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?

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In today's fast-paced world, monetary problems
such
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as individual income and expenses are hotly debated in their daily routines. There are a wide range of reasons behind
people
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's willingness to discuss personal finance and
this
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trend remains controversial whether it is a positive or negative development. Interestingly,
people
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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
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, by adopting healthy financial habits and attitudes,
people
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would be able to cultivate economic resilience, freedom, and peace of mind.
Secondly
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, attention-seeking
people
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may have a desire to show off their savings and spending.
Therefore
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, boastful
people
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would try to prove themselves by talking about wages and salaries.
Finally
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, in many countries, as
people
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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
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are likely to find an easy high-paying job and
as a consequence
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, they may encounter bribery and corruption.
Furthermore
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, since money plays an important role in our societies, most
people
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would try to establish relationships with wealthier partners.
Consequently
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, the bond of friendships or relationships could be indissoluble.
However
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, 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
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while
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there could be negatives.
Submitted by kmuxayyo97 on

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task achievement
Enhance the development of your main ideas with more varied and detailed examples to demonstrate your arguments more convincingly.
coherence cohesion
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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.

Your opinion

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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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