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?

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

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task achievement
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coherence cohesion
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coherence cohesion
The essay has a clear introduction and conclusion, effectively framing the main arguments.
task achievement
The writer addresses both prompts (reasons and evaluation of the development) in the essay, indicating a comprehensive approach to the task.

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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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