Many people prefer to spend money and not save it. What are the reasons is it possitive or negative development

#people #money #possitive #development

Nowadays,

people

are becoming spendthrifts. They do not care for their future and spend

money

on expensive things. I think it is a negative development.

This

essay will discuss its reason in the forthcoming paragraphs.

To begin

with,

people

spend so much

money

on luxurious items and branded things.

First

and the foremost reason is they copy their idol.

For instance

, one of my friends is a fan of parish Verma a Punjabi actor and He almost wears branded clothes. Gucci is his favourite

brand

which is the most expensive

brand

. My friend follow him and bought some items from the Gucci

brand

just because his favourite actor wears

this

brand

and now he is a borrower of the bank.

Moreover

, whenever

people

get free time and a couple of holidays from work they make a plan to go somewhere else to enjoy.

Then

they spend a large amount of

money

there to relax . So, in the end, there is nothing to save. Earlier, a decade ago,

people

built their own homes within 6-7 years. But now they take 20-25 years to build their own home. They are unable to pay the amount to buy a home. To conclude, in my opinion,

people

spend more

money

than they earn. So

this

made them in a debt. They spend

money

on unnecessary things.

Submitted by Rajwinder Kaur on Tue Jul 05 2022

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Fully explain your ideas

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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

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6Linking words
meeting the goal of 7 or more
3Word repetition
meeting the goal of 3 or fewer
0Grammar mistakes
 

4 paragraphs

223 words

0123456789.0505

Overall Band Score

Coherence and Cohesion: 6.0

Logical structure

Introduction & conclusion present

Supported main points

Accurate linking words

Variety in linking words

Lexical resource: 8.0

Varied vocabulary

Accurate spelling & word formation

Grammatical Range: 6.0

Mix of complex & simple sentences

Clear and correct grammar

Task Achievement: 5.0

Complete response

6.5

Clear & comprehensive ideas

Relevant & specific examples

Appropriate word count

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Topic Vocabulary:

instant gratification
consumer culture
financial literacy
economic optimism
financial instability
indebtedness
stimulating economic growth
personal satisfaction
innovation
job creation
investment
wealth accumulation
advertising
social media
luxury lifestyles
financial planning
future security
emergencies

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Many people prefer to spend money and not save it. What are the reasons is it possitive or negative development

Fully explain your ideas

Essentional vocabulary list for IELTS Writing 7+

Public health is becoming an urgent issue nowadays. Some argue that governments should create nutrition and food choice laws to improve public health, while others believe that it is a matter of personal choice and responsibility. Discuss both views and give your opinion.

You have arranged a meeting with a business partner. Unfortunately, you have to change the arrangement. Write a letter to your business partner. In your letter, apologize for the changes explain the reason why the changes were needed explain the new arrangement

Taking risks, both professionally and personally, is considered by some to be an essential part of life. Others, however, feel that the potential drawbacks of risk-taking outweigh the benefits. Discuss the advantages and disadvantages of taking risks in both professional and personal contexts.

In the future, nobody will buy printed newspapaers or books because they will be to read everything they want online without paying. to what do you extent agree or disagree with this statment ?

Some people think governments should spend as much money as possible exploring outer space. Others argue they should spend the money for poor people. Discuss both views and give your own opinion.