This section presents a professionally wirtten variation of your essay and highlights the differences.
It is argued that all individuals including youngsters should save money for their future. I agree with this idea as it can contribute significantly to empower their economic status and it can serve as a reliable source for their retirement period.
It is argued that all individuals, including young people, should save money for their future. I agree with this idea, as it can significantly contribute to improving their economic status and serve as a reliable source of support during retirement.
To begin with, investments starting at an early age would enable younger individuals to improve their economic status. That is to say, allocated money for investments can be utilized to actively participate in starting a business which could be used to develop a sustainable income and gain more money. Additionally, it can be a reliable source in case of any economic crisis, in the world of uncertainties. For instance, in 2008, the whole world suffered from an economic problem that happened globally that notably affected many individuals, having such habits like saving money can protect them while facing financial issues; therefore, it can be highly recommended that young people practice such habits as it can relieve their financial burden.
To begin with, investing from an early age enables young individuals to enhance their economic status. Allocated funds for investments can be utilized to actively participate in starting a business, which can lead to the development of a sustainable income and increased wealth. Additionally, savings can provide a safety net in times of economic crisis in an unpredictable world. For instance, during the global financial crisis of 2008, many individuals faced severe financial difficulties. Those who had developed the habit of saving money were better protected against such financial issues. Therefore, it is highly recommended that young people cultivate these habits, as they can alleviate future financial burdens.
Moreover, many individuals struggle with providing their basic needs in their retirement period, such as health. It is predictable that most of the elderly would not be able to work and make money, considering this factor and also lack of proper health insurance in many countries, it can be a perfect idea to save money to be used in their old-age. Lots of elderly who are suffering from serious disease like cancer requiring surgical treatment which is costly, depend on their savings to treat their conditions. For example, in USA, insurance does not cover many diseases and people should pay themselves, in the presence of ineffective healthcare networks and lack of proper cooperation of insurance companies, many of them die without having the chance to seek for treatment.
Moreover, many individuals struggle to meet their basic needs during retirement, particularly concerning healthcare. It is likely that most elderly individuals will be unable to work and earn an income. Considering this factor, along with the lack of adequate health insurance in many countries, saving money for old age becomes essential. Many elderly individuals suffering from serious illnesses, such as cancer, which require costly surgical treatments, rely on their savings to manage their conditions. For example, in the USA, insurance does not cover many diseases, and individuals often have to pay out of pocket. In the face of ineffective healthcare systems and insufficient cooperation from insurance companies, many elderly people may die without having the opportunity to seek treatment.
Ton conclude, investing money not only can have positive impact on individual's economic status but also, is known as a reliable source which could be used for their future health problems.
In conclusion, investing money not only has a positive impact on an individual's economic status but also serves as a reliable source for addressing future health issues.