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?

For many people, saving is a crucial habit, especially for young individuals. In
this
essay, I will argue that the practice of saving is important. It is a fundamental principle that guides us, and understanding and managing it can enhance our
overall
well-being.
First,
life is filled with uncertainties, and we cannot predict when or where they will arise.
Therefore
, it's wise to set aside part of our
resources
regularly. Typically, allocating a fifth of our earnings as a reserve fund is a good strategy. When challenges occur,
such
as illness or accidents,
this
financial cushion can provide much-needed support. It serves as an essential tool for managing unexpected events.
Additionally
, having
this
preparation in place is a key aspect of our family’s everyday life.
Hence
, being prepared through saving can help us deal with challenges more effectively.
Second,
saving teaches us how to manage our finances, particularly for the youth.
For instance
, many young people have limited funds
while
in school. They often earn by assisting
neighbors
Change the spelling
neighbours
show examples
or engaging in other small jobs. During
this
time, they learn how to manage their
resources
,
such
as choosing and purchasing what they need or want. Since their earnings are generally limited, they must spend thoughtfully. In most cases, they need to save to achieve their goals,
such
as buying more expensive items.
Therefore
, the habit of saving can guide us, especially the younger generation, in making the best use of their
resources
. In conclusion, I completely agree that saving is very important in our lives because it helps us manage unexpected situations better and teaches us how to use our
resources
wisely.
Submitted by universe.edge on

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task achievement
To push the essay to an 8 or 9, consider developing your main points further with additional specific examples and details. This will add depth to your arguments.
coherence cohesion
Enhance the transitions between paragraphs to improve the logical flow of the essay. For instance, linking sentences at the beginning or end of paragraphs can help guide the reader more smoothly through your arguments.
coherence cohesion
The essay has a clear and concise introduction and conclusion, which neatly frame the arguments presented.
task achievement
Your essay effectively highlights the unpredictable nature of life and the importance of saving as a preparation for unforeseen events. This is a strong point in your argument.
task achievement
The examples provided, such as allocating a fifth of earnings and young people earning through small jobs, are relevant and help illustrate your points well.
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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