With earning comes expenses. However, it does not necessarily mean that a high earner needs to spend higher as well. While spending, wise decisions are to be made in order to prevent prodigalness. Many people would love to spend moey in short lived pleaseure for enjoyment. But, I would prefer to spend money in long lasting goods. It is so because of various reasons which I will be advocating below.
First, we are well known 'Money attracts Money.' The more we invest the more our wealth grows. Investing in pleasures and expenses are also important, however they do not aid in increament of wealth. Thus, wise investment in long term assets like jwellery, shares and real-state would make us more welthier. I can relate one of my personal example. Before start of this COVID pandemic, some of my friends including me made plan to visit a tourist area near my locality. But, unfortunately because of lockdown we couldnot go. So, the budget that I had for travelling, I spent it in share market. Now, the value of my money has doubled. Had I spent my money in travels at that time, I wouldnot have doubled money. Thus, investing in longlasting goods helps us to grow richer.
Second, spending money in longterm goods provides security of future. As human life is uncertain, we can't predict future. So, it is necessary to preserve money. Spending money in perpetual goods instills our habit of wise spending and saving for future. For instance, if I spend all of my sallary partying and drinking whole night, I will not have money to fulfill my necessities. I would have to ask for loans which would do nothing but worsen by situation. Instead, if I spend it in buying jwellery or vehicles, I can sell these goods when I need money the most. Although, I would get scrap value, at least I will have some securities. Thus, it helps in cementing my future.
Finally, spending money in short term pleasure would drain my money. I would not get satisfied with the spendings as I would not be able to enjoy the facility much longer. My wealth will dry out within a blink of eye. However, If I spend in long lasting goods, I can enjoy the facility much longer. Draining of money would not be prodigious. It aids in controlling my expenses. For example, What will be the joy in spending $50,000 for a night in an expensive seven star hotle in Dubai? Instead, busying a Tesla car would provide more facility and I would have more time to entertain the facility. Thus, I feel spending money in short term goods is just reckless, lavish spending
Therefore, it would be wise to spend money in long lasting products. Spending in Shares and realstate business would help us grow our economy. There is no pleasure in one time spending of hefty amount money. Instead, investing it in long lasting products would be much better. Not only this, wise investment would help us to intall thye hapit of saving and make out future more secured.
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Grammar and spelling errors:
Line 1, column 109, Rule ID: COMP_THAN[3]
Message: Comparison requires 'than', not 'then' nor 'as'.
Suggestion: than
...hat a high earner needs to spend higher as well. While spending, wise decisions ar...
^^
Line 3, column 101, Rule ID: CANT[1]
Message: Did you mean 'can't' or 'cannot'?
Suggestion: can't; cannot
... future. As human life is uncertain, we cant predict future. So, it is necessary to ...
^^^^
Transition Words or Phrases used:
also, but, finally, first, however, if, second, so, still, therefore, thus, well, while, at least, for example, for instance, i feel, in short
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 15.0 15.1003584229 99% => OK
Auxiliary verbs: 25.0 9.8082437276 255% => Less auxiliary verb wanted.
Conjunction : 9.0 13.8261648746 65% => OK
Relative clauses : 6.0 11.0286738351 54% => More relative clauses wanted.
Pronoun: 60.0 43.0788530466 139% => Less pronouns wanted
Preposition: 64.0 52.1666666667 123% => OK
Nominalization: 6.0 8.0752688172 74% => OK
Performance on vocabulary words:
No of characters: 2408.0 1977.66487455 122% => OK
No of words: 516.0 407.700716846 127% => OK
Chars per words: 4.66666666667 4.8611393121 96% => OK
Fourth root words length: 4.76609204519 4.48103885553 106% => OK
Word Length SD: 2.51861646157 2.67179642975 94% => OK
Unique words: 252.0 212.727598566 118% => OK
Unique words percentage: 0.488372093023 0.524837075471 93% => More unique words wanted or less content wanted.
syllable_count: 739.8 618.680645161 120% => OK
avg_syllables_per_word: 1.4 1.51630824373 92% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 20.0 9.59856630824 208% => Less pronouns wanted as sentence beginning.
Article: 3.0 3.08781362007 97% => OK
Subordination: 6.0 3.51792114695 171% => OK
Conjunction: 0.0 1.86738351254 0% => OK
Preposition: 3.0 4.94265232975 61% => OK
Performance on sentences:
How many sentences: 39.0 20.6003584229 189% => OK
Sentence length: 13.0 20.1344086022 65% => The Avg. Sentence Length is relatively short.
Sentence length SD: 28.7947462152 48.9658058833 59% => The essay contains lots of sentences with the similar length. More sentence varieties wanted.
Chars per sentence: 61.7435897436 100.406767564 61% => OK
Words per sentence: 13.2307692308 20.6045352989 64% => OK
Discourse Markers: 3.64102564103 5.45110844103 67% => OK
Paragraphs: 5.0 4.53405017921 110% => OK
Language errors: 2.0 5.5376344086 36% => OK
Sentences with positive sentiment : 28.0 11.8709677419 236% => Less positive sentences wanted.
Sentences with negative sentiment : 2.0 3.85842293907 52% => More negative sentences wanted.
Sentences with neutral sentiment: 9.0 4.88709677419 184% => OK
What are sentences with positive/Negative/neutral sentiment?
Coherence and Cohesion:
Essay topic to essay body coherence: 0.270448725262 0.236089414692 115% => OK
Sentence topic coherence: 0.0760048509363 0.076458572812 99% => OK
Sentence topic coherence SD: 0.0830743863246 0.0737576698707 113% => OK
Paragraph topic coherence: 0.178535702384 0.150856017488 118% => OK
Paragraph topic coherence SD: 0.0390394946965 0.0645574589148 60% => OK
Essay readability:
automated_readability_index: 7.2 11.7677419355 61% => Automated_readability_index is low.
flesch_reading_ease: 75.2 58.1214874552 129% => OK
smog_index: 3.1 6.10430107527 51% => Smog_index is low.
flesch_kincaid_grade: 6.0 10.1575268817 59% => Flesch kincaid grade is low.
coleman_liau_index: 8.92 10.9000537634 82% => OK
dale_chall_readability_score: 8.01 8.01818996416 100% => OK
difficult_words: 122.0 86.8835125448 140% => OK
linsear_write_formula: 5.0 10.002688172 50% => Linsear_write_formula is low.
gunning_fog: 7.2 10.0537634409 72% => OK
text_standard: 9.0 10.247311828 88% => OK
What are above readability scores?
---------------------
Rates: 73.3333333333 out of 100
Scores by essay e-grader: 22.0 Out of 30
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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.