This section presents a professionally wirtten variation of your essay and highlights the differences.
It is a common belief that saving money would be beneficial for every individual including younger generations. People who side with this idea, often fear rainy days, such as sudden illnesses or natural incidents that their occurrence is impossible to predict. In this essay, I will discuss my disagreement towards laying money aside and argue why I believe that this type of financial behavior is an impractical piece of advice, considering inflation in today’s global economy.
It is a common belief that saving money is beneficial for every individual, including younger generations. Those who support this idea often fear unforeseen circumstances, such as sudden illnesses or natural disasters, which are impossible to predict. In this essay, I will discuss my disagreement with the notion of setting money aside and argue why I believe that this type of financial behavior is impractical, particularly in light of inflation in today’s global economy.
Back in the day, Generation Z were encouraged to put their spare change in piggy banks. Nowadays, people from this generation who just started their professional journey disapprove of saving for their future. They use their income on short trips, buying fancy items and et cetra; which is due to witnessing money losing its value over time. In fact, younger generations realized that no matter how much money they save throughout a year, as time passes, the amount of laid money is not as valuable as it was last year. Consequently, Generation z decided to use their cash for shot-term purposes.
In the past, Generation Z was encouraged to put their spare change in piggy banks. However, many individuals from this generation, who have just begun their professional journeys, disapprove of saving for the future. They tend to spend their income on short trips, luxury items, and other immediate pleasures, largely due to the perception that money is losing its value over time. In fact, younger generations have come to realize that no matter how much money they save throughout the year, the purchasing power of that money diminishes as time passes. Consequently, Generation Z has opted to use their cash for short-term purposes.
In addition, a practical solution would be creating an investing portfolio as advised by many economists. If circumstances are right and the investment does not fail, it is likely that investors not only overcome inflation, but also take a noticeable profit. Moreover, upon unfortunate events, individuals can stop investment and take their money back.
Furthermore, a more practical solution would be to create an investment portfolio, as advised by many economists. If the circumstances are favorable and the investment does not fail, it is likely that investors can not only outpace inflation but also achieve significant profits. Moreover, in the event of unforeseen circumstances, individuals can halt their investments and withdraw their funds.
In conclusion, laying money aside has been proved to disappoint younger generations because of the value of the money which decreases, yearly. Although many still insist on saving for the future, there are better alternatives to overcome financial problems, which are far more profitable than saving it. Furthuremore, I firmly believe investmet must be taken more seriously rather than saving.
In conclusion, setting money aside has proven to be disappointing for younger generations due to the annual decrease in the value of money. Although many still advocate for saving for the future, there are more effective alternatives to address financial challenges that are far more profitable than traditional saving methods. Furthermore, I firmly believe that investment should be taken more seriously than mere saving.