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?

In
this
day and age, it is getting more and more vital for
people
, including young
individuals
to put much more emphasis on saving
money
. In my opinion, I strongly believe that
this
habit should be adopted by everyone and I will discuss these advantages in detail below
Firstly
, saving
money
provides financial security and
sustainable
Correct article usage
a sustainable
show examples
future
. Since most of our lives are unpredictable and we sometimes are faced with financial hardship, saving
money
can help you cope with
such
adversity.
For instance
, when you have a sudden medical emergency which requires a great deal of
money
or job loss, these situations will leave
individuals
financially vulnerable,but
savings
will basically alleviate
such
tough situations. Without
savings
,
people
have to borrow financial aid from different sources,
hence
getting into debt.
This
financial cushion not only
allow
Change the verb form
allows
show examples
us to manage to get through challenges but
it
Correct pronoun usage
apply
show examples
also
fosters independence in the face of adversity.
Besides
this
,
savings
can play an important role in forming a successful
future
career. Accumulated
savings
can fund significant
future
investments
such
as purchasing houses, cars or even starting a business as seen in developing countries
as
Correct quantifier usage
such as
show examples
Viet Nam, where young
individuals
often use their
savings
to establish their own enterprises
such
as coffee shops or restaurants.
Furthermore
, since the discipline of saving
money
would foster a more financially responsible mindset,
people
who save
money
are likely to make firm and decisive decisions and seize prospective opportunities in both
professional
Correct pronoun usage
their professional
show examples
and personal
life
Fix the agreement mistake
lives
show examples
.
This
habit would empower them,
therefore
give
Wrong verb form
giving
show examples
them more chance of success. In conclusion, saving
money
benefits us in many aspects ranging from providing a financial safety net to funding
future
investments.
Therefore
,
this
habit should be widely adopted by
people
, including young
individuals
.
Submitted by dohuyhoang on

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coherence cohesion
Ensure a smoother transition between the first and second main points by using linking phrases or words such as 'Additionally', 'Moreover', or 'Another point to consider is'.
task achievement
While the examples provided are relevant, consider diversifying them further by including more global contexts or varying the examples to include less obvious aspects of personal savings benefits.
introduction conclusion present
The introduction clearly states the writer's opinion and what the essay will discuss.
relevant specific examples
The essay provides relevant and clear examples to support the argument.
logical structure
Each paragraph has a clear main point which is supported with explanations and examples.

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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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