Some people think that it is better for a country’s economy for people to spend money while others believe that it would be better for people to save money. Discuss both sides and give your opinion.
A few believe that spending money has positive effects on a country’s economy, while others feel that saving money would be a better choice. I strongly advocate the opinion that cutting down on lavish expenses would be beneficial to an individual. This essay discusses the positive and negative aspects of squandering money.
On one hand, spending money helps in boosting a country’s economy. It is true that consumer spending helps in improving a country’s economy as all the goods that we purchase are subjected to taxes, and hence buying more and more products would increase the amount of taxes that could be collected by the government. This money so collected can be used for the benefit of the public like constructing roads, schools, and parks which would help in improving our standard of living.
On the other hand, there are a number of personal benefits associated with saving money. Being a spendthrift can result in bankruptcy. In the current modern era, we humans look for ways to save our hard-earned money for our future use as the cost of living is skyrocketing day by day. Furthermore, this money can be invested in a bank to earn a small interest. For instance, Canara bank provides a 5% interest per annum on the principle sum so invested which means that a person can earn 5% of the total amount of money per annum. This money so saved could be spent on other important aspects like education which surely is an expensive affair in the present day. The money so saved can be utilized during emergency situations. Hence, saving money is proven to be beneficial.
In a nutshell, saving money is more beneficial than spending it on improving a nation’s economy as there are other ways to boost it.
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Transition Words or Phrases used:
furthermore, hence, if, look, so, while, for instance, it is true, on the other hand
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 17.0 13.1623246493 129% => OK
Auxiliary verbs: 11.0 7.85571142285 140% => OK
Conjunction : 4.0 10.4138276553 38% => More conjunction wanted.
Relative clauses : 10.0 7.30460921844 137% => OK
Pronoun: 20.0 24.0651302605 83% => OK
Preposition: 36.0 41.998997996 86% => OK
Nominalization: 3.0 8.3376753507 36% => More nominalizations (nouns with a suffix like: tion ment ence ance) wanted.
Performance on vocabulary words:
No of characters: 1440.0 1615.20841683 89% => OK
No of words: 296.0 315.596192385 94% => More content wanted.
Chars per words: 4.86486486486 5.12529762239 95% => OK
Fourth root words length: 4.14784890444 4.20363070211 99% => OK
Word Length SD: 2.69518379798 2.80592935109 96% => OK
Unique words: 154.0 176.041082164 87% => More unique words wanted.
Unique words percentage: 0.52027027027 0.561755894193 93% => More unique words wanted or less content wanted.
syllable_count: 450.0 506.74238477 89% => OK
avg_syllables_per_word: 1.5 1.60771543086 93% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 7.0 5.43587174349 129% => OK
Article: 2.0 2.52805611222 79% => OK
Subordination: 1.0 2.10420841683 48% => OK
Conjunction: 2.0 0.809619238477 247% => Less conjunction wanted as sentence beginning.
Preposition: 4.0 4.76152304609 84% => OK
Performance on sentences:
How many sentences: 15.0 16.0721442886 93% => OK
Sentence length: 19.0 20.2975951904 94% => OK
Sentence length SD: 54.3607701687 49.4020404114 110% => OK
Chars per sentence: 96.0 106.682146367 90% => OK
Words per sentence: 19.7333333333 20.7667163134 95% => OK
Discourse Markers: 5.6 7.06120827912 79% => OK
Paragraphs: 4.0 4.38176352705 91% => OK
Language errors: 0.0 5.01903807615 0% => OK
Sentences with positive sentiment : 13.0 8.67935871743 150% => OK
Sentences with negative sentiment : 1.0 3.9879759519 25% => More negative sentences wanted.
Sentences with neutral sentiment: 1.0 3.4128256513 29% => More facts, knowledge or examples wanted.
What are sentences with positive/Negative/neutral sentiment?
Coherence and Cohesion:
Essay topic to essay body coherence: 0.33047783382 0.244688304435 135% => OK
Sentence topic coherence: 0.120850428522 0.084324248473 143% => OK
Sentence topic coherence SD: 0.065898548261 0.0667982634062 99% => OK
Paragraph topic coherence: 0.205182596351 0.151304729494 136% => OK
Paragraph topic coherence SD: 0.0553749054876 0.056905535591 97% => OK
Essay readability:
automated_readability_index: 11.3 13.0946893788 86% => Automated_readability_index is low.
flesch_reading_ease: 60.65 50.2224549098 121% => OK
smog_index: 3.1 7.44779559118 42% => Smog_index is low.
flesch_kincaid_grade: 9.5 11.3001002004 84% => OK
coleman_liau_index: 10.91 12.4159519038 88% => OK
dale_chall_readability_score: 8.42 8.58950901804 98% => OK
difficult_words: 72.0 78.4519038076 92% => OK
linsear_write_formula: 11.0 9.78957915832 112% => OK
gunning_fog: 9.6 10.1190380762 95% => OK
text_standard: 11.0 10.7795591182 102% => OK
What are above readability scores?
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Rates: 61.797752809 out of 100
Scores by essay e-grader: 5.5 Out of 9
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Note: the e-grader does NOT examine the meaning of words and ideas. VIP users will receive further evaluations by advanced module of e-grader and human graders.