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

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Today,
due to
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the growing trend of unexpected issues, planning for the
future
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life
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has become more important than in the past. A popular belief about
money
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claims that all people, even youngsters, should save
money
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for their
future
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. In
this
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essay, I will discuss
both
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the benefits and drawbacks of saving
money
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for the rest of
the
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my
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life
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, and I will explain why I strongly agree with
this
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opinion. For either seniors or juniors,financial support can play a key role in tackling their
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future'
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future
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problems . Undoubtedly,
life
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is going to face a variety of unpredictable bitter incidents .Floods and earthquakes as natural disasters which lead to several detrimental effects on buildings and houses, are examples of unpredictable heartbreaking incidents for
both
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seniors and juniors.Your home which is demolished by these disasters will require financial efforts to rebuild.
However
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,your saved
moneymoney
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money
may lead to a less convenient
life
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for you when you could easily spend
instead
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of saving like others, today will help you to reconstruct your shelter and have a better
life
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than others. Others believe individuals should live in the moment, the past has gone and the
future
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is not yet to come. But
drawbacks
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the drawbacks
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of
this
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approach will be appealing to
both
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young and older people with the outlook same as
this
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view.
For example
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, someone who spends all his or her income on leisure activities or shopping may suddenly become sick and need rest for a long time. cancer is a disease
that is
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suddenly diagnosed by doctors. Too much
money
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is needed for his or her treatment,
while
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it's not clear whether he will be able to continue working
due to
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the hardness of his/her illness or not. Without any saved
money
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and a
future
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job, you utterly lose not only your current moment but
also
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your
future
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. All in all, one of the major and fearful features of the
future
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that must be considered is the lack of insurance and knowledge about the upcoming
future
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.
For example
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, some natural disasters and unforeseen diseases need financial support to ensure survival.
Therefore
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saving
money
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is crucial for
both
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young and old people.

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coherence cohesion
Ensure paragraphs are well-organized and clearly linked. Transition phrases like 'Moreover,' 'In addition,' or 'Furthermore' could improve flow.
task achievement
Clarify your main points and make them more explicit in each paragraph. This will help to strengthen your argument.
task achievement
Avoid repetitive words or phrases and try to use a wider range of vocabulary to make your essay more dynamic and engaging.
task achievement
The essay covers both sides of the argument, providing a balanced view and a logical conclusion in support of saving money for the future.
coherence cohesion
The introduction gives a clear thesis statement, and the conclusion effectively summarizes the essay's main points.
task achievement
The examples provided, such as natural disasters and health issues, are relevant and help to illustrate your points effectively.
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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