the final product, such as shoes and bags.

The picture displays the data about the future design of a new village.

Some people say that it is better to work for a large company than a small one. Do you agree or disagree?