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?

Managing personal finances remains a perennial topic in society, captivating widespread interest and discussion. I concur with the notion that it is pivotal for
individuals
, young people included, to save money for their
future
, albeit acknowledging situations where monetary value doesn't reign supreme.
This
essay will delve into the reasons supporting
this
standpoint.Foremost, earmarking funds for the unforeseeable
future
serves as a prudent
life
strategy. Saving embodies an effective risk management approach, considering the unpredictability enveloping our lives. An unforeseen event can manifest abruptly, leaving us vulnerable; having a financial cushion can significantly mitigate these adversities.
While
young
individuals
might deem serious health concerns as remote possibilities, possessing savings in advance fortifies one’s readiness against unexpected dilemmas.
Moreover
, the act of saving ushers in greater financial flexibility. Initiating the habit of saving and investing early amplifies potential returns, courtesy of the compound effect of time and interest rates—a concept not to be underestimated.
This
financial foresight potentially allows for an earlier retirement, thereby enabling the pursuit of ambitions unfettered by economic constraints.
Additionally
, saving prompts a meticulous examination of one's
life
aspirations, laying the groundwork for informed decisions regarding marriage, parenthood, and other significant
life
milestones, thereby facilitating their realization.Contrastingly, a fraction of
individuals
advocate for living in the moment, positing that financial resources should cater to present enjoyment.
While
the essence of
life
isn't encapsulated solely by savings, judicious financial planning does not detract from current pleasures.
Instead
, having a well-defined savings plan delineates the boundary for discretionary spending, bolstering confidence and satisfaction in
life
's indulgences.
Moreover
, the perspective that
life
shouldn't orbit around monetary accumulation is valid;
however
,
this
perspective doesn’t conflict with the notion of saving for the
future
. In essence, financial preparation supports, rather than hinders, the pursuit of non-materialistic goals, furnishing a stable platform from which to explore and realize diverse ambitions.Conclusively, the practice of reserving funds for the
future
endows
individuals
, especially the youth, with a structured approach to
life
, enhancing their resilience against unforeseen challenges. With strategic planning, it is feasible to balance enjoyment in the present with financial security for the
future
, forging a path to a fulfilled and well-rounded existence.
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coherence cohesion
Make sure to clearly distinguish between your main points so that each paragraph introduces a new and distinct idea.
task achievement
Add more specific examples to substantiate your claims, as these will provide more concrete support for your arguments.
coherence cohesion
Your essay demonstrates a logical structure and clear organization, which makes it easy to follow your arguments.
task achievement
You have effectively presented a complete response to the essay prompt by addressing multiple aspects of the topic.

Include an introduction and conclusion

A conclusion is essential for IELTS writing task 2. It is more important than most people realise. You will be penalised for missing a conclusion in your IELTS essay.

The easiest paragraph to write in an essay is the conclusion paragraph. This is because the paragraph mostly contains information that has already been presented in the essay – it is just the repetition of some information written in the introduction paragraph and supporting paragraphs.

The conclusion paragraph only has 3 sentences:

  • Summary
  • Restatement of thesis
  • Prediction or recommendation

Example:

To summarize, a robotic teacher does not have the necessary disciple to properly give instructions to students and actually works to retard the ability of a student to comprehend new lessons. Therefore, it is clear that the idea of running a classroom completely by a machine cannot be supported. After thorough analysis on this subject, it is predicted that the adverse effects of the debate over technology-driven teaching will always be greater than the positive effects, and because of this, classroom teachers will never be substituted for technology.

Start your conclusion with a linking phrase. Here are some examples:

  • In conclusion
  • To conclude
  • To summarize
  • Finally
  • In a nutshell
  • In general

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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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