Many people prefer to spend all the money they earn and not save any thing. What are the reasons for this? Is this a positive or negative development? Give reasons for your answer and include any relevant examples from your own knowledge or experience.
Nowadays, many
people
love to spend all of their income instead
of saving. There are many reasons behind this
change. In this
essay, I will examine both perspectives and argue that this
is a negative development.
The current generation believes in living the life to full extent. Over the years, the way of living has been
changed, and most Unnecessary verb
apply
people
like to spend all their money to make their lifestyle better in any way possible. For instance
, people
spend fortunes on expensive cars and big houses. Additionally
, they buy branded clothes or expensive phones. This
makes them happy as they feel satisfaction by doing it.
Moreover
, due to
exposure to social apps, people
like to show off their way of life to society. To illustrate, many people
buy expensive phones or take extravagant holidays to experience exotic foods and locations for the sake of acknowledgement on social media in spite of low salaries. They don't understand the idea of influence. As a result
, they live on credit cards or take loans and go into debt which leads to stress and cause
many health and relationship problems. Correct subject-verb agreement
causes
However
, this
behaviour can be detrimental in the long run. People
who do not save money may struggle with unexpected expenses or emergencies.
To conclude
, I would argue that people
should spend all the money they earn. I believe that the main reason behind this
negative development is the acceptance people
seek on
the virtual world of the internet. Change preposition
in
By contrast
, everyone should be financially smart and try to save some amount of their income and stay debt-free.Submitted by kuldeepakdhir on
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