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There is an ongoing debate over whether saving is beneficial to us or not. Some people approve of this idea because we should be prepared for future circumstances which are unprecedented. However, others are opposed to the idea in that instead of saving, consumptions directly activate on growth the economy at national level. However, I agree with the former stance and present my reasons below. To begin with, by saving our money, we could prepare for the uncertainty of our future. We could face unpredicted emergency situation where an enormous amount of money is needed. Without saving steadily, it would be very heavy burdens. To illustrate this point, my grandmother was suddenly broke her legs two years ago. Since she was very old, it brought about another serious suffers. Fortunately, my mother had money in her bank account enough to manage it. So, my grandmother was able to get treatment. If without saving, we had to waste time for borrowing money. But, even assuming the above plausible, some may argue that individual consumptions have a positive effect on our national economy because they prompt national production. Yet, I still put an emphasis on my idea because there is one more important matter to consider. Even though individual consumer saving can act on our economy positively, saving also contribute to the growth of economy. This is because our saving can be used to invest in many production sectors which also activate our whole economy. Recent economic report reveals that production sectors can receive their money by bring the money saved in the bank account. It implies that our saving is also contributing to our economy. Also, the banking system in a country is equipped very well, so that people who have saved their money can withdraw their money at any time safely. That is, not only our saved money could improve our economy, but also we are guaranteed about any unprecedented situation. To sum up, everyone may hold a different position on this issue. Yet, all things considered, I firmly believe that saving is very helpful to us. This is because we could be prepared for any situation in the future and it has a positive impact on our economy as well. |