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

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Some are of the opinion that spending
money
for today’s
need
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needs
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is justified.
While
,
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apply
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other
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others
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opine that
one
should always save their earning for the future and for unforeseen
situation
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situations
show examples
. I believe
on
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in
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the latter philosophy and my reasonings shall be elaborated in the following passages.
To begin
with, today’s generation
earn
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earns
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good
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a good
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amount of
money
compared to the older generation.
This
is because
,
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apply
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most of them have strong educational
background
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backgrounds
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and land a decent job.
Hence
, their career is secured and they do not value income as much as they should as there is never a deficit of cash flow. Another reason, most people do not save
money
is because, government provide most of the basic necessities
at
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apply
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free of
cost
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costs
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such
as education, medical, and other amenities.
For example
, students who passed out before 2005 in the USA had at least 65000$ in debt upon graduation
thus
, making them
to
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apply
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allocate at least
one third
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one-third
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of their salary towards their loan.
However
,
post 20005
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post-20005
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, the ruling government waived off all
the
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apply
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student loans by 50% for current students.
This
certainly took
financial
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the financial
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burden off of their shoulders yet,
instead
of using
this
money
to pay off loans they spent it to go
for
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to
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a party, purchase
apparels
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apparel
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,
take
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and take
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unwanted vacation trips so that they
can
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could
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post their lifestyle on social media. Facebook, Instagram,
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and Tik-Tok
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Tik-Tok
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TikTok
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are
also
one
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some
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of the primary reasons why they do not want to save.
Younger
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The younger
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generation
live
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lives
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for likes which gives them a
celebrity like
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celebrity-like
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status. To show off their lifestyle, they indulge in purchasing unnecessary expensive goods. Becoming famous in
short
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a short
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span of time takes precedence over saving for the future. Having said that I, strongly believe in
savings
.
One third
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One-third
show examples
of our income should go towards
savings
because
,
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apply
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life is unprecedented. In order to cope
up
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apply
show examples
with
un-foreseen
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unforeseen
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medical
expense
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expenses
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or other
expense
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expenses
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,
one
must always be prepared.
For instance
, during COVID-19 many suffered from financial constrain as they did not have any
savings
in their account and many insurance
company
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companies
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did not cover
this
disease as it was new.
This
ended up hurting
citizens
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citizens'
citizen's
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pockets and mental stability. Without
payment
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payment,
show examples
many hospitals denied treating its patient. If people had
savings
, they could have prevented
mortality
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the mortality
show examples
rate at least by 10%. Another reason
savings
is vital
because
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is because
show examples
as
human
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humans
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we will eventually lose the ability to work beyond
certain
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a certain
show examples
age
due to
our physical deterioration.
Savings
for our retirement must be our priority so that we do not have to depend on our children’s earnings. Having
a
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apply
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sound financial stability can allow us to live our life in peace.
Overall
, I firmly believe that every penny saved is every penny earned. It is important to spend on certain things that might give us happiness but spending our entire paycheque only item that we want is absurd. We should strike a balance between the need and want and make wise and well-informed
choice
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choices
show examples
so that our future is secured.
Submitted by u.umayal92 on

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task response
In order to achieve a higher score for task response, ensure that every part of the prompt is addressed more explicitly. Consider refining your introductory sentence to more clearly outline both perspectives before diving into your viewpoint. Additionally, the concluding paragraph can be strengthened by briefly summarizing the main points of both views discussed in the essay.
coherence and cohesion
For coherence and cohesion, while your essay flows quite well, there are occasional areas where sentence transitions could be smoother. You might benefit from using more cohesive devices (e.g., 'Furthermore,' 'On the other hand,' 'Moreover'). This would help improve the logical structure and enhance the flow.
task response
Ensure that all main points are thoroughly supported with relevant examples. While you provided some good examples, such as the impact of COVID-19 and the student loans scenario, more detailed examples or additional explanations could further strengthen your arguments and demonstrate clear comprehensive ideas.
coherence and cohesion
Pay attention to sentence structure and be wary of run-on sentences or overly long paragraphs. Breaking them into smaller, more digestible sections can help improve readability and ensure that each point is adequately emphasized.
task response
Your essay provides specific examples and a well-defined standpoint, which is a strong point in your task response. The references to COVID-19 and the changes in student loans add depth and relevance to your arguments.
coherence and cohesion
Your introduction and conclusion are well-presented, summarizing your viewpoint neatly. The conclusion reinforces your standpoint and leaves a lasting impression.
task response
You do a good job of addressing both sides of the argument, which demonstrates a balanced perspective and critical thinking.

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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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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