Is it better to enjoy your money when you earn it or is it better to save your money for some time in the future Use specific reasons and examples to support your opinion

Essay topics:

Is it better to enjoy your money when you earn it or is it better to save your money for some time in the future? Use specific reasons and examples to support your opinion.

Some people save money for some time in the future whereas some people spend whole and enjoy the present. I think it is better to save money for the future time. There are several reasons which support my opinion and make it strengthen.

First, in growing families savings can be useful when new babies take birth or children take admission in school. There are many parents who collect money before planning for a baby because they have to cover all expenses of a new member. Similarly school education and college admissions are also very challenging without savings. I had seen in my family my parents bought a couple of real estate properties to save money for my higher studies.

Second, it may not be possible to get everything with the current salary and everyone has their own desires. For example, I want to learn scuba diving which is not possible for me with my current monthly salary. After doing monthly expenditures the remaining amount is a little so
I am reserving my savings account and then using it for a scuba diving adventure. Correspondingly, to buy a house or expensive car or for start up people need some money for down payment before financing it then the capital helps a lot.

Third, the future is unpredictable and to come out from adverse situations having a piggy bank is a good idea. In the near future anything can happen such as accidents, layoffs in the company, inflation in the market and so on and to fight these situations I try to put thirty percent of my salary into my savings. For instance in times of COVID 19 world spread pandemic people lost their jobs and due to which they had no money to pay rent and buy basic needs. If they had savings then they could do better in such a situation of pandemic.

Finally, these are a few reasons from bulk which reflects how savings are important in life. People can directly save money or they can spend it in the market by buying shares to preserve for future plans and future unexpectedness.

Votes
Average: 7 (1 vote)
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Essays by user AMARDEEP KOUR GEDHU :

Comments

Grammar and spelling errors:
Line 3, column 240, Rule ID: SENT_START_CONJUNCTIVE_LINKING_ADVERB_COMMA[1]
Message: Did you forget a comma after a conjunctive/linking adverb?
Suggestion: Similarly,
... to cover all expenses of a new member. Similarly school education and college admissions...
^^^^^^^^^
Line 5, column 139, Rule ID: AFFORD_VB[1]
Message: This verb is used with the infinitive: 'to scuba'
Suggestion: to scuba
...n desires. For example, I want to learn scuba diving which is not possible for me wit...
^^^^^
Line 5, column 281, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...ures the remaining amount is a little so I am reserving my savings account and th...
^^^
Line 8, column 463, Rule ID: SENTENCE_FRAGMENT[1]
Message: “If” at the beginning of a sentence requires a 2nd clause. Maybe a comma, question or exclamation mark is missing, or the sentence is incomplete and should be joined with the following sentence.
... money to pay rent and buy basic needs. If they had savings then they could do bet...
^^
Line 8, column 542, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...better in such a situation of pandemic. Finally, these are a few reasons from bu...
^^^^^

Transition Words or Phrases used:
also, finally, first, if, may, second, similarly, so, then, third, whereas, for example, for instance, i think, such as

Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments

Performance on Part of Speech:
To be verbs : 12.0 15.1003584229 79% => OK
Auxiliary verbs: 7.0 9.8082437276 71% => OK
Conjunction : 15.0 13.8261648746 108% => OK
Relative clauses : 6.0 11.0286738351 54% => More relative clauses wanted.
Pronoun: 29.0 43.0788530466 67% => OK
Preposition: 43.0 52.1666666667 82% => OK
Nominalization: 5.0 8.0752688172 62% => OK

Performance on vocabulary words:
No of characters: 1639.0 1977.66487455 83% => OK
No of words: 353.0 407.700716846 87% => More content wanted.
Chars per words: 4.64305949008 4.8611393121 96% => OK
Fourth root words length: 4.33454660006 4.48103885553 97% => OK
Word Length SD: 2.49603526431 2.67179642975 93% => OK
Unique words: 197.0 212.727598566 93% => More unique words wanted.
Unique words percentage: 0.558073654391 0.524837075471 106% => OK
syllable_count: 522.0 618.680645161 84% => OK
avg_syllables_per_word: 1.5 1.51630824373 99% => OK

A sentence (or a clause, phrase) starts by:
Pronoun: 6.0 9.59856630824 63% => OK
Article: 1.0 3.08781362007 32% => OK
Subordination: 2.0 3.51792114695 57% => OK
Conjunction: 0.0 1.86738351254 0% => OK
Preposition: 4.0 4.94265232975 81% => OK

Performance on sentences:
How many sentences: 17.0 20.6003584229 83% => Need more sentences. Double check the format of sentences, make sure there is a space between two sentences, or have enough periods. And also check the lengths of sentences, maybe they are too long.
Sentence length: 20.0 20.1344086022 99% => OK
Sentence length SD: 34.5245512162 48.9658058833 71% => OK
Chars per sentence: 96.4117647059 100.406767564 96% => OK
Words per sentence: 20.7647058824 20.6045352989 101% => OK
Discourse Markers: 7.0 5.45110844103 128% => OK
Paragraphs: 6.0 4.53405017921 132% => Less paragraphs wanted.
Language errors: 5.0 5.5376344086 90% => OK
Sentences with positive sentiment : 13.0 11.8709677419 110% => OK
Sentences with negative sentiment : 2.0 3.85842293907 52% => More negative sentences wanted.
Sentences with neutral sentiment: 2.0 4.88709677419 41% => OK
What are sentences with positive/Negative/neutral sentiment?

Coherence and Cohesion:
Essay topic to essay body coherence: 0.259404186492 0.236089414692 110% => OK
Sentence topic coherence: 0.092941167657 0.076458572812 122% => OK
Sentence topic coherence SD: 0.0940100122139 0.0737576698707 127% => OK
Paragraph topic coherence: 0.149135632381 0.150856017488 99% => OK
Paragraph topic coherence SD: 0.114472219765 0.0645574589148 177% => OK

Essay readability:
automated_readability_index: 10.8 11.7677419355 92% => Automated_readability_index is low.
flesch_reading_ease: 59.64 58.1214874552 103% => OK
smog_index: 3.1 6.10430107527 51% => Smog_index is low.
flesch_kincaid_grade: 9.9 10.1575268817 97% => OK
coleman_liau_index: 9.63 10.9000537634 88% => OK
dale_chall_readability_score: 7.58 8.01818996416 95% => OK
difficult_words: 66.0 86.8835125448 76% => More difficult words wanted.
linsear_write_formula: 6.5 10.002688172 65% => OK
gunning_fog: 10.0 10.0537634409 99% => OK
text_standard: 10.0 10.247311828 98% => OK
What are above readability scores?

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Rates: 70.0 out of 100
Scores by essay e-grader: 21.0 Out of 30
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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.