IELTS Speaking tip
Discuss books, articles, or news stories in English to boost confidence.
Vocabulary
- budgeting
- expenses
- income
- necessities
- discretionary spending
- challenges
- savings
- financial literacy
- priorities
- lifestyle
- incentives
- discipline
- financial goals
- decision-making
- investments
Sample Answer
Saving money can be a formidable challenge for young people, primarily due to a multitude of financial pressures they face. With rising living costs, particularly in urban areas, young individuals often find themselves allocating a significant portion of their income to essential expenses such as rent, utilities, and transportation. Furthermore, the pervasive culture of consumerism, exacerbated by social media, instills a mindset that prioritizes immediate gratification over long-term financial security.
Despite these challenges, one could argue that the advent of technology has made it somewhat easier to save. Various budgeting apps and online saving tools empower young people to monitor their finances more effectively and set achievable savings goals. Ultimately, while obstacles exist, fostering a habit of saving from an early age is crucial, as it establishes a foundation for future financial stability.
User Answers
- January 11, 2024 at 10:26 PM
- November 6, 2023 at 12:59 PM
- November 2, 2023 at 10:06 AM
- October 30, 2023 at 10:47 AM
- October 28, 2023 at 01:19 PM
Other Questions
- Part 1Do you prefer to drink hot water or cool (or cold) water?
- Part 1Where are you living at the moment?
- Part 1Do you like to listen to live music?
- Part 1Do you think you are more patient now than when you were younger?
- Part 1What book would you take on a long journey?
- Part 1Do you like going to the cinema?
- Part 1How do you feel when other people are impatient?
- Part 1Do you prefer the city or the countryside?
- Part 1How important is your hometown to you?
- Part 1Do you think it is an easy way to make friends through social networking apps?