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Opinion

Band 7+: You should spend about 40 minutes on this task. Write at least 250 words. It is important for everyone, including young people, to save money for their future. To what extent do you agree or disagree with this statement?

Note: Both the topic and the essay were created by one of our users.

From a young age, we notice the importance of save money for our futures. This is mandatory to everyone to reach certain goals, or even to deal with some of the most common challenges in adult life.

I totally agree with the last idea. To support this, we can mention three big challenges. Firstly, the global economy changes quickly. In this changing world, it is a requirement take advantage of the steady periods and save money for future. For example, in Argentina, people save money using another currency (like dollars) to avoid, at least in a short period of time, the fluctuations originated by inflation. Secondly, day by day, houses´ prices increase. Especially in big cities, like Buenos Aires, Madrid or NYC, where the number of families is huge. To afford this situation, people tend to save money since earlier ages to rent or buy a house that can cost like twenties annually salaries. Finally, we are affronting a new AI-Era, where jobs change, are completely replaced by AI, or can disappeared, and workers have to adapt or move from a role to another quickly. In this context, the fight to find a new job is intense, and sometimes people need to take time to find new positions. This is one of the main reasons why people need to save money, to survive the uncertain periods.

In conclusion, everyone needs to save money to afford the cost of an expensive future.

Word Count: 241

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