In many countries, people increasingly talk about money such as how much they earn or how much they pay for things in their daily conversations.Why?Is this a positive or negative trend?

Nowadays, across many nations, money has increasingly become a central topic of discussion among the public and they often discuss their wages and expenses
while
purchasing things. In my opinion,
this
is a positive development because it benefits youth to become more responsible and identify lucrative opportunities in order to lead a wealthy life
as well as
do proper financial planning
while
spending wealth. The main advantage is that the public especially, the younger generation must have awareness of the current financial market and how people are identifying multiple opportunities to earn income without having the need to leave mainstream jobs.
For example
, nowadays, many working professionals
along with
their full-time job usually engage in other passive ways of getting paid
such
as stock investment, real estate, freelancing etc. Eventually, at some point in time which is much before the traditional retirement age, they can achieve financial freedom. All of
this
can be easily attained by having healthy conversations and debates between individuals. Another point to consider is that, nowadays, most people are earning a lot of money
however
they are unsure about managing it efficiently.
For instance
, it has become quite common that when someone earns a lower income they tend to have fewer savings as compared to expenses,
this
trend remained constant, despite they started earning double the money owing to the luxury lifestyle and increased expenses.
Hence
, by involving in financial conversations with other persons these things could be understood better and planned well.
To conclude
, everybody must ensure to get engaged in financial discussions in order to gain more knowledge about financial concepts which in turn helps them to better manage their wealth.
Submitted by prudhvi.pinninti18 on

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Include an introduction and conclusion

A conclusion is essential for IELTS writing task 2. It is more important than most people realise. You will be penalised for missing a conclusion in your IELTS essay.

The easiest paragraph to write in an essay is the conclusion paragraph. This is because the paragraph mostly contains information that has already been presented in the essay – it is just the repetition of some information written in the introduction paragraph and supporting paragraphs.

The conclusion paragraph only has 3 sentences:

  • Summary
  • Restatement of thesis
  • Prediction or recommendation

Example:

To summarize, a robotic teacher does not have the necessary disciple to properly give instructions to students and actually works to retard the ability of a student to comprehend new lessons. Therefore, it is clear that the idea of running a classroom completely by a machine cannot be supported. After thorough analysis on this subject, it is predicted that the adverse effects of the debate over technology-driven teaching will always be greater than the positive effects, and because of this, classroom teachers will never be substituted for technology.

Start your conclusion with a linking phrase. Here are some examples:

  • In conclusion
  • To conclude
  • To summarize
  • Finally
  • In a nutshell
  • In general

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Topic Vocabulary:
  • consumerism
  • materialism
  • financial transparency
  • societal taboos
  • economic fluctuations
  • financial management
  • financial literacy
  • purchasing decisions
  • wealth glorification
  • economic stratification
  • social comparison
  • peer pressure
  • income disparity
What to do next:
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