Some people think it is better to spend and enjoy their money once they earn it. Others think it is better to save their money and enjoy it in the future. Which stand do you agree with and why?

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Different
people
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have different opinions about spending and saving capital.
While
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some
people
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believe that they should spend
money
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to enjoy
life
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fully, others believe that saving
money
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is the best way to secure their future. Despite the importance of saving
money
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, it shouldn't limit essential needs in the process. The majority of
people
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nowadays work hard to earn more and more
money
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so that they can live a comfortable
life
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and fulfil their desires. It is impossible to cut back on certain expenses. Everybody needs food and clothing,
for example
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. As parents, children, and spouses, it is our responsibility to take care of our dependents.
Moreover
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, they should invest some time in recreational activities to break the monotony of their routine and maintain a stress-free lifestyle. A vacation should be taken at least once a year in order to relax and enjoy quality time with family and friends.
This
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is why spending
money
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is a good idea. For a brighter future,
however
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, a savings fund is essential. It is impossible to predict what will happen in the future because
life
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is full of ups and downs. When
people
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lose a job suddenly, they can run into financial difficulties and derail their lives. Our income will not be sufficient to overcome these difficulties if we spend it all on enjoying our current lives.
Moreover
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, we can live a financially independent and strong
life
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during our twilight years.
Therefore
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, saving
money
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is important.
As a result
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, it is apparent that saving and spending
money
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wisely is important to living a comfortable
life
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throughout one's lifetime.
Submitted by ghsa1214 on

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Linking words for giving examples:

  • for example
  • for instance
  • to illustrate this
  • to give a clear example
  • such as
  • namely
  • to illustrate
  • take, for example

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Topic Vocabulary:
  • financial security
  • safety net
  • unforeseen circumstances
  • emergencies
  • future investments
  • retirement planning
  • financial discipline
  • habit of saving
  • amassing wealth
  • substantial fund
  • opportunity cost
  • additional income
  • inflation
  • purchasing power
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