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.

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Nowadays, many

people

Use synonyms

love to spend all of their income

instead

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of saving some of it. In

this

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essay, I will examine the main reasons for

this

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situation and argue that

this

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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

Use synonyms

like to spend all their money to make their lifestyle better in any way possible.

For instance

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people

Use synonyms

spend fortunes on expensive cars and big houses.

Additionally

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, they buy branded clothes or expensive phones.

This

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makes them happy as they feel satisfaction by doing it.

Moreover

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people

Use synonyms

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

people

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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

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, they live on credit cards or take loans and get into debt which leads to stress and many health and relationship problems.

However

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this

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behaviour can be detrimental in the long run.

People

Use synonyms

who do not save money may struggle with unexpected expenses or emergencies.

To conclude

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, there is no denying that

people

Use synonyms

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

this

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

people

Use synonyms

seek in the virtual world of the internet.

By contrast

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, 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

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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.

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

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

5 paragraphs

265 words

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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

Some people prefer to spend their lives doing the same things and avoiding change. Others, however, think that change is always a good thing. Discuss both these views and give your own opinion.

Some believe that it is parents who should teach their children to recycle waste while others feel schools are more responsible. Discuss both views and give your own opinion

Nowadays, most people try to balance between work and other part of lives. Unfortunately, not many achieve this balance. What problems does this cause? Can you suggest some solutions to this issue?

Some people believe that professionals, such as doctors and engineers, should be required to work in the country where they did their training. Others believe they should be free to work in another country if they wish.