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 happening? Is it a positive or negative development?

In today's fast-paced world, monetary problems
such
as individual income and expenses are hotly debated in their daily routines. There are a wide range of reasons behind
people
's willingness to discuss personal finance and
this
trend remains controversial whether it is a positive or negative development. Interestingly,
people
are likely to exchange their ideas about their earnings for several reasons. First of all, in order to achieve long-term financial stability and prosperity, individuals should share their own experiences and take other's advice.
For example
, by adopting healthy financial habits and attitudes,
people
would be able to cultivate economic resilience, freedom, and peace of mind.
Secondly
, attention-seeking
people
may have a desire to show off their savings and spending.
Therefore
, boastful
people
would try to prove themselves by talking about wages and salaries.
Finally
, in many countries, as
people
would like to be aware of the exchange rates and the cost of commercial commodities, they are conversing with each other. Despite the positives of money as a means, nowadays, the majority of
people
are likely to find an easy high-paying job and
as a consequence
, they may encounter bribery and corruption.
Furthermore
, since money plays an important role in our societies, most
people
would try to establish relationships with wealthier partners.
Consequently
, the bond of friendships or relationships could be indissoluble.
However
, by sharing their personal finance, they can lose their privacy and it can bring several troubles. In conclusion, judging someone's earnings and expenditures would be beneficial for
people
while
there could be negatives.
Submitted by kmuxayyo97 on

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task achievement
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task achievement
To improve clarity, ensure that you make a clear stance on the question asked, especially in your conclusion, where a definitive judgement on the development being positive or negative should be presented.

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Essentional vocabulary list for IELTS Writing 7+

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Topic Vocabulary:
  • consumerism
  • materialism
  • economic disparity
  • transparency
  • financial planning
  • financial stress
  • culture of comparison
  • societal taboos
  • financial literacy
  • savings
  • investments
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