In
this
contemporary world where there are numerous ways to spend, everyone including young generations is following the habit of saving which is a much-needed practice. In my opinion, I believe it is necessary for anyone to save because it will create a better
future
for
future
generations by setting them
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and it will give them the space and time to enjoy their later part of
life
without any hustle.
Firstly
, most of the current generation people suffer from having a normal
life
because of their financial circumstances.Certainly preserving some fine quantity of money
while
earning despite most of the spending will definitely make anyone proud that they are creating a better
life
for their
future
ones.
However
in order to see them creditworthy and financially secure in
imminentCorrect word choice
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future
, it is important to save some penny for them.
For instance
, most of the persons who are affluent have inherited their parent's prosperity for their business to take a challenge in their journey without worrying about bankrupt.
Hence
savings will not only give us gratitude it serves our extended family members to enjoy their
life
.
Secondly
, controlling expenses will not only serve the purpose of setting us free from all debts but
also
help us in our later stages of
life
. Conserving a good amount of money will help us to buy the things we want and visit our favourite places to spend some quality time when we stop earning.
Additionally
, the funds that we save might be helpful in treating our medical expenses indeed, it will serve as an emergency property.
For example
, a survey posted that people who made themselves wealthy
while
earning are leading the happiest
life
by doing the things they wish and there is an observation found on reduced depression and anxiety.
Thus
maintaining a proper balance sheet for savings in everyday
life
is important as it adds value to leading a happier
life
.
In conclusion, where earning and spending can play a vital role in
life
,I believe It is eminent that proper savings should be taught from the earlier stage and everyone should practise the same as it could let us live a healthier lifestyle and pave the way to help the
future
generations to fulfil the needs of their own in a non-constrained way.