In many countries, people increasingly talk about money (How much they earn or how much they paid for things in their daily conversations). Why is this? Is it a positive or negative development?

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In the modern world,
people
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in many nations share a lot about
money
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, especially how they create income and spend. In
this
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essay, I will discuss several main reasons for
this
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situation. First of all, the cost of daily demands
such
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as housing, education and food increases constantly,
while
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the economy is variable with high inflation or downturn. These problems can make
people
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immersed in anxiety and lead to depression,
thus
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many
people
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find ways to reduce stress.
For example
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, they will confide in family or friends in daily conversation to conceive advice or words of encouragement.
Secondly
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, the Internet is ubiquitous, leading to the appearance of a range of channels about finance which
people
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can access easily through YouTube, Facebook or blogs. The commonality of
this
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information as a trend
also
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boosts
people
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to discuss them, because they do not want to become an out-date person.
Thirdly
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,
people
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tend to wonder about others’
money
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as a natural character,
thus
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they may question a number of income, especially when others have a new job. One may argue that daily conversations about
money
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being spread out can stimulate ostentation and create financial pressure.
However
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, I strongly believe that it brings positive development.
Although
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many
people
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like showing off their assets in conversations, their counterparts still gain useful information about how to cultivate success.
In addition
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, if
people
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share constantly about finance every day, they
also
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have a better understanding of the importance of
money
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.
As a result
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,
people
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will be thorough when they invest or spend and may avoid risks. In conclusion, the necessity of
money
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and the commonality of the internet make many
people
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talk about finance frequently.
This
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trend can help
people
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enhance their knowledge about expenditure to know how to manage funding in the variable economy.
Submitted by phuongdong.nguyentran on

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coherence cohesion
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coherence cohesion
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task achievement
The writer addresses both prompts (reasons and evaluation of the development) in the essay, indicating a comprehensive approach to the task.
Topic Vocabulary:
  • consumerism
  • materialism
  • economic disparity
  • transparency
  • financial planning
  • financial stress
  • culture of comparison
  • societal taboos
  • financial literacy
  • savings
  • investments
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