Some people think that it is best to save money, for example in a bank or savings scheme. Other people feel that money should be spent whenever it is available. Discuss these views and reach an opinion on this debate.

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The question of whether to save or spend
money
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is very topical today, as so many
people
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are struggling with financial worries. There are valid arguments on both sides which
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will discuss now. On the
one
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hand, it is often said that spending
money
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is
one
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way to relax and enjoy life.
For instance
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by shopping or taking holidays, and there is certainly some truth in
this
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.
In addition
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, we usually have no choice but to spend quite a large proportion of our available salary on
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a day
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to day expenses
such
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as food, housing and transport, and so there is surprisingly little remaining to save anyway.
Finally
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spending
money
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on products and services boosts the economy and creates employment and in
this
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sense is a worthwhile action.
On the other hand
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, other
people
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point out the dangers of reckless spending,
for example
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on frivolous or unnecessary items which is often encouraged by advertising. Young
people
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in particular
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are vulnerable to being influenced like
this
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.
Furthermore
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, advocates of saving often point out that without a reserve of funds for emergencies, unemployment or illness,
people
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are putting themselves at risk of hardship or even bankruptcy.
This
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is especially true in the current economic situation.
Lastly
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, on
this
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side of the debate,
people
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emphasize the need to accumulate wealth during
one
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's lifetime, so that
one
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's children can inherit
money
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or property, which will increase their security and standard of living. In my opinion, I tend to agree that it is wiser to save
money
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wherever possible, for reasons which benefit both individuals today and future generations.

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Include an introduction and conclusion

A conclusion is essential for IELTS writing task 2. It is more important than most people realise. You will be penalised for missing a conclusion in your IELTS essay.

The easiest paragraph to write in an essay is the conclusion paragraph. This is because the paragraph mostly contains information that has already been presented in the essay – it is just the repetition of some information written in the introduction paragraph and supporting paragraphs.

The conclusion paragraph only has 3 sentences:

  • Summary
  • Restatement of thesis
  • Prediction or recommendation

Example:

To summarize, a robotic teacher does not have the necessary disciple to properly give instructions to students and actually works to retard the ability of a student to comprehend new lessons. Therefore, it is clear that the idea of running a classroom completely by a machine cannot be supported. After thorough analysis on this subject, it is predicted that the adverse effects of the debate over technology-driven teaching will always be greater than the positive effects, and because of this, classroom teachers will never be substituted for technology.

Start your conclusion with a linking phrase. Here are some examples:

  • In conclusion
  • To conclude
  • To summarize
  • Finally
  • In a nutshell
  • In general

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Topic Vocabulary:
  • financial security
  • unforeseen circumstances
  • accumulate
  • stimulate demand
  • economic growth
  • quality of life
  • financial balance
  • budgeting
  • expenditures
  • personal goals
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