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?

In recent years, people in many nations around the world are more likely to discuss their earnings and expenses with others.
This
essay will explore the reasons behind
this
and how
this
can
attribute
Verb problem
contribute
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both advantages and disadvantages to society. There are two main driving factors behind why the conversations about
money
are noticeably increasing in different parts of the world.
Firstly
, with the costs of living increasing, individuals are struggling to make end meets, and
this
can lead them
more
Correct quantifier usage
apply
show examples
to talk about finances in an effort to reduce their spending and find a way to make more
money
.
Lastly
, there is an emphasis on material possessions over other values nowadays.
As a result
, the willingness of persons to converse about their wealth and social status becomes to a greater extent. On the positive side,
this
trend can promote financial education and literacy, helping individuals to make better financial decisions and manage their cash more effectively.
Moreover
,
this
can assist to reduce the stigma associated with financial struggles and make it easier for people to seek help or support.
On the other hand
, discussing
money
openly can lead to social comparison and feelings of inadequacy.
Additionally
,
this
can
also
raise privacy concerns, as personal financial information is freely shared. For
an
Correct article usage
apply
show examples
instance, sharing financial status in a public setting can
rise
Correct your spelling
raise
show examples
up the risks of various forms of financial fraud. In conclusion, the trend of openly discussing
money
has both positive and negative effects, and it is crucial to strike a balance between its pros and cons. From my perspective,
this
trend can be more beneficial to nations if they can try to keep respecting privacy and
avoiding
Wrong verb form
avoid
show examples
unnecessary social comparisons
while
also
freely sharing their incomes and how to use them.
Submitted by Myat 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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