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?

There is an ongoing debate over whether saving
money
is crucial for citizens, including the young.
However
, many
individuals
claim that it might be harmful to their personal growth, I firmly believe that the allocation of
money
for their
future
is important for several reasons. Admittedly, proponents of the view that savings are not necessary argue that they should focus on their needs.
This
means that citizens, even young people face some financial problems, they literally do not know divert their
budget
to cover either their diet or rent. In
such
a case, it does not sound crucial to keep funding for the
future
. As an example, even though many student work part-time, they again struggle with their financial instability.
Further
justification is that saving
money
for youngsters should not be the best option for their plan.
This
is because they might tend to improve their personal skills,
such
as technical or interpersonal abilities, as they should devote the
budget
in order to take the course.
Hence
, savings is not preferable for everyone, including the teens.
Nevertheless
, despite its negative consequences, keeping
money
plays an essential role in fast fast-paced world. One of the obvious reasons is that it helps
individuals
create safety for unpredicted circumstances.
For example
, during the COVID-19 pandemic periods, a majority of people have made a living with it. Another significant reason is that it can be used for
future
investments, including education, and possession. As long as
individuals
have a sufficient
budget
, they
would
Wrong verb form
will
show examples
become self-employed.
Therefore
, it not only is able to secure unforeseen situations but
also
provides a long-term investment. In conclusion,
whereas
it is not important for everybody owing to
individuals
' financial problems, I am of the opinion that it has a beneficial impact on the life of humans, including
budget
security, and
future
investments.
Submitted by ilkin.abdullaev04 on

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task achievement
Clarify the connection between saving money and personal growth or skill development.
task achievement
Provide more specific examples to illustrate the benefits of saving money, particularly for young people.
coherence cohesion
Improve the transition between arguments to enhance the logical flow of the essay.
task achievement
The essay presents a clear stance on the importance of saving money, with a balanced acknowledgment of opposing views.
coherence cohesion
The essay has a well-structured introduction and conclusion, reinforcing the main argument.

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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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