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?
Money
plays a vital role in the modern commercial world. Therefore
, money
-saving has become a fundamental need for everyone, including youngsters. I believe money
must be saved to achieve financial stability and economic security.
To begin
with, it can't be denied that everything, including education, has become commercialised, where financial stability is necessary to pursue educational and career goals. To maintain economic stability, individuals should have a habit of saving at an early age. This
habit would prevent them from trapping in debt as adults. Additionally
, they could accomplish their long-term goals without having financial issues. A survey conducted by AN Indian Newspaper ''The Times'' revealed that in middle-class families, youngsters who start during their college time are more likely to pursue study abroad than others.
Moreover
, life
is uncertain for the future. Economic security has become cumbersome in this
competitive era, where youth can encounter various unforeseen situations in life
, such
as losing a job, physical disability, and family issues. During this
time, having a safety fund acts as a safeguard and promptly heals the worst circumstances. Furthermore
, securing emergency funds escapes masses to reliance on credits or high-interest loans. Resultantly, they live life
under economic security, which provides psychological satisfaction. A recent study revealed that individuals who demonstrate strong money
management skills tend to report higher levels of overall
life
satisfaction compared to those who struggle with financial management.
To conclude
, although
saving is associated with sacrificing some enjoyment at an early age, it leads to many economic benefits. People should be encouraged to save money
regardless of their age.Submitted by parminderbitti3 on
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task achievement
It is important to explain and elaborate on how the example given (The Times survey) supports the point of saving money during college time and pursuing study abroad.
coherence cohesion
Try to ensure a smoother transition between paragraphs to enhance the logical flow. For example, you could use phrases like 'In addition' or 'Furthermore' at the beginning of paragraphs to better link ideas.
task achievement
The essay provides a clear and comprehensive response to the task, addressing the importance of saving money for young people.
task achievement
The essay includes relevant and specific examples, such as the survey by 'The Times.'
coherence cohesion
There is a clear introduction and conclusion, effectively framing the main arguments of the essay.
coherence cohesion
The main points are logically structured and well-supported.