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?

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Income and spending have become two hot discussion topics all around the world. Some
people
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do it to share their personal experiences,
while
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others may have the intention to brag.
However
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, from my perspective,
this
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is a constructive trend as it may be inspirational and educative to other individuals. Nowadays, a lot of
people
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publicly tell both the amount of their salary and expenditure online.
Due to
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advancements in technology and the existence of social media, sharing information has become very easy.
Moreover
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, the internet has made everyone from all parts of the world become connected.
People
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talk about those topics either to follow a trend they do not want to miss out on, or they may feel that their financial journey may motivate
people
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around them.
For instance
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, in recent times, many glamorous influencers create “how much I spend in a day” videos and I believe that those videos can be inspiring for the viewers.
On the other hand
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, money talks can be beneficial to society by making more
people
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exposed to
an
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apply
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economic issues.
In addition
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to that,
people
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can share their financial stories
as well as
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learn from others’ experiences so they will not do the same mistake.
Thus
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, everyone can be financially literate yet
also
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understand the game of money.
For example
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, by joining an open discussion about finance, we can gain knowledge about personal finance or money management from a more experienced person.
To conclude
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, personal finance discussion is advantageous to numerous
people
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, as
people
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can learn from each other’s stories.
However
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, everyone should keep in mind that the main intention is sharing, not bragging.
Submitted by emailgadungan28 on

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I really want to study but I’m too tired.

I wore a warm coat because the weather was cold.

If action is not taken soon on climate change, global warming will get worse.

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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
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