A lot of people nowadays are spending too much money and they don’t save anything for future use. Is this a positive or a negative development?

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In recent years, many
people
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have adopted a habit of excessive spending without setting aside money for future needs. In my opinion, I am convinced that
this
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trend is a negative development, primarily because it can lead to economic instability for
individuals
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. I am
also
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convinced that it fosters a culture of consumerism, which can have
further
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detrimental effects on both personal well-being and society as a whole. It is my view that failing to save money for the future can result in severe financial insecurity.
For instance
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,
individuals
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who live paycheck to paycheck may struggle to cope with unexpected expenses or economic downturns, leaving them vulnerable during times of crisis.
Additionally
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, without adequate savings,
people
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may face difficulties achieving important long-term goals,
such
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as buying a home or retiring comfortably.
This
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lack of financial planning can ultimately increase stress and anxiety, negatively impacting their mental health. I
further
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believe that excessive spending habits contribute to a culture of consumerism, where
people
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prioritize material possessions over personal development or meaningful experiences.
This
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focus on consumption often leads
individuals
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to accumulate debt as they strive to keep up with societal expectations and trends.
Moreover
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,
this
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consumer-driven mindset encourages
people
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to place less value on financial stability and long-term planning, reinforcing a cycle of irresponsible spending that can be challenging to break. In conclusion, from my perspective, the lack of saving for future needs is a negative development, as it can result in financial instability and increased stress for
individuals
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.
Additionally
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, fostering a culture of consumerism has adverse effects on personal values, leading
people
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to prioritize material goods over lasting financial security.
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task achievement
Your essay provides a strong argument with relevant examples, but you can further enhance your task response by delving deeper into potential solutions to the issue of excessive spending.
coherence cohesion
Ensure smooth transitions between paragraphs to strengthen coherence and flow. Consider using varied linking phrases to enhance cohesion.
introduction conclusion present
Your introduction is clear and presents your position effectively, setting the tone for the rest of the essay.
logical structure
You have a logical and structured argument, with well-defined main points that are supported with reasons and examples.
clear comprehensive ideas
The ideas and examples provided in your essay are clear and comprehensive, effectively conveying your viewpoint and supporting points.

Fully explain your ideas

To get an excellent score in the IELTS Task 2 writing section, one of the easiest and most effective tips is structuring your writing in the most solid format. A great argument essay structure may be divided to four paragraphs, in which comprises of four sentences (excluding the conclusion paragraph, which comprises of three sentences).

For we to consider an essay structure a great one, it should be looking like this:

  • Paragraph 1 - Introduction
    • Sentence 1 - Background statement
    • Sentence 2 - Detailed background statement
    • Sentence 3 - Thesis
    • Sentence 4 - Outline sentence
  • Paragraph 2 - First supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 3 - Second supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 4 - Conclusion
    • Sentence 1 - Summary
    • Sentence 2 - Restatement of thesis
    • Sentence 3 - Prediction or recommendation

Our recommended essay structure above comprises of fifteen (15) sentences, which will make your essay approximately 250 to 275 words.

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Topic Vocabulary:
  • economic instability
  • financial trouble
  • emergencies
  • economic downturns
  • financial security
  • long-term goals
  • higher education
  • retiring comfortably
  • paycheck to paycheck
  • stress and anxiety
  • mental health
  • stimulate the economy
  • generate employment
  • business growth
  • debt accumulation
  • consumerism culture
  • material goods
  • personal development
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