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 people more and more often make ordinary communication about earning and spending
money
. I believe that it happens because of a growing number of personal financial advisers on the internet, not just for businessmen and investors, and
this
topic is becoming popular. In my opinion, it has a positive effect on people, because the more we talk openly about
money
, the less it seems scary, awkward, and stressful. And
also
discussions of payment-related questions help us to understand better how exactly it works. The first reason why I consider increasingly talking about
money
as a positive trend is that these conversations lead to reducing tension and awkwardness around
this
topic. Almost all of us can find ourselves
in
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comparing our financial situation to that of our friends and thinking that we are not good enough. But the truth is we all do our best and openly talk about how we struggle in earning
money
, understanding tax rules, and trying to make pension savings help us to feel more comfortable and able to ask to find better solutions or pieces of advice from friends. The second reason is that
money
-related conversations
is
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are
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the
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a
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good way to educate ourselves. Nobody
born
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is born
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with
understanding
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an understanding
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about
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of
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how to manage savings, budgeting, investing and donating, and just a few of us take a personal
money
course. Understanding the base
principals
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principles
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of personal budgeting can help us to reach our long-term financial goals.
For example
, your friend can tell you about her financial strategy to pay off the home loan and share
to
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with
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you some tips and tools, like expense tracker apps.
To sum up
, increasingly talking about managing personal
money
is a very positive trend
,
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apply
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because in these conversations we start to understand better
money
as a tool and gradually start to feel more calm and confident.
Submitted by arinushkina on

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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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