TOEFL

Some people say that it is better to enjoy your money as soon as you earn it while others prefer

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: ANONYMOUS | Date: September 8, 2006 | Score:4.5 | => 5 or 6 Essays, Click Here <=

Some people say that it is better to enjoy your money as soon as you earn it while others prefer

Some people say that it is better to enjoy your money as soon as you earn it while others prefer to save the money for later. Its a difficult choice faced by lots of people because of the different attitudes they hold towards money. As far as I am concerned, I vote for the former choice, which is that it is better for one to enjoy his or her money as soon as it is earned. Spending money as soon as possible is my preference because of three reasons as follows.

First, we can observe easily in the modern society that the dominant philosophy nowadays is enjoy your life when you are still young. Most young adults like to work for a period of time and then go on for a trip to visit some places they have never been to. Those trips not only helps them to keep in shape but also provides them different kinds of knowledge and new perspective in looking at their environment. Other people spend the money for their leisure, which helps them to relax and go back to work with enough energy.

In the old days, it is said that people who save money in a bank understand the philosophy of thrift. Actually, economists say that in the modern world saving money in a bank is the quickest way to lose it. Moreover, none of the rich people became rich by getting interests from the bank. Living in a constantly changing world, we should adjust ourselves to accept the new ways of investing our money to different areas in order to get the most of it. That is probably the reason why most of the people nowadays put their money into business to get a better payback.

The third obvious reason why I prefer spending money rather than saving them is that it is part of the contribution for the economic growth in our country. If nobody has the needs to buy stuff from others and the market, nobody will think about how to produce useful products and sell them to make the most profits. Some countries continue to lower the interests in order to force people to spend their money and therefore benefit the society as well as the people themselves. In this broad view, I prefer spending money rather than saving them.

In conclusion, I prefer spending money because it benefits ourselves as well as people around us. Its also important for kids to know how to save money as a sense of thrift. Nevertheless, spending money is still the best way to make our lives enjoyable and worthwhile.




  • [Score & Analysis]


    Under the same topic

    Money Score: 4.5 June 30th, 2018 by RIO
    Some people think that saving up money for their later life is a better option than using it right after they have earned it. However, in my opinion, making use of the money you have earned can lea...Read more
    Cooperation Score: 6 May 30th, 2018 by kongbo1
    As modern world is developing by leaps and bounds, more and more employers and employees find that cooperative ability and leadership appear increasingly important in the workplaces. Actually, an i...Read more
    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
    Spending money wisely is important to lead a good life. It is tempting to spend it right away on something Score: 4 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...Read more
    Managing money Score: 4.5 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
    Needless to say, money is very important. Any little thing you need to do requires a certain amount of money. Score: 3.5 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

    Leave a Comment