雅思作文：花钱还是存钱题目

　　Some people think it is better for a country’s economy for people to spend money, while others believe it would be better for people to save money. Discuss both views and give your opinion.

　　雅思作文：花钱还是存钱范文

　　Some people like to spend as much money as they earn, while others prefer to live more frugally, saving it for a rainy day. Personally, I believe that both approaches can be beneficial to the economy.

　　On the one hand, frugality can certainly benefit the national economy in various ways. Firstly, when people have substantial savings in the bank, they are better prepared to cope with economic uncertainties, such as a sudden job loss or a medical emergency. This financial stability could not only result in an increased sense of wellbeing for the individual but also contribute to a strong and healthy economy that benefits every member of society. Secondly, as more cash is available and people are trying to lend it out, it can be easier to carry out large capital-intensive projects such as power plants and railways. However, if frugality is carried to extreme, the economy will suffer. For example, if people do not upgrade their cell phones in an effort to save, phone companies will see their sales drop and may therefore lay off workers.

　　On the other hand, spending money could also benefit the economy, notably in terms of job creation. When demand for goods and services increases, more people will be needed to provide them, thus reducing unemployment rates. A good example of this is today’s property market boom in China, which has created millions of jobs in a wide range of industries such as steel, construction and furnishing. Another positive outcome of stronger consumption is the increase in government revenues, which could translate into better public services such as healthcare and education. However, excessive spending could lead to runaway debts that will eventually spell financial ruin for an individual and the entire economy, as previous economic crises have demonstrated.

　　In conclusion, both spending and saving could be good for the economy if they are practiced in moderation.