It is a truth that, people of various age groups have a diversity in their thoughts. For example, the young generation always talks about spending money for its luxurious need like car, hotel, travel, etc. and the age old people are always of the feeling that instead of spending money senselessly, one should save and invest his money while one works, so that it could benefit them in the future.
If a person chooses to spend money during his formative years, he could enjoy his life to the fullest. Spending money in this case doesn't imply that he wants to live a materialistic life, it applies that he wants to enjoy his present life instead of thinking about his future. If a person thinks about saving and investing money so that it will be of great advantage for him in the future, he is killing his present day desires. He can spend money for his relaxation, recreation, enjoyment, getting energy and becoming enthusiastic for resuming his daily routine work once again, after a break. So, in this case, spending money in the present is better, than thinking about coming times ahead.
Just like every coin has two sides, there are also some demerits of choosing to spend money during the working period. If it happens that, he lives longer than what he had expected, or there happens to be some medical emergency like accident or a serious disease when he becomes older, there would be a financial crisis in his life. Then, he would realize the fact that he could have saved and invested some money, so that it could be of great advantage to him during such crisis. Although we agree, that by saving and investing money during our young ages, we are sacrificing our desires a little bit, but these sacrifices would be of great use to us in coming times.
Thus, we should do a proper planning of our budget earlier, so that we could spend our money more wisely and sensibly, so that we can not only enjoy our present day desires, but also we could live a less stressful life during our winter of life.
Thus, I shall conclude my essay by saying that " A stitch in time saves nine", that is, if we spend our money in a planned manner during our present, it would definitely be of help to us in the future. 
It is a truth that,  
people
 of various age groups have a diversity in their thoughts.  
For example
, the young generation always talks about  
spending
  money
 for its luxurious need like car, hotel, travel, etc. and the age  
old
  people
 are always of the feeling that  
instead
 of  
spending
  money
  senselessly
, one should save and invest his  
money
 while one works,  
so
 that it could benefit them in the future.
If a person chooses to  
spend
  money
 during his formative years, he could enjoy his  
life
 to the fullest.  
Spending
  money
  in this case
 doesn't imply that he wants to  
live
 a materialistic  
life
, it applies that he wants to enjoy his  
present
  life
  instead
 of thinking about his future. If a person  
thinks
 about saving and investing  
money
  so
 that it will be of great advantage for him in the future, he is killing his  
present
 day desires. He can  
spend
  money
 for his relaxation, recreation, enjoyment, getting energy and becoming enthusiastic for resuming his daily routine work once again, after a break.  
So
,  
in this case
,  
spending
  money
 in the  
present
 is better, than thinking about coming times ahead. 
Just
 like every coin has two sides, there are  
also
  some
 demerits of choosing to  
spend
  money
 during the working period. If it happens that, he  
lives
 longer than what he had  
expected
, or there happens to be  
some
 medical emergency like accident or a serious disease when he becomes older, there would be a financial crisis in his  
life
. Then, he would realize the fact that he could have saved and invested  
some
  money
,  
so
 that it could be of great advantage to him during such crisis. Although we  
agree
, that by saving and investing  
money
 during our young ages, we are sacrificing our desires a  
little bit
,  
but
 these sacrifices would be of great  
use
 to us in coming times. 
Thus
, we should do a proper planning of our budget earlier,  
so
 that we could  
spend
 our  
money
 more  
wisely
 and  
sensibly
,  
so
 that we can not  
only
 enjoy our  
present
 day desires,  
but
  also
 we could  
live
 a less stressful  
life
 during our winter of life. 
Thus
, I shall conclude my essay by saying that  
" 
A stitch in time saves nine 
"
,  
that is
, if we  
spend
 our  
money
 in a planned manner during our  
present
, it would definitely be of  
help
 to us in the future.