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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Some
people
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believe that it is necessary to save
money
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for everyone,especially for young
people
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. In my opinion, I consider
money
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-saving to be a crucial strategy, as it can serve as an emergency fund and play a future investment role for any areas they may interested in.
Firstly
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, keeping cash in the bank may help individuals create a safety net for uncertain circumstances and emergencies.
That is
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to say, men who have some
savings
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don't need to worry about unexpected events because they can use their reserve funds to face these problems.
For instance
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, if a young person can save some
money
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, they can deal with issues relatively easily when faced with unforeseen illness or financial problems of family members.
Therefore
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, if a young person has some
savings
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, the
money
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can be of great use, especially in helping to solve sudden unexpected situations.
In addition
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, having good financial management skills may
also
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help them cultivate financial discipline.
Secondly
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, individuals who own a large amount of deposits may
also
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have opportunities for important future investments
such
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as education, property or starting a business. To make it clear, that
money
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gives
people
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more chances to try anything that they are willing to do. Take an example, a girl who wants to open a clothing store can directly use the
money
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she has reserved in the bank to open the store. Compared with peers who have no
savings
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, it is easier for
this
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girl to open a store because at least she does not need to borrow
money
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to purchase goods. Another thing is that,
due to
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the whole economic situation around the world,
savings
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could largely help
people
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cope with inflation and
also
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deal with the problem of
rising
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the rising
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cost of living.
To sum up
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,
although
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people
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's opinions vary, I am convinced that having some backup
money
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ought to be applied because it not only provides a way for the public to face accidental incidents
,
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apply
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but
also
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as a method to invest in things.
Submitted by bubblehead1213 on

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task achievement
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coherence cohesion
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supporting points
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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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