Many people prefer to spend money and not save it What are the reasons Is this a positive or negative development

Essay topics:

Many people prefer to spend money and not save it. What are the reasons? Is this a positive or negative development?

Countless people like to spend money rather than saving it. This essay will discuss the main reasons of this kind of tendency and try to clarify whether it is a positive or negative development.

The people who have got a lot of money loves to spend it for various purposes. First of all, to maintain the social status, rich people need to spend money for their lifestyles which are generally different from the average people. To travel from one place to another place, for instance, an aristocrat person uses helicopter. This not only upholds the image of the person but also indicates his monetary success. Furthermore, for the entertainment, many people spend money. Las Vegas can be a good example of it, where many visitors go for the refreshment and there is a little scope for savings.

The mentality to spend money rather than saving it is not a positive development. Firstly, spending money without thinking about future can create lots of troubles. The person may face poverty because of this. Secondly, aimless spending is not better than helping a needy person. For instance, a wealthy person can donate money in various charity organization for the welfare of others. In addition, at the old age, when a person does not have the ability to earn money, savings can be beneficial at that time.

In conclusion, social status, entertainment etcetera are the reasons for a wealthy person to spend money and these are hindrance to save it. This is not a positive development at all. Savings might be helpful in various ways.

Votes
Average: 8.8 (34 votes)

Comments

Transition Words or Phrases used:
also, but, first, firstly, furthermore, if, may, second, secondly, so, for instance, in addition, in conclusion, kind of, first of all

Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments

Performance on Part of Speech:
To be verbs : 11.0 13.1623246493 84% => OK
Auxiliary verbs: 8.0 7.85571142285 102% => OK
Conjunction : 5.0 10.4138276553 48% => More conjunction wanted.
Relative clauses : 5.0 7.30460921844 68% => More relative clauses wanted.
Pronoun: 15.0 24.0651302605 62% => OK
Preposition: 32.0 41.998997996 76% => OK
Nominalization: 11.0 8.3376753507 132% => OK

Performance on vocabulary words:
No of characters: 1283.0 1615.20841683 79% => OK
No of words: 261.0 315.596192385 83% => More content wanted.
Chars per words: 4.91570881226 5.12529762239 96% => OK
Fourth root words length: 4.0193898071 4.20363070211 96% => OK
Word Length SD: 2.62104252514 2.80592935109 93% => OK
Unique words: 147.0 176.041082164 84% => More unique words wanted.
Unique words percentage: 0.563218390805 0.561755894193 100% => OK
syllable_count: 410.4 506.74238477 81% => OK
avg_syllables_per_word: 1.6 1.60771543086 100% => OK

A sentence (or a clause, phrase) starts by:
Pronoun: 3.0 5.43587174349 55% => OK
Article: 5.0 2.52805611222 198% => OK
Subordination: 1.0 2.10420841683 48% => OK
Conjunction: 0.0 0.809619238477 0% => OK
Preposition: 5.0 4.76152304609 105% => OK

Performance on sentences:
How many sentences: 17.0 16.0721442886 106% => OK
Sentence length: 15.0 20.2975951904 74% => The Avg. Sentence Length is relatively short.
Sentence length SD: 34.3648246972 49.4020404114 70% => OK
Chars per sentence: 75.4705882353 106.682146367 71% => OK
Words per sentence: 15.3529411765 20.7667163134 74% => OK
Discourse Markers: 7.88235294118 7.06120827912 112% => OK
Paragraphs: 4.0 4.38176352705 91% => OK
Language errors: 0.0 5.01903807615 0% => OK
Sentences with positive sentiment : 10.0 8.67935871743 115% => OK
Sentences with negative sentiment : 6.0 3.9879759519 150% => OK
Sentences with neutral sentiment: 1.0 3.4128256513 29% => More facts, knowledge or examples wanted.
What are sentences with positive/Negative/neutral sentiment?

Coherence and Cohesion:
Essay topic to essay body coherence: 0.376366348497 0.244688304435 154% => OK
Sentence topic coherence: 0.131292588933 0.084324248473 156% => OK
Sentence topic coherence SD: 0.0934409966375 0.0667982634062 140% => OK
Paragraph topic coherence: 0.269141024308 0.151304729494 178% => OK
Paragraph topic coherence SD: 0.0868647900479 0.056905535591 153% => OK

Essay readability:
automated_readability_index: 9.4 13.0946893788 72% => Automated_readability_index is low.
flesch_reading_ease: 56.25 50.2224549098 112% => OK
smog_index: 3.1 7.44779559118 42% => Smog_index is low.
flesch_kincaid_grade: 9.1 11.3001002004 81% => OK
coleman_liau_index: 10.66 12.4159519038 86% => OK
dale_chall_readability_score: 8.43 8.58950901804 98% => OK
difficult_words: 67.0 78.4519038076 85% => OK
linsear_write_formula: 8.5 9.78957915832 87% => OK
gunning_fog: 8.0 10.1190380762 79% => OK
text_standard: 9.0 10.7795591182 83% => OK
What are above readability scores?

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Rates: 56.1797752809 out of 100
Scores by essay e-grader: 5.0 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.