Many people prefer to spend money and not save it. What are the reasons? Is it a positive or negative development?
Globalization has affected various aspects of countries, not to mention its impact on the way people used to think regarding saving for future. At present, nations initiated no-border policy along with social welfare schemes which indirectly made many people find it worth spending the income than saving for later time. Such thought can bring good changes in the community.
Formulation and implementation of proposal to wipe-out border among nations can be considered hard-earned achievements of governments. This action enables countrymen to travel among different landscapes without much hussle, so the barrier in international-tourism is absent, but then again, this marvelous opportunity to mix-up with international cultures is expensive. As a result, citizens spend their savings to become an active member of cosmopolitan community. The emergence of Shenzhen visa can be considered as example, where dwellers of European countries can not only travel in any member countries, but also work and stay for indefinite period of time, so the cost of mobility is making it impossible to save money. Staying in foreign countries is costly, making public unable to save currency.
The development of public welfare schemes has also emerged to be very effective for old agers. Dynamic medical insurance schemes coupled with pension schemes for senior citizens ensures peace-of-mind of general civilians. As the prime concern to save money was to cover the medical treatments and expenses of later life, young people has less interest to start Deposit Pension Schemes for future. In France, for example, the number of deposit accounts has dropped to 60% in 2017 than that of 2004. Rather than saving a part of their income, young workers focus on personal development and entertainment. The availability of welfare schemes for general public gives them reason not to save for future.
To conclude, Change in public opinion about saving for future is positive considering the money is being spent in international travels and personal developments. Furthermore, nobody is going to be affected financially because of the availability of health insurance and pension schemes.
| Post date | Users | Rates | Link to Content |
|---|---|---|---|
| 2019-11-10 | nainsi1991@gmail.com | 73 | view |
| 2019-11-10 | nainsi1991@gmail.com | 73 | view |
| 2019-10-18 | vutum | 84 | view |
| 2019-10-01 | hpsk71 | 73 | view |
| 2019-09-04 | nexdaka | 61 | view |
- Demand for food is increasing worldwide.What is the cause of this? What measures can the international community take to meet this demand? 73
- In many places women are taking jobs which are traditionally done by men What do you think make these changes happen What s your opinion about it 58
- Many people prefer to spend money and not save it. What are the reasons? Is it a positive or negative development? 84
- Some countries spend a lot of money to make bicycle usage easier. Why is this? Is this the best solution to traffic congestion? 84
- Some people think that managers alone should take decisions in the company while others think that employees should be involved in the decision-making process. Discuss both views and give your own opinion. 84
Grammar and spelling errors:
Line 5, column 648, Rule ID: PERIOD_OF_TIME[1]
Message: Use simply 'period'.
Suggestion: period
..., but also work and stay for indefinite period of time, so the cost of mobility is making it i...
^^^^^^^^^^^^^^
Line 9, column 645, Rule ID: GENERAL_XX[1]
Message: Use simply 'public'.
Suggestion: public
...The availability of welfare schemes for general public gives them reason not to save for futur...
^^^^^^^^^^^^^^
Transition Words or Phrases used:
also, but, furthermore, if, regarding, so, then, well, as to, for example, as a result
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 13.0 13.1623246493 99% => OK
Auxiliary verbs: 4.0 7.85571142285 51% => OK
Conjunction : 8.0 10.4138276553 77% => OK
Relative clauses : 3.0 7.30460921844 41% => More relative clauses wanted.
Pronoun: 9.0 24.0651302605 37% => OK
Preposition: 56.0 41.998997996 133% => OK
Nominalization: 10.0 8.3376753507 120% => OK
Performance on vocabulary words:
No of characters: 1855.0 1615.20841683 115% => OK
No of words: 335.0 315.596192385 106% => OK
Chars per words: 5.53731343284 5.12529762239 108% => OK
Fourth root words length: 4.27820116611 4.20363070211 102% => OK
Word Length SD: 3.00622951645 2.80592935109 107% => OK
Unique words: 195.0 176.041082164 111% => OK
Unique words percentage: 0.582089552239 0.561755894193 104% => OK
syllable_count: 583.2 506.74238477 115% => OK
avg_syllables_per_word: 1.7 1.60771543086 106% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 2.0 5.43587174349 37% => OK
Article: 4.0 2.52805611222 158% => OK
Subordination: 2.0 2.10420841683 95% => OK
Conjunction: 2.0 0.809619238477 247% => Less conjunction wanted as sentence beginning.
Preposition: 3.0 4.76152304609 63% => OK
Performance on sentences:
How many sentences: 16.0 16.0721442886 100% => OK
Sentence length: 20.0 20.2975951904 99% => OK
Sentence length SD: 53.7772823202 49.4020404114 109% => OK
Chars per sentence: 115.9375 106.682146367 109% => OK
Words per sentence: 20.9375 20.7667163134 101% => OK
Discourse Markers: 5.375 7.06120827912 76% => OK
Paragraphs: 4.0 4.38176352705 91% => OK
Language errors: 2.0 5.01903807615 40% => OK
Sentences with positive sentiment : 12.0 8.67935871743 138% => OK
Sentences with negative sentiment : 3.0 3.9879759519 75% => OK
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: 0.179930816296 0.244688304435 74% => OK
Sentence topic coherence: 0.0562670502261 0.084324248473 67% => OK
Sentence topic coherence SD: 0.0494994715248 0.0667982634062 74% => OK
Paragraph topic coherence: 0.106593953646 0.151304729494 70% => OK
Paragraph topic coherence SD: 0.0349439004126 0.056905535591 61% => OK
Essay readability:
automated_readability_index: 15.1 13.0946893788 115% => OK
flesch_reading_ease: 42.72 50.2224549098 85% => OK
smog_index: 8.8 7.44779559118 118% => OK
flesch_kincaid_grade: 12.3 11.3001002004 109% => OK
coleman_liau_index: 14.85 12.4159519038 120% => OK
dale_chall_readability_score: 9.67 8.58950901804 113% => OK
difficult_words: 107.0 78.4519038076 136% => OK
linsear_write_formula: 12.0 9.78957915832 123% => OK
gunning_fog: 10.0 10.1190380762 99% => OK
text_standard: 10.0 10.7795591182 93% => OK
What are above readability scores?
---------------------
Rates: 84.2696629213 out of 100
Scores by essay e-grader: 7.5 Out of 9
---------------------
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.