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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In the contemporary era, the necessity of financial management is a hotly debated topic. Some
people
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raise an argument that, for all age groups, saving
money
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is significant for their future. I partially agree with
this
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argument. Saving
money
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can contribute to
people
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’s resilience regarding unpredicted situations. It is obvious that nobody can predict the future.
Therefore
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, accumulating a certain amount of financial resources is important for dealing with emergencies.
For example
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,
people
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who maintain a positive balance in their bank account are more likely to pay unexpected medical spending, compared with individuals who are financially deficit.
This
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is particularly crucial for the younger generation, as they are more inclined to take risks, not only physically but
also
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financially,
for instance
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using the “afterpay ” service.
However
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, others might argue that, for those who pursue unique experiences, saving
money
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should not be a priority.
For example
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,
people
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who are interested in travelling are more likely to spend their
money
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on some invaluable memories.
Furthermore
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,
for
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apply
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university student,
they
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apply
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might be more likely to spend their
money
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to socialise with others or attend an exchange program. Compared with purely saving
money
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, those experiences are equally important for their future. In conclusion, I partially agree with the argument that
people
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should save
money
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because it is important for risk management.
Additionally
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, for the youth, I believe a more structured and well-planned saving
money
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strategy would balance their need for spending.
Submitted by heimli6 on

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task achievement
Consider expanding on the reasons why saving is important beyond emergencies, such as long-term financial goals. This could further enhance the development of your task response.
coherence and cohesion
Try to develop the counter-argument more fully to show a balanced perspective. Although the essay argues both sides, a little more depth on the counter-arguments could strengthen the overall balance.
task achievement
The essay makes a clear and comprehensive response to the task, effectively addressing the importance of saving from different age perspectives.
coherence and cohesion
The logical structure is coherent, with a clear progression of ideas from introduction to conclusion.
task achievement
The provision of specific examples, such as emergency medical expenses and unique experiences like travel, adds relevance and specificity to the arguments.

Word Count

IELTS says that you should write a minimum of 250 words in writing task 2. If you go under word count you will lose marks in task response.

A very long essay will not give you a higher band score.

Aim for between 260 to 290 words in writing task 2. This will ensure a concise essay and will be realistic in terms of time management. You have only 40 minutes to write the essay and you need around 10 minutes of planning time, so you will not be able to write a long essay in 30 minutes.

Discover more tips in The Ultimate Guide to Get a Target Band Score of 7+ »— a book that's free for 🚀 Premium users.

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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