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? Give reasons for your answer and include any relevant examples from your own knowledge or experience. Your essay should comprise a minimum of 250 words.

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In
this
day and age, planning for the
future
is always a hotly debated topic. When talking about plans for the
future
,
people
often discuss jobs, relationships or studies. Some individuals believe that everyone, including young
people
saving
money
is very crucial for their
future
. In my point of view, I totally agree with
this
statement. The following essay will indicate my opinion.
Firstly
, saving
money
for the
future
is very necessary for everyone. To the young, saving
money
helps them have a more stable life and achieve their dreams. Every day, they only need to cut some expenses that are not too essential,
then
after some years, they can have enough
money
to purchase many things they really want for a long time or they can take care of their family better.
For example
, a worker always works hard and never wastes
money
. He often retains a portion of his salary to deposit in his bank every month. So, after about 3 years, he can buy a house for his family which he has desired since he started working.
In addition
, saving
money
can help older
people
cope with bad things that come in their lifetime. And when meeting them, they can solve and take care of themselves without any assistance from others. Because the amount of
money
that they save can be used in these likelihoods.
For instance
, an older person often faces problems with health
such
as flu, stomachache or heart disease because she is too old, she can use
money
to buy medicine or go to the hospital because their children are very busy and can not take care of her carefully every day. In conclusion, saving
money
for the
future
is very vital for all
people
both the young and the old. I strongly agree with
this
statement because it will help us to be more successful and can cope with bad things that we encounter in our lives and we could not know about them before.
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task achievement
Expand on each point to provide more depth to your arguments. Try to include a third body paragraph to balance and elaborate your essay further.
coherence cohesion
Ensure smooth transitions and logical connections between paragraphs for better flow and cohesion.
coherence cohesion
Clear and well-articulated introduction and conclusion which effectively state your position and summarize your points.
task achievement
Relevant and specific examples effectively support your main points, such as the anecdote about the worker saving for a house and the older person dealing with health issues.
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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