Many people believe that they should spend money to enjoy life at present.others however, think they should save it for the future. Discuss both views and give your opinion

#people #money #life #future

Money

is an essential part of

life

. The important question about earned

money

is how someone spends those. Some people urge that we should spend our earnings enjoying

life

, and others believe saving is more important than enjoying the present. In

this

,essay I shall discuss the merit and demerits of both these views

along with

my opinion.

To begin

with, spending

money

on current entertainment gives us enormous joy and mental health. But, in the long ,term it is not a good idea, considering the reason

such

as unexpected expenses

due to

emergencies and secured retirement

life

For instance

, Those who are enjoyed presently end up with a

money

shortage, if any medical emergency arises in the family. In another description, they mostly end up with no savings after retirement leading to a poor and struggling

life

in their old age.

Secondly

, saving

money

for the future gives versatile advantages in the long term point of view in terms of children's health and education, a healthy and happy retirement

life

and independence in old age.

For example

, small savings every day or a month lead to an accumulation of

money

, which can be spent in different saving forums including the share market,

this

multiplies the amount and at a later stage it could be useful for various purposes.

However

, the person misses their enjoyment and increases the stress during these periods. In my opinion-Based on the advantages and disadvantages pointed out by both of the views- it is of utmost importance to maintain the balance between savings and current entertainment. In conclusion, one should not only enjoy every bit of their present

life

but

also

proceed with regular saving plans.

Submitted by unnikrishnanpp153 on Sun Jun 04 2023

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10Linking words
meeting the goal of 7 or more
2Word repetition
meeting the goal of 3 or fewer
0Grammar mistakes
 

4 paragraphs

283 words

8.50

Overall Band Score

Coherence and Cohesion: 9.0

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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: 9.0

Mix of complex & simple sentences

Clear and correct grammar

Task Achievement: 8.0

Complete response

Clear & comprehensive ideas

Relevant & specific examples

Appropriate word count

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Topic Vocabulary:

live in the moment
instant gratification
leisure activities
make memories
relieve stress
boost mental well-being
support local economy
wealth accumulation
financial stability
emergency funds
retirement savings
major life events
weigh the pros and cons
strike a balance
long-term perspective
financial preparedness

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