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?

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Some think that saving
money
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for future plans is very necessary for all, especially for young members. In my opinion, multiplying
money
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by saving can be beneficial for upcoming
events
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, but there are a few drawbacks that should be considered.
Above all
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, saving
money
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ensures that individuals do not suffer from financial problems in the future. If a person saves a certain amount of
money
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on a regular basis,
this
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will make the members ready for future
events
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, no matter whether they are expected or not. As examples of anticipated
events
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, trips, holidays or presents and unanticipated
events
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a sudden disease or an accident can be shown. The economizing
also
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helps to maintain a healthy and peaceful mind. Some studies show that people who have
money
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-related problems are more stressed, as they think a lot about earning more
money
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or multiplying the current amount.
On the other hand
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, especially for the young,
money
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saving can prevent them from spending their leisure time in social activities. It means that if a person tries to put some
money
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away, in some cases they can be forced to live a less socially active life.
For example
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, students cut their costs to be more frugal and these costs mostly contain their expenses on social activities
such
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as parties or games. In conclusion,
while
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building savings is very essential, especially young communities must take into consideration that it should not prevent their social life activities. I call everybody to put some
money
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away in a scheduled manner,
while
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also
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spending a minor part of it on entertainment.
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task achievement
To enhance your response, provide a clearer thesis in the introduction and concisely restate your position in the conclusion. This will improve the clarity of your argument throughout the essay.
coherence cohesion
Incorporate more linking words and cohesive devices to strengthen coherence. This will help in connecting ideas smoothly and guiding the reader through your arguments.
coherence cohesion
Clear and concise introduction and conclusion that summarize the main arguments effectively.
task achievement
The essay successfully addresses the task by clearly discussing both the benefits and drawbacks of saving money for the future.
task achievement
Relevant examples are provided to illustrate both sides of the argument, making the essay more convincing and comprehensive.
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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