Many people prefer to spend money and not save it. What are the reasons? Is it positive or negative?
In recent years it's been observed that many
individuals
are taking the approach to spend
Change the verb form
spending
money
they earning rather than saving it. In this
,essay
I will be discussing the reasons for Add an article
an essay
the essay
this
phenomenon and why I believe it will have a detrimental effect on both society and individuals
.
To begin
with, the cardinal reason why many people
spend money
is to buy unnecessary things and this
is mainly due to advertisements that are everywhere we go. Moreover
, many spend money
just to feel good about themselves and improve their self-esteem by purchasing materialistic stuff, in other words
using money
as a therapy. Furthermore
, plenty of people
are
encouraged to compete with others in regard to the latest fashion trends and keep up with technology advancements. And ,Change the verb form
is
,
Change the punctuation
apply
finally
a lot of Add a comma
,finally
people
believe that life is too short to spent saving money
and we should enjoy every penny while we are still alive.
However
, we can not ignore the plenty of problems that are associated with overspending that will lead to negative outcomes for both individuals
and society. Firstly
, anybody could encounter an emergency situation such
as losing a job, so without having any savings these individuals
will become a burden on governments,moreover
, in order to have a comfortable lifestyle later on in life people
must have savings. Furthermore
, people
usually buy things that they do not need and maybe they will not use it
ever, Correct pronoun usage
them
therefore
, we might become a throw-away society that produces unnecessary waste.
In conclusion,saving cash is a smart move. People
should be encouraged to save money
in order to have a decent life or to be able to handle any emergency situations that could emerge in the future.Submitted by ph.amal.just on
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