It is better to save money than to spend it. How far do you agree with this statement? Is saving more important than spending in today’s world? Give reasons for your answer, and provide ideas and examples from your own experience. You should write at least 250 words.

In comparison to the past , the economic level of the world increased now.
Therefore
, every citizen has the responsibility to save
money
for better future lives.I completely with agree
this
statement. In the following paragraphs, I will describe the reasons for my belief that saving is more important than spending in today's world
along with
examples. On the
one
hand, people should not waste their
money
on buying unwanted things
such
as expensive cars and dresses etc. By avoiding
this
,
one
can save
money
.
For instance
,
one
of my uncles is working at the Bharat Heavy Electricals Limited and his salary was more than 1 lakhs per month. Because of his high salary, he bought many luxury items for his house. After retirement, he was diagnosed with cancer and for
treatment
Add a comma
,treatment
show examples
he needed a lot of
money
but he didn't have enough
money
for his medical treatment. At that time, he realised the value of
money
.
On the other hand
, parents should teach their children about the value of
money
from the initial stage life of children
such
as putting coins in the saving box on a daily basis.
For example
, my mother taught me when I was studying in school how to save
money
for our future purposes.Actually, I didn't realise the value of
money
but when I grew up I realised. I remember, once upon a time my family faced financial circumstances at that time I helped my parents with my savings.
To sum up
, as a penny saved is a penny earned
one
should save
money
on a monthly or yearly basis to have a fruitful life in the future.
Submitted by niraikalirajan on

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