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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?

#people #money #development
Nowadays,
people
 tend to enjoy spending
money
 rather than saving it for later use.
This
 essay will discuss factors contributing to
this
 trend and explain why I think
this
 is a positive thing.
To begin
 with, the popular use of credit cards and other personal loan programs make it easy for
people
 to spend more
money
 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
 for a few weeks or months in order to have enough
money
.
However
, now,
this
 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
 phenomenon is that
people
 have a high priority need to increase their living standards in a timely manner. To achieve
this
 goal, spending
money
 on a variety of tangible and non-tangible items is considered an efficient way. They will not be able to wait and save
money
 for a long time. In my opinion, the trend of spending
money
 rather than saving it is a positive development in modern
society
. From an economics perspective, household consumptions and investments would contribute to the aggregate demand of a whole
society
, which energize economic growth. When
people
 spending
money
, the sales of products and profits of the businesses will go up, encouraging more production and more employments in the business sectors.
This
 leads to stable incomes and jobs for more
people
 within these sectors, which in turn creates more household spendings.
As a result
, the economic growth of the whole
society
 will remain relatively stable. As discussed above, nowadays
people
 choose to spend
money
 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
 is a positive development for a
society
.
Submitted by liu_yuanyuan on

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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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