TOEFL

spend or save

TOEFL Essay Topic 32 - 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.

Author: jaya swami | Date: May 10, 2007 | Score:5

In today's world money dominates our lives. Our bank accounts decide our position in the society we live in. Money buys respect, power and people. Without this pocketable paper, the world would probably stop revolving.It takes long hard work to to accumulate wealth. Some are bestowed with an...

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Under the same topic

Save money Score: 5 November 4th, 2017 by fda89df
There are probably a lot of people who support the statement, "It is better to enjoy your money when you earn it than to save your money for some time in the future." However, I cast doubt on the i...Read more
Money Score: 3.5 July 30th, 2017 by Hidhy

Spending money wisely is important to lead a good life. It is tempting to spend it right away on something fun but not necessary, but if we can save up the money for better usage, the benefits are greater. Thus, I personally think it is better to save my money for some time in the future.

Firstly, by saving up my money, I can spend it on something bigger and more beneficial. Instead of buying a comic book worth 400JPY every week, for example, I can buy an over 10,000JPY laptop in one year. By saving up my money little by little, I can have a bigger money pool in the end that can be invested something big, such as buying a house or studying abroad, things that bring greater benefits to me. Thus, I think it is better not to spend the money right away.

Secondly, putting some time to think about before purchasing prevents me from getting unnecessary stuff. By putting time, I can be more thoughtful about the usage of the money and avoid wasting my money. I experienced moving on my impulse when I went to the big sale and ended up getting clothes that I never wore. If I had been wise enough to put one day or two days to think over the purchase, I would not have bought them. From this experience, I believe it is better to save up money for wiser use in the future.

For the reasons discussed above, I think it is better to save my money for the future use. By saving up little by little, I can invest something more beneficial and also by putting time before getting something, I can better spend my money.

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Managing money Score: 4 July 24th, 2017 by dasa
Needless to say, money is imperative. Everything you need to do requires a certain amount of money. In this situation, should we need to learn how to manage money at a young age to responsible adul...Read more
Money Score: 3 July 23rd, 2017 by fadsaf
Needless to say, money is very important. Any little thing you need to do requires a certain amount of money. If you don’t use it correctly and wisely, you won’t save any of it and have a hard time...Read more
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? Score: 4.5 July 23rd, 2017 by fadsaf
New technologies have changed our way of life dramatically. In this situation, are our traditional skills being removed and forgotten? I believe they aren’t. Our skills coexist with advanced techno...Read more
Save money for the future Score: 2.5 May 14th, 2017 by Jay
While some people prefer to use their money they earn, I personally prefer to store for the future. This is because to buy a fancy house to live with my family. I will elaborate the idea with the f...Read more