It is important for everyone, including young people, to save money for the future. To what extent do you agree or disagree with this statement?


You should spend around 40 minutes on this task.

Write about the following topic:

It is important for everyone, including young people, to save money for the future.

To what extent do you agree or disagree with this statement?

Give reasons for your answer and include any relevant examples from your own knowledge and experience.

Write at least 250 words.

It is important for everyone, including young people, to save money for the future. To what extent do you agree or disagree with this statement?

The idea that everyone, including young people, should save money for the future is often emphasized as a crucial financial habit. While some may argue that young people should focus on enjoying life and gaining experiences, I strongly agree that saving money from an early age is essential for long-term financial security and independence.

Firstly, saving money from a young age helps build a strong foundation for financial stability. Young people who develop the habit of saving early are more likely to continue this practice throughout their lives. This not only prepares them for unexpected expenses, such as medical emergencies or job loss, but also allows them to take advantage of investment opportunities that can grow their wealth over time. A secure financial future can provide peace of mind and reduce stress, as individuals are better prepared to handle life’s uncertainties.

Moreover, saving money enables young people to achieve long-term goals, such as buying a home, starting a business, or pursuing higher education. These goals often require significant financial resources, which can be challenging to accumulate without a consistent saving plan. By saving early, young people can avoid relying on debt, such as loans or credit cards, which can lead to financial strain and limit their future opportunities.

Some may argue that young people should prioritize experiences over saving, as they have their whole lives ahead of them. While it is important to enjoy life, it is equally important to strike a balance between spending and saving. Learning to manage money wisely at a young age can lead to a more fulfilling and financially secure future.

In conclusion, saving money is a crucial habit that everyone, including young people, should develop. It provides financial security, helps achieve long-term goals, and fosters a sense of responsibility. Therefore, I strongly agree that saving for the future is important for all individuals.

How to score?

In IELTS exams, an essay that can get you a score of 7.0 or higher needs to have certain prescribed features.

First of all, the essay has to answer all parts of the question in logically-developed and well-supported argumentative paragraphs.

Secondly, it needs to use discourse markers and cohesive devices for coherence.

Thirdly, there should a wide range of sophisticated vocabulary.

And lastly, the essay should be composed of error-free sentences, including some complex grammatical structures.

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