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Many people prefer to spend money and not save it. What are the reasons? Is this positive or negative development? v.3

Many people prefer to spend money and not save it. What are the reasons? Is this positive or negative development? v. 3
A lot of people these days do not keep any savings and spend a lot of money. First, this essay will discuss the positive impacts. Then, it will shed a light on the negative impacts. On one hand, many people like to spend more because almost everyone today thinks it is necessary to live in the moment rather than save for the future. Many psychologists thing this way of living is essential as it keeps a person stress free. One of the best examples of this situation is that public today loves to travel, the need to explore has expanded, they see it as a way to invest in themselves. For example, travel and leisure magazine 2018 wrote that atleast 50% people prefer travelling to stay tension free and 40% of these, love living in the moment and without worrying about the future. On the other hand, there are many drawbacks of this. A large number of people think that saving is very important because that money can be used for any emergencies like health issues. Climate change is also affecting the life of lots of people, most of them think that you never know what the future holds and what impacts it has on lives, savings is one such solution that can help anybody, even the rich or the poor to get through any situation. A survey by times now India found that atleast 70%-80% people in India save money, while the rest 20% don’t. Same survey found that the 20% suffer more from problems. In conclusion, spending has various impacts on the society and people have different opinions regarding it. In my view, it is necessary the save more and spend less because we never know what the future holds.
This phrase/word is too simple and can be replaced with:
A lot of
You use this word too often, consider replacing it with
people
these days do not
This phrase/word (depending on the context) can be potentially replaced with :
keep
any savings and spend
This phrase/word is too simple and can be replaced with:
a lot of
money.
First
, this essay will discuss the
This phrase/word is too simple and can be replaced with:
positive
impacts. Then, it will shed a light on the
This phrase/word is too simple and can be replaced with:
negative
impacts.

On one hand,
This phrase/word is too simple and can be replaced with:
many
You use this word too often, consider replacing it with
people
like to spend more
This phrase/word is too simple and can be replaced with:
because
almost everyone
This phrase/word (depending on the context) can be potentially replaced with :
today
This phrase/word (depending on the context) can be potentially replaced with :
thinks
it is necessary to
This phrase/word (depending on the context) can be potentially replaced with :
live
Did you mean "at the moment" (=currently)?
in the moment
rather
than save for the future.
This phrase/word is too simple and can be replaced with:
Many
Apostrophe might be missing. Did you mean "psychologists'" or "psychologist's"?
psychologists
thing this way of living is essential as it
This phrase/word (depending on the context) can be potentially replaced with :
keeps
a person
This phrase/word (depending on the context) can be potentially replaced with :
stress
free. One of the best examples of this situation is that public
This phrase/word (depending on the context) can be potentially replaced with :
today
This phrase/word (depending on the context) can be potentially replaced with :
loves
to travel, the need to explore has expanded, they
This phrase/word (depending on the context) can be potentially replaced with :
see
it as a way to invest in themselves.
For example
, travel and leisure magazine 2018 wrote that
Possible spelling mistake found.
atleast
50%
You use this word too often, consider replacing it with
people
prefer travelling to stay tension free and 40% of these,
This phrase/word (depending on the context) can be potentially replaced with :
love
living
Did you mean "at the moment" (=currently)?
in the moment
and without worrying about the future.

On the other hand
, there are
This phrase/word is too simple and can be replaced with:
many
drawbacks of this.
Specify a number, remove phrase, or simply use "many" or "numerous"
A large number of
You use this word too often, consider replacing it with
people
This phrase/word (depending on the context) can be potentially replaced with :
think
that saving is
This phrase/word is too simple and can be replaced with:
very
This phrase/word is too simple and can be replaced with:
important
This phrase/word is too simple and can be replaced with:
because
that money can be
This phrase/word (depending on the context) can be potentially replaced with :
used
for any emergencies like health issues. Climate
This phrase/word (depending on the context) can be potentially replaced with :
change
is
also
affecting the life of lots of
You use this word too often, consider replacing it with
people
, most of them
This phrase/word (depending on the context) can be potentially replaced with :
think
that you never know what the future holds and what impacts it has on
This phrase/word (depending on the context) can be potentially replaced with :
lives
, savings is one such solution that can
This phrase/word (depending on the context) can be potentially replaced with :
help
anybody, even the rich or the poor to
This phrase/word (depending on the context) can be potentially replaced with :
get
through any situation. A survey by times
This phrase/word (depending on the context) can be potentially replaced with :
now
India found that
Possible spelling mistake found.
atleast
70%-80%
You use this word too often, consider replacing it with
people
in India save money, while the rest 20% don’t. Same survey found that the 20% suffer more from problems.

In conclusion
, spending has various impacts on the society and
You use this word too often, consider replacing it with
people
have
This phrase/word is too simple and can be replaced with:
different
opinions regarding it. In my view, it is necessary the save more and spend less
This phrase/word is too simple and can be replaced with:
because
we never know what the future holds.
6Linking words, meeting the goal of 7 or more
7Repeated words, meeting the goal of 3 or fewer
6Mistakes
A man who knows two languages is worth two men.
French Proverb

IELTS essay Many people prefer to spend money and not save it. What are the reasons? Is this positive or negative development? v. 3

Essay
  American English
4 paragraphs
292 words
6.5
Overall Band Score
Coherence and Cohesion: 6.5
  • Structure your answers in logical paragraphs
  • ?
    One main idea per paragraph
  • Include an introduction and conclusion
  • Support main points with an explanation and then an example
  • Use cohesive linking words accurately and appropriately
  • Vary your linking phrases using synonyms
Lexical Resource: 5.0
  • Try to vary your vocabulary using accurate synonyms
  • Use less common question specific words that accurately convey meaning
  • Check your work for spelling and word formation mistakes
Grammatical Range: 6.5
  • Use a variety of complex and simple sentences
  • Check your writing for errors
Task Achievement: 6.0
  • Answer all parts of the question
  • ?
    Present relevant ideas
  • Fully explain these ideas
  • Support ideas with relevant, specific examples
Labels Descriptions
  • ?
    Currently is not available
  • Meet the criteria
  • Doesn't meet the criteria
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