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.

#people #money #development

Nowadays, many

people

love to spend all of their income

instead

of saving some of it. In

this

essay, I will examine the main reasons for

this

situation and argue that

this

is a negative development. The current generation believes in living life to the fullest. Over the years, the way of living has changed, and most

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

people

like to show off their way of life to society through social apps. To illustrate, many

people

buy expensive phones or take extravagant holidays to experience exotic foods and locations for seeking validation 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 get into debt which leads to stress and many health and relationship problems.

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

, there is no denying that

people

nowadays spend all the money they earn. I believe that the main reasons behind

this

negative development are the desire to lead a luxurious lifestyle and the acceptance

people

seek in the virtual world of the internet.

By contrast

, everyone should be financially smart and try to save some amount of their income and stay debt-free.

Submitted by kuldeepakdhir on Sun May 07 2023

Unauthorized use and/or duplication of this material without express and written permission from this site’s author and/or owner is strictly prohibited. Excerpts and links may be used, provided that full and clear credit is given to Writing9 with appropriate and specific direction to the original content.

Fully explain your ideas

To get an excellent score in the IELTS Task 2 writing section, one of the easiest and most effective tips is structuring your writing in the most solid format. A great argument essay structure may be divided to four paragraphs, in which comprises of four sentences (excluding the conclusion paragraph, which comprises of three sentences).

For we to consider an essay structure a great one, it should be looking like this:

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

Our recommended essay structure above comprises of fifteen (15) sentences, which will make your essay approximately 250 to 275 words.

Discover more tips in The Ultimate Guide to Get a Target Band Score of 7+ »— a book that's free for 🚀 Premium users.

Essentional vocabulary list for IELTS Writing 7+

Learn how to write high-scoring essays with powerful words.
Download Free PDF and start improving you writing skills today!

Do you want to check your IELTS essays?

Submit unlimited essays, letters and charts. Sign up right now and start improving your writing skills.

9Linking words
meeting the goal of 7 or more
1Word repetition
meeting the goal of 3 or fewer
0Grammar mistakes
 

5 paragraphs

265 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: 6.0

Varied vocabulary

Accurate spelling & word formation

Grammatical Range: 6.0

Mix of complex & simple sentences

Clear and correct grammar

Task Achievement: 6.0

Complete response

6.5

Clear & comprehensive ideas

Relevant & specific examples

Appropriate word count

🚀 Prepare for IELTS writing section today!

Unlimited Task 1 & Task 2 checks
Practice with essays, charts, and letters.
Personalized suggestions & mistake analysis
Spot every mistake and boost your score.
Topic ideas & vocabulary helpers
Expand your ideas and use the right words.
Progress tracking
Watch your writing improve with every practice.

What to do next:

Look at other essays:

4
band
People from cities go to university more often than those who live in the country. Some people think that the government should make it easier to enter universities for people who live outside of cities and towns by setting lower entry requirements and tuition fees.
The education is essential in the life for individual. Some argue say that, the developed countries have greater opportunity to go university rather than who live in countryside. Although financial demand, the most organisation interesting to provide education also for outside countries.
5
band
The world has many towns and cities constructed in previous centuries that were more suitable and liveable for people in those times than they are now. What problems will this cause? What can be done to solve these problems?
Despite the modern era and the tendency to state-of-art cities, there are some traditional regions which vary from new ones. This varieties could cause numerous challenges for contemporary citizens and infrastructures. This essay will assess the problems of them and propose some solutions to tackle problems.
7
band
Car ownership has increased so rapidly over the past thirty years that in many cities around the world there are constant traffic jams. How true do you think this statement is? What measures can governments take to discourage people from owning cars?
Car ownership has surged dramatically over the past thirty years, leading to constant traffic jams in cities worldwide. This trend has significant implications for urban environments, economies, and the well-being of citizens.
6.5
band
In recent years, many small local shops have closed because customers prefer going to large shopping centers or malls to do their shopping. Is this a positive or negative development?
Recently, a large number of small local shops have closed due to most shoppers prefer going to big shopping centres or malls to do their shopping. In my view, this should be perceived as a negative trend for two main reasons.
5.5
band
Nowadays tourism has great impact on society. Do you agree or disagree.
This graph illustrates the expense of book purchases in million dollars in four different European countries from 1995 till 2005.Overall, there has been an increase in money spent on books in all these countries and Germany remained the leading country for buying books throughout this period.

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.

Fully explain your ideas

Essentional vocabulary list for IELTS Writing 7+

People from cities go to university more often than those who live in the country. Some people think that the government should make it easier to enter universities for people who live outside of cities and towns by setting lower entry requirements and tuition fees.

The world has many towns and cities constructed in previous centuries that were more suitable and liveable for people in those times than they are now. What problems will this cause? What can be done to solve these problems?

Car ownership has increased so rapidly over the past thirty years that in many cities around the world there are constant traffic jams. How true do you think this statement is? What measures can governments take to discourage people from owning cars?

In recent years, many small local shops have closed because customers prefer going to large shopping centers or malls to do their shopping. Is this a positive or negative development?

Nowadays tourism has great impact on society. Do you agree or disagree.