It has become very common for people to borrow money . Most of people have a credit card a mortgage and often they will buy a car on credit as well . Is this goid idea or is it too risky? Discuss both views and give your opinion.

#people #money #credit #card #mortgage #car #goid #idea

✨ Do you want to improve your IELTS writing?

Some people are convinced that it is better to purchase what they need using a

credit

Use synonyms

card

Use synonyms

as it can help them manage their finances properly.

On the other hand

Linking Words

, others say

this

Linking Words

is a risky approach as it could negatively impact consumer behaviour and would eventually lead to an economic crisis. In

this

Linking Words

essay, I am going to discuss both of these viewpoints and the reason why I concur with the former statement. To start with, the effectiveness of loaning money to get items. Adults commonly buy products or services using

credit

Use synonyms

cards to save their money and ensure their liquidity.

This

Linking Words

will help them to invest their cash and reach financial stability.

For example

Linking Words

, if a person earns SAR 4,000 each month and spends SAR 3,000, he could invest half of his income in real estate or stock markets.

Therefore

Linking Words

, the rest could be spent, and borrow SAR 1,000 from the bank.

Moreover

Linking Words

, using a

credit

Use synonyms

card

Use synonyms

is beneficial as there is massive competition among

credit

Use synonyms

card

Use synonyms

issuers.

For instance

Linking Words

, my bank usually encourages me to buy by their

credit

Use synonyms

card

Use synonyms

as they offer either cash back or a special discount.

Therefore

Linking Words

, it is a win-win deal when the

credit

Use synonyms

is used to get items.

On the other hand

Linking Words

, using debt to buy things is risky for some people. When an individual constantly borrows money to obtain a product or service, it will lead to irresponsible spending behaviour which will eventually lead to unpleasant consequences.

Moreover

Linking Words

, usually, a debtor requires an interest rate,

therefore

Linking Words

, if there is no plan to cover these interest rates

such

Linking Words

Correct your spelling

show examples

investment will be a loss for a person.

Hence

Linking Words

, it is important for society to avoid

credit

Use synonyms

if it is not necessary. In conclusion, the goal of purchasing a product or service is to ensure liquidity.

This

Linking Words

will allow adults to invest a portion of their income to reach financial stability.

However

Linking Words

, if

this

Linking Words

behaviour goes beyond the limit, it will lead to unpleasant consequences.

Submitted by abaadiip on Thu Jan 25 2024

Unauthorized use and/or duplication of this material without express and written permission from this site’s author and/or owner is strictly prohibited. Excerpts and links may be used, provided that full and clear credit is given to Writing9 with appropriate and specific direction to the original content.

Introduction & Conclusion

A clear introduction and conclusion are present, which is positive. However, ensure that they fully encapsulate the essay's primary argument and summarise the key points discussed.

Logical Structure

A logical structure is somewhat evident in the essay, but transitions between ideas could be smoother. Usage of linking words can assist in producing a clearer flow of arguments.

Examples

The essay could benefit from more specific examples to support the main points. Provide concrete evidence or illustrative anecdotes to underscore the arguments being made. This would also help in achieving completeness in task response.

Task Response

It is necessary to develop your ideas fully, ensuring that you respond to all parts of the task. Offer a balanced discussion of both viewpoints before providing your own opinion, with thorough explanations for each.

9
Linking words
meeting the goal of 7 or more
2
Word repetition
meeting the goal of 3 or fewer
1
Grammar mistakes
detected issues

0123456789.0505

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: 7.0

Varied vocabulary

Accurate spelling & word formation

Grammatical Range: 8.0

Mix of complex & simple sentences

Clear and correct grammar

Task Achievement: 5.0

Complete response

Clear & comprehensive ideas

Relevant & specific examples

Appropriate word count

4 paragraphs

333 words

🚀 Prepare for IELTS writing section today!

Unlimited Task 1 & Task 2 checks
Practice with essays, charts, and letters.
Personalized suggestions & mistake analysis
Spot every mistake and boost your score.
Topic ideas & vocabulary helpers
Expand your ideas and use the right words.
Progress tracking
Watch your writing improve with every practice.

Topic Vocabulary:

Financial stability
Debt management
Interest rates
Creditworthiness
Loan repayment
Economic impact
Fiscal responsibility
Consumer behavior
Asset acquisition
Credit cycle
Default risk
Liquidity
Financial planning
Credit limit
Down payment
Income-to-debt ratio
Repossession
Amortization
Secured/unsecured loan
Investment
Compulsive spending
Insolvency

What to do next:

Look at other essays:

6
band
You are invited to a party, however, because of some reasons you didn’t attend. Write a letter to the friend who invites you: (1) explain the reason why you didn’t go; (2) express your apology; (3) ask about some details in the party.
Hope you and your family are doing well.I am very happy to see the invitation from you for the party.We planned everything and were so excited to meet you at the party.But unfortunately,we got a call from our house owner that he is coming to visit the home,in addition,also wants to update the previous home agreement.
6
band
In some countries, there has been an increase in the number of parents who are choosing to educate their children themselves at home instead of sending them school. Do the advantages of home education outweigh the disadvantages?
In recent years, there has been an increase in the number of educating children at home instead of sending them to school. This writer believes that the economic assets cannot outweigh the disadvantages of the deficit in society interaction and soft skills.
7
band
Some people think that children should start school at a very early age, but others believe that they should not go to school until they are older.
Nowadays, the right age of schooling become an intellectual conflict among the experts. While defenders argue that kids should attend school as early as possible, opponents think that the appropriate time of schooling is over the 6 or 7. In my point of view, not the former but the latter group’s ideology is more realistic and worth supporting. This essay delves into these opinions and expresses my notion before drawing a reasonable conclusion.
4
band
Some people think that the best way to reduce crime is to give longer prison sentences. Others, however, believe there are better alternative ways of reducing crime. Discuss both views and give your opinion.
Some societies assume that prison is a comprehend choices to mitigate crimes. Conversely, others ensure that many other appropriate choices to reduce it rather than jail. I believe that there are many ways to make criminals beneficial for the country.
5.5
band
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. Discuss both views ang give your own opinion.
Nationalism and internationalism are two major career trends for highly skilled experts once they conclude their education. Regarding this controversial issue some argue that they ought to remain and start an occupation where trained while others believe that they should have freedom to select their profession anywhere they desire. I wholeheartedly agree with the second group and support the liberty to choose their workplace.

It has become very common for people to borrow money . Most of people have a credit card a mortgage and often they will buy a car on credit as well . Is this goid idea or is it too risky? Discuss both views and give your opinion.

You are invited to a party, however, because of some reasons you didn’t attend. Write a letter to the friend who invites you: (1) explain the reason why you didn’t go; (2) express your apology; (3) ask about some details in the party.

In some countries, there has been an increase in the number of parents who are choosing to educate their children themselves at home instead of sending them school. Do the advantages of home education outweigh the disadvantages?

Some people think that children should start school at a very early age, but others believe that they should not go to school until they are older.

Some people think that the best way to reduce crime is to give longer prison sentences. Others, however, believe there are better alternative ways of reducing crime. Discuss both views and give your opinion.

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. Discuss both views ang give your own opinion.