It is better to save money than to spend it.How far do you agree with this statement.Is saving more important than spending in today's world

Saving
money
is vital for an individual and for a nation, while a number of people argue that reserving
money
is more beneficial than spending it. In my opinion,
i
Change the capitalization
I
show examples
agree with
this
notion as there are reasons why, including, assisting in emergency situations,
Correct word choice
and
show examples
building
wealth
.
To begin
, having
money
set aside for unexpected events helps an individual to overcome
in
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apply
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a testing situation. Savings aid
navigate
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navigates
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tricky situations and
such
person
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a person
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may not be stressed while solving the problems. Preserving a part of income provides financial security in times of need, which prevents taking out
high- interest
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high-interest
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loans from financial bodies.
For instance
, in times of financial crisis, the
money
saved could go
along
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a long
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way
in settling family needs,
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children's
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childrens
Correct your spelling
children's
children
education, house rents without much worry or getting
in
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into
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debts
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debt
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. Keeping
money
safes in
uncertained
Correct your spelling
uncertain
circumstances that could have
messe
Correct your spelling
messed
up a victim.
Furthermore
, with savings,
wealth
can be acquired. In building a robust
networth
Correct your spelling
network
, a lot of investments are required, which is a great
way
to have
long- term
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long-term
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riches. If only spending without some reservations, people may not be
financial
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financially
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stable
,
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apply
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and could go bankrupt someday. Investing in different aspects of the economy,
for example
, real estate, stock markets,
Correct word choice
and
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health, is a
way
to save, which
have
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has
show examples
benefits in time to come. While outlaying
money
in
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on
show examples
different wants and needs, it is encouraged to save a part,
this
is a manifold
way
to build
wealth
. In conclusion, I believe in saving
money
,
along term
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along-term
show examples
wealth
is built and assists in emergency situations. 280 words
Submitted by agozie2018 on

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  • take, for example

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