In many countries, the cost of living is rising. What effects do higher prices have on individual and society? And what are better ways for people to deal with the high cost?

Question

There is no denying to say that people these days must face to the rise of expenditure in their lives. While there has some social and personal problems caused by its high prices, individuals should take steps in order to mitigate these potential issues.

On one hand, there are many drawbacks of rising cost of living that have an influence on society and perspectives. One of the most negative effect is that people have to struggle to pay for daily basic essentials in their lives. For instance, they would have a general feeling of worry toward the increase of fuel, transportation, electricity and internet bills. Therefore, they must be under higher pressure of earning lots of money monthly in order to meet a demand of each month expenditure. Moreover, they maybe take  much terrible risk regarding to health if they work continuously during year-by-year period. Besides the society's perspective, the gap between rich and poor person will last gradually each day. For example, the wealthiest person will take their money to deal with the high cost of living, while person living in poor circumstance could work harder to handle their daily expenditure.

On the other hand, people should take some appropriate actions in order to mitigate living expenditure. The best measure to reduce expenditure would be to migrate to other global countries, especially in developing nations, which have a lower cost compared to their host countries. To exemplify, people living in USA could move to Vietnam in terms of lower prices of daily living such as house renting, electricity bills and entertainments. Furthermore, each individual should save their money with higher interest rate in order to receive lots of money, which is an effective way to tackle higher prices.

To conclude, while higher cost of living is expanding daily affecting negatively to dwellers in many countries, ordinary people should migrate to other worldwide nations which have lower cost of living compared to their host countries.

 

Mọi người giúp mình sửa bài và cho điểm nhé, mình cảm ơn mọi người!!

Answer 1

There is no denying to say that people these days must face to the rise of expenditure in their lives. While there has are some social and personal problems caused by its resulting from high prices, individuals should take steps in order to mitigate these potential issues.

On one hand, there are many drawbacks of rising cost of living that have an influence on society and perspectives. One of the most negative effects is that people have to struggle to pay for daily basic essentials in their lives. For instance, they would have a general feeling of worry toward the increase of fuel, transportation, electricity and internet bills. Therefore, they must be under higher pressure of earning lots of money monthly in order to meet a demand of each month expenditure. Moreover, they maybe take  much terrible risk regarding to health if they work continuously during year-by-year period. Besides the society's social perspective, the gap between the rich and the poor person will last  expand gradually each day. For example, the wealthiest person people will take their money to deal with the high cost of living, while person those who living in poor circumstances could work harder have to throw theselves into work to handle their daily expenditure.

On the other hand, people should take some appropriate actions in order to mitigate living expenditure. The best measure to reduce expenditure would be to migrate to other global countries, especially in developing nations, which have a lower cost compared to their host countries. To exemplify, people living in USA could move to Vietnam in terms of lower prices of daily living such as house renting, electricity bills and entertainments. Furthermore, each individual should save their money by depositing with higher interest rate in order to receive lots of money, which is an effective way to tackle higher prices.

To conclude, while higher cost of living is expanding escalating daily affecting negatively to dwellers in many countries, ordinary people should migrate to other worldwide nations which have lower cost of living compared to their host countries.

Living expenditure có thể thay bằng live cost, living expense.

Answer 2

This is the real IELTS test in 01/08/2019, isn't it?