Many people spend all their money as they get it, rather than saving for the future. What are the reasons for this? Is this a positive or negative situation?

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Since the beginning of time, the concept of saving or spending cash has been a sparking debate. Some individuals make it a habit to spend their income

while

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others consider saving for the future a smart alternative. The reasons behind spending range from sheer necessity to selfish wants in a multi-faceted manner. We are all on

this

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earth for a finite amount of time and saving is used as a tool for a rainy day. Personally, I believe

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to be a positive situation when combined with savvy planning.

Firstly

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, money can buy happiness, regardless of age and responsibility.

For example

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, when comparing new parents to teenagers, their financial responsibilities would be vastly different. In the short term, teenagers could have their immediate wants fulfilled by purchasing a pair of shoes with their weekly paycheck. When compared to newly found parents, it would bring satisfaction to the parents should want to plan and execute their child's future education or pay off their mortgage through their hard-earned income.Splashing out can give instant dopamine.

This

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can bring

overall

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society joy. Controlled spending does not necessarily mean impulse spending which the wider community need to understand. There is a reason there is a cost for everything and nothing is free. Personally, I believe if you earned the money it is up to you how you spend it. It is possible to spend to grow your portfolio through intelligent investment. If everyone only saved

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would limit

overall

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economic growth.

Secondly

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, health is something you cannot buy. ,

Change the punctuation

apply

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However

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However,

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when you allocate funds to support your goals it could become beneficial. An example of

this

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includes paying for medical treatment after you've had an injury

such

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as stem cell treatment. Personalised treatments are justified when your goals are aligned with sports

this

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could bring you back to your peak performance

Correct word choice

and, moreover

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moreover

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would support economic growth. On the other ,hand purchasing protein powder or other supplements demonstrates that nothing is free especially when trying to optimize extracurricular activities

such

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as athletic performance.

Thus

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I conclude,

individuals

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that individuals

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spending their capital as they receive their revenue rather than saving for the future is beneficial. It is essential to save, create strong habits and create generational assets

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spending scarcely. Spending could lead to splurging, and extravagant outgoings are usually not done in a controlled manner. The aforementioned has provided detailed reasons for why people are more willing than others and is ultimately a positive situation when combined with the benefits of planning forward financially.

mirnahamadaSat Jul 01 2023

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coherence cohesion

Work on clearly organizing your ideas in separate paragraphs. This will help the reader to follow your argument better.

task achievement

Ensure that all main points are supported with specific and relevant examples. This strengthens your argument and shows your understanding.

task achievement

Your introduction clearly outlines the topic and your personal view, providing a strong start to the essay.

coherence cohesion

The essay includes a conclusion that effectively summarizes the main points.

task achievement

The content is mostly relevant to the topic, with attempts to address why people spend money as it comes and to argue that it can have positive effects.

Include an introduction and conclusion

A conclusion is essential for IELTS writing task 2. It is more important than most people realise. You will be penalised for missing a conclusion in your IELTS essay.

The easiest paragraph to write in an essay is the conclusion paragraph. This is because the paragraph mostly contains information that has already been presented in the essay – it is just the repetition of some information written in the introduction paragraph and supporting paragraphs.

The conclusion paragraph only has 3 sentences:

Summary
Restatement of thesis
Prediction or recommendation

Example:

To summarize, a robotic teacher does not have the necessary disciple to properly give instructions to students and actually works to retard the ability of a student to comprehend new lessons. Therefore, it is clear that the idea of running a classroom completely by a machine cannot be supported. After thorough analysis on this subject, it is predicted that the adverse effects of the debate over technology-driven teaching will always be greater than the positive effects, and because of this, classroom teachers will never be substituted for technology.

Start your conclusion with a linking phrase. Here are some examples:

In conclusion
To conclude
To summarize
Finally
In a nutshell
In general

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10
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meeting the goal of 7 or more
0
Word repetition
meeting the goal of 3 or fewer
4
Grammar mistakes
detected issues

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Overall Band Score

Coherence and Cohesion: 5.0

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

Clear & comprehensive ideas

Relevant & specific examples

Appropriate word count

4 paragraphs

416 words

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Many people spend all their money as they get it, rather than saving for the future. What are the reasons for this? Is this a positive or negative situation?

Include an introduction and conclusion

It is common practice for some students to take a gap year after graduating high school to work and/or travel. What do you think are the advantages and disadvantages of this?

Teachers think that international student exchange would be beneficial for all teenage students . Do you think its advantages outweigh its disadvantages?

it is important for everyone, including young people, to save money for their future. To what extent do you agree or disagree?

Some businesses find that their new employees lack basic interpersonal skills such as cooperative skills. What are the causes? Suggest possible solutions. Give reasons for your answer and include any relevant examples from your own knowledge or experience.

Many people believe that playing games and watching TV programs is beneficial but for others it does not improve mental ability of children. To what extent do you agree or disagree.