Many people prefer to spend money and not save it. What are the reasons? Is this a positive or negative development?
These days, dynamics of savings and investment have been changing rapidly. In today's world, there are a lot of countries that promote and work on the basis of spending money. Economies of few nations is dependent upon spending habits of people. This essay, will highlight the reasons; of why majority of people focus on spending rather than saving and what impact is it having on our daily routine.
Global economy, has gone through different phases and currently a lot of nations have economic and financial policies, which are based upon expenditures. There are countries, that promote more spending, as this helps them to grow more and provides them with an opportunity to create more job opportunities and subsequently reduce unemployment. Moreover, this move helps to attract ample amount of foreign investment and develop local infrastructure and improve standard of living.
Many economic gurus believe spending to be a hinge, which has changed the dynamics of economy. Moreover, it has also proven to be a catalyst and have created a lot of opportunities for people, i.e. as was the case in Pakistan during Musharaf era, when spending was highly promoted and interest rates were reduced, which lead to an increase in spending and people started saving less and on the other hand they started focusing more on spending and purchasing items.
However, there has always been an opinion, that supports saving more, as compared to spending, but with the benefits and schemes introduced by governments. People, tend to spend more and save less. This essay highlighted the reasons for spending more and its advantages in long run.
Transition Words or Phrases used:
also, but, however, if, moreover, so, on the other hand
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 12.0 13.1623246493 91% => OK
Auxiliary verbs: 1.0 7.85571142285 13% => OK
Conjunction : 18.0 10.4138276553 173% => OK
Relative clauses : 7.0 7.30460921844 96% => OK
Pronoun: 15.0 24.0651302605 62% => OK
Preposition: 36.0 41.998997996 86% => OK
Nominalization: 3.0 8.3376753507 36% => More nominalizations (nouns with a suffix like: tion ment ence ance) wanted.
Performance on vocabulary words:
No of characters: 1375.0 1615.20841683 85% => OK
No of words: 266.0 315.596192385 84% => More content wanted.
Chars per words: 5.16917293233 5.12529762239 101% => OK
Fourth root words length: 4.03850299372 4.20363070211 96% => OK
Word Length SD: 2.69983709829 2.80592935109 96% => OK
Unique words: 158.0 176.041082164 90% => More unique words wanted.
Unique words percentage: 0.593984962406 0.561755894193 106% => OK
syllable_count: 429.3 506.74238477 85% => OK
avg_syllables_per_word: 1.6 1.60771543086 100% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 7.0 5.43587174349 129% => OK
Article: 0.0 2.52805611222 0% => OK
Subordination: 4.0 2.10420841683 190% => OK
Conjunction: 1.0 0.809619238477 124% => OK
Preposition: 2.0 4.76152304609 42% => More preposition wanted as sentence beginning.
Performance on sentences:
How many sentences: 12.0 16.0721442886 75% => Need more sentences. Double check the format of sentences, make sure there is a space between two sentences, or have enough periods. And also check the lengths of sentences, maybe they are too long.
Sentence length: 22.0 20.2975951904 108% => OK
Sentence length SD: 82.5026514725 49.4020404114 167% => OK
Chars per sentence: 114.583333333 106.682146367 107% => OK
Words per sentence: 22.1666666667 20.7667163134 107% => OK
Discourse Markers: 4.58333333333 7.06120827912 65% => 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 : 0.0 3.9879759519 0% => More negative sentences wanted.
Sentences with neutral sentiment: 2.0 3.4128256513 59% => OK
What are sentences with positive/Negative/neutral sentiment?
Coherence and Cohesion:
Essay topic to essay body coherence: 0.244373880289 0.244688304435 100% => OK
Sentence topic coherence: 0.0892284550379 0.084324248473 106% => OK
Sentence topic coherence SD: 0.0601653930071 0.0667982634062 90% => OK
Paragraph topic coherence: 0.14438268451 0.151304729494 95% => OK
Paragraph topic coherence SD: 0.059016307348 0.056905535591 104% => OK
Essay readability:
automated_readability_index: 14.0 13.0946893788 107% => 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: 12.71 12.4159519038 102% => OK
dale_chall_readability_score: 9.65 8.58950901804 112% => OK
difficult_words: 83.0 78.4519038076 106% => OK
linsear_write_formula: 8.0 9.78957915832 82% => 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: 73.0337078652 out of 100
Scores by essay e-grader: 6.5 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.