It is said that every person must have some form of funds set aside. I fully agree with
this
statement, because the secured assets could help young adults in a moment of uncertainty, and Linking Words
to
build for the future.
Wrong verb form
apply
First,
encouraging everybody to save a part of their earnings is critical, so that they have some financial relief if stuck in an emergency. To explain, most calamities cannot be predicted, Linking Words
such
as a loss caused by a storm, or suddenly losing a job, or suddenly being afflicted with illness. Linking Words
For example
, a survey from 2020 showed that during the pandemic crisis, a large number of entry-level employees in Dubai had lost their jobs and were required to stay indoors. Yet, these residents were able to survive the nationwide emergency because their stashed-away reserves helped pay for the required groceries, utilities, and medications until they were re-employed.
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Next,
having stored reserves helps someone beginning their career gain financial credibility for the future. Every young employee is advised to consistently put their income into a bank account and save a portion of itLinking Words
,
doing so indicates stability. Punctuation problem
;
For instance
, when I started working, I religiously deposited a quarter of my paycheck as savings. As the amount grew over time, I qualified for loan grants to acquire cars, apartments, or even start a business. Linking Words
Thus
, having a saved amount allows even beginner-level staff members access to various growth and investment opportunities for their future development.
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To conclude
, I think having some form of money saved is mandatory for young and old people. It can help somebody survive in an hour of need, and it can act as a stepping stone towards a person’s economic goals.Linking Words