Some people today feel that physical money will no longer be used in the future. Others feel it will still have some uses. Discuss both sides and give your own opinion.

#people #money #future

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Nowadays , it is true to say that many

people

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prefer to use digital payment rather than bank notes. Some

people

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believe that physical money will be replaced by electronic wallets in the near future ,

however

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, others feel that it would remain in some cases. In

this

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essay , I will discuss both views and

then

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finally

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I will present my own concern. On the one hand ,some opponents claim that digital currencies are more useful for communities than physical ones. Obviously , most giant companies like Facebook and Google accept only electronic payment when

people

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require to purchase their services .

For example

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, many small businesses can

also

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start their businesses without worrying about complex payment processes and security breaches because modern digital wallet services apply the latest technologies.

Consequently

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, governments can

also

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manage the taxation of each individual's income and

also

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reduce corruption levels.

On the other hand

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, some proponents believe that cash

also

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still require in our society . Undoubtedly,

people

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cannot use digital payments everywhere ,especially in rural areas.

Although

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online payments are widely accepted , a large number of

Add an article

the community

show examples

community

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communities

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from the countryside are likely to use paper ones.

As a result

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, small cash exchange services are one of the growing businesses in rural areas and that can

also

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improve the economy of

this

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particular region. To conclude , using cash or digital money has its own advantages .

However

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, in my humble opinion,we cannot avoid digital transformation and cashless environments in the coming few years. I believe physical money will be replaced by a cashless system very soon.

Submitted by waiphyothu007 on Sun Dec 04 2022

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10
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meeting the goal of 7 or more
1
Word repetition
meeting the goal of 3 or fewer
2
Grammar mistakes
detected issues

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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: 7.0

Varied vocabulary

Accurate spelling & word formation

Grammatical Range: 7.0

Mix of complex & simple sentences

Clear and correct grammar

Task Achievement: 9.0

Complete response

Clear & comprehensive ideas

Relevant & specific examples

Appropriate word count

4 paragraphs

269 words

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Topic Vocabulary:

financial security
safety net
unforeseen circumstances
emergencies
future investments
retirement planning
financial discipline
habit of saving
amassing wealth
substantial fund
opportunity cost
additional income
inflation
purchasing power

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