It is important for everyone, including young people, to save money for their future. Do you agree or disagree?

Saving
money
is considered fundamental for everyone including youngsters. I strongly agree with the statement that individuals should save a sum of wages for their futures.
This
essay will explore several reasons for
this
matter.
To begin
with,
money
plays a significant role in modern society;
therefore
keeping it is a necessity for a person's sustainability in the world. We buy food, clothes,homes and many things that are immediate and pressing needs.
Thus
, saving
money
is essential for fulfilling these demands
otherwise
it will be a challenging financial burden for people.
For example
, when I was a child, I used to save some
money
which taught me to how manage my expenditures.
Furthermore
, young people ought to comprehend the value of
money
because , in their lives, they have to earn it independently.
Also
, many renowned universities require a remarkable amount of
money
for those who want to study.
Hence
, for better academic pursuit adequate
money
is indispensable.
Moreover
, it is a critical need of humans as Maslow hierarchy's depicts clearly.
For instance
, we may feel secure when we have enough
money
to address our primary needs.
As a consequence
, Highlighting all these factors, saving
money
is a behaviour that enhances the life quality of a person . In conclusion, I reiterate that saving
money
is crucial for everyone ,
as well as
young people,
due to
the fact that
money
is inevitable for surviving in contemporary society and it offers numerous benefits
such
as sufficient education, nutrition, shelter and a sense of security as Marlow illustrated in one of his studies.
Submitted by Yasar Khan on

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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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