It is better to save money than to spend it.How far do you agree with this statement.

Owing to the instability of the economy,it is often argued that it is

good

Correct word choice

better

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to keep cash than to squander it.In my opinion,I

agreed

Wrong verb form

agree

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that it is essential to save finance because of the security of the forthcoming economic development.

To begin

with,there are various rationales why people should reserve some capital because it helps to secure the future:Simply put,when people start to have the mindset of saving money

then

you will see that nobody will be scared of the future or unforeseen circumstances. An emergency can occur at any given point in time and if you are not ready in terms of cash at hand,it tends to worsen the situation.

For example

,in a case of a patient suffering from a terminal illness

such

as cancer

that is

deadly and

as well as

curable.If there is no saving capital,the individual might

tends

Change the verb form

tend

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to die. In another example,Researchers have reviewed that

90%of

Correct your spelling

90% of

rich men currently living in Australia still maintained their wealthy stand because of the plant

there

Correct your spelling

they

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cultivated years back in their lives.

Overall

,it is advisable for entities to reserve some funds for rainy days.

However

, another striking reason why it is necessary to invest capital is that it helps in economic development.

Furthermore

,Banks tend to use savings from individuals in terms of loans to the government which they will use to develop the nation.

In addition

,it helps to eradicate poverty in a country.Simply put,when a large number of people lay aside their

finance

Fix the agreement mistake

finances

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for the future,poverty tends to be on the minimum side and

then

individuals will use their income to foot their bills.To

illustrates

Correct subject-verb agreement

illustrate

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, Researchers reviewed that Canada was made the best and richest country worldwide

due to

the fact that they used their invested money to develop their city.

Hence

,it is beneficial to lay aside money because of the improvement in the economic status and

also

helps in minimizing the level of destitution. In conclusion,I reaffirm that investment funds are essential because of the elimination of beggary in a city and equally help to save the next generation.The government should educate the masses on the importance of saving finance.