Many people believe that they should spend their money to enjoy life at present. Others, however, think that they should save it for the future. Discuss both views and give your own opinion.
Finding the best approach to spending money in life is a controversial issue. Although contested by many that the matter of saving money for the future is highly beneficial, such issue is regarded thoroughly negative by a substantial number of individuals. This essay is going to debate both points of views and then determine my own perspective as a person who agrees with saving money for the future self.
Saving money for the future self might have enormous positive impacts on future plus development for the person in the present self. It means a person who neglects spending money irrationally, has a great self-control skill which others need to make commitment devices in order to achieve or improve that trait. Additionally, it is quite evident that saving money could be beneficial as a pension for the retirement time. A good illustration for that could be the increase rate of welfare that pensioners have because of their wisely spending money in their past.
Otherwise, some people considered that extreme saving is a disease when you cannot enjoy your life. It is always a perfect trait to be a saver but you need that balance of being a spender too. In addition, some people resist saving money because they have loss aversion and frame mentally saving for retirement as a loss. Undoubtedly human beings hate losing stuff, so this notion of loss aversion kicks in when it comes to saving too. For instance, young generation believes that thinking about future prevents them from immediate gratification such as impulse shopping or buying their favorite car.
To conclude, While there are several compelling arguments on both sides, I profoundly believe that the benefits of being a save far outweigh its drawbacks. In my point of view having a balance and defining a budget not only allow you to have immediate gratification at present but also lead you to act wisely for the future life.
Transition Words or Phrases used:
also, but, if, so, then, while, for instance, in addition, such as
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 13.0 13.1623246493 99% => OK
Auxiliary verbs: 6.0 7.85571142285 76% => OK
Conjunction : 7.0 10.4138276553 67% => OK
Relative clauses : 14.0 7.30460921844 192% => OK
Pronoun: 29.0 24.0651302605 121% => Less pronouns wanted
Preposition: 34.0 41.998997996 81% => OK
Nominalization: 12.0 8.3376753507 144% => OK
Performance on vocabulary words:
No of characters: 1597.0 1615.20841683 99% => OK
No of words: 320.0 315.596192385 101% => OK
Chars per words: 4.990625 5.12529762239 97% => OK
Fourth root words length: 4.22948505376 4.20363070211 101% => OK
Word Length SD: 2.69959306829 2.80592935109 96% => OK
Unique words: 184.0 176.041082164 105% => OK
Unique words percentage: 0.575 0.561755894193 102% => OK
syllable_count: 508.5 506.74238477 100% => OK
avg_syllables_per_word: 1.6 1.60771543086 100% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 5.0 5.43587174349 92% => OK
Article: 1.0 2.52805611222 40% => OK
Subordination: 2.0 2.10420841683 95% => OK
Conjunction: 0.0 0.809619238477 0% => OK
Preposition: 3.0 4.76152304609 63% => OK
Performance on sentences:
How many sentences: 14.0 16.0721442886 87% => OK
Sentence length: 22.0 20.2975951904 108% => OK
Sentence length SD: 32.0389590649 49.4020404114 65% => OK
Chars per sentence: 114.071428571 106.682146367 107% => OK
Words per sentence: 22.8571428571 20.7667163134 110% => OK
Discourse Markers: 4.71428571429 7.06120827912 67% => OK
Paragraphs: 4.0 4.38176352705 91% => OK
Language errors: 0.0 5.01903807615 0% => OK
Sentences with positive sentiment : 11.0 8.67935871743 127% => OK
Sentences with negative sentiment : 3.0 3.9879759519 75% => OK
Sentences with neutral sentiment: 0.0 3.4128256513 0% => More facts, knowledge or examples wanted.
What are sentences with positive/Negative/neutral sentiment?
Coherence and Cohesion:
Essay topic to essay body coherence: 0.271394134516 0.244688304435 111% => OK
Sentence topic coherence: 0.0916627589781 0.084324248473 109% => OK
Sentence topic coherence SD: 0.0443338737794 0.0667982634062 66% => OK
Paragraph topic coherence: 0.158643788967 0.151304729494 105% => OK
Paragraph topic coherence SD: 0.0237299101864 0.056905535591 42% => Paragraphs are similar to each other. Some content may get duplicated or it is not exactly right on the topic.
Essay readability:
automated_readability_index: 13.5 13.0946893788 103% => OK
flesch_reading_ease: 49.15 50.2224549098 98% => OK
smog_index: 8.8 7.44779559118 118% => OK
flesch_kincaid_grade: 11.9 11.3001002004 105% => OK
coleman_liau_index: 11.96 12.4159519038 96% => OK
dale_chall_readability_score: 8.58 8.58950901804 100% => OK
difficult_words: 78.0 78.4519038076 99% => OK
linsear_write_formula: 11.0 9.78957915832 112% => OK
gunning_fog: 10.8 10.1190380762 107% => OK
text_standard: 11.0 10.7795591182 102% => OK
What are above readability scores?
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Rates: 78.6516853933 out of 100
Scores by essay e-grader: 7.0 Out of 9
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Note: the e-grader does NOT examine the meaning of words and ideas. VIP users will receive further evaluations by advanced module of e-grader and human graders.