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?
Money
is crucial, and learning how to manage it is an essential lesson for everyone. Saving Use synonyms
money
is one efficient way to keep financial health. Use synonyms
Therefore
, I partly agree that Linking Words
people
need to save Use synonyms
money
even when they are young.
On the one hand, saving Use synonyms
money
for emergencies is rational, since Use synonyms
life
is always unpredictable. A sufficient savings account may assist Use synonyms
people
in overcoming many adversities, Use synonyms
such
as accidents, illness, or unemployment. Linking Words
For example
, during the pandemic in 2019, Linking Words
people
who did not save Use synonyms
money
before would have a harder Use synonyms
life
than Use synonyms
people
did, because they lost or reduced income sources, but had insufficient Use synonyms
money
to deal with that accident. Use synonyms
Furthermore
, saving Linking Words
money
could be vital for young generations who want to get an education and achieve their goals, that's the reason young Use synonyms
people
need to save Use synonyms
money
earlier. Many ambitious youngsters pursue get advanced education in college for bright prospects, but the tuition in top universities is generally expensive. So, saving Use synonyms
money
at an early age is a solution.
Use synonyms
However
, saving Linking Words
money
is not always the most efficient way to make Use synonyms
life
easier from a professional prospect of finance. First of all, savings accounts in banks merely offer a minimum interest rate, in comparison to the inflation rate and economic growth, which means Use synonyms
people
are losing their Use synonyms
money
gradually in savings accounts. Use synonyms
Secondly
, as a cautionary asset manager, it is necessary to weigh the returns and risks from saving Linking Words
money
against the potential rewards that the same amount of Use synonyms
money
could bring back, so-called opportunity costs. More particularly, Use synonyms
people
should consider whether should they save their Use synonyms
money
in a bank account or invest it in the stock market, since if Use synonyms
people
wish to collect wealth for their future, the stock market usually would offer better returns depending on its historical performance.
In conclusion, saving Use synonyms
money
is a fundamental skill for everyone, which would enhance Use synonyms
life
quality. Use synonyms
However
, Linking Words
people
are Use synonyms
also
obligated to acquire more financial knowledge for managing assets, since saving is not the best method sometimes.Linking Words
Submitted by Timothy on
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coherence cohesion
Ensure all sections in your essay are well-developed, further elaborate on certain ideas to enhance depth.
task achievement
Avoid overloading some paragraphs with too much information about different ideas; focus on expanding just a few key points.
coherence cohesion
You presented a clear introduction and conclusion that encapsulate your viewpoint well.
task achievement
You provided a balanced view with reasonable arguments on both sides, which helps to maintain argument validity.