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

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In various nations, discussions about financial matters,
such
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as income and expenses, have become increasingly prevalent in everyday
conversations
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. Several factors contribute to
this
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trend, including the influence of consumer culture and the pressure of social comparison.
While
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these
conversations
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can foster financial awareness, the potential negative consequences raise significant concerns.
To begin
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with, one of the primary reasons behind
this
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growing focus on
money
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is the pervasive impact of consumerism. In modern society,
individuals
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are constantly exposed to advertisements and media messages that associate wealth with success and happiness.
As a result
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, people are more inclined to discuss their earnings and spending habits as a means of demonstrating their status.
For example
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, social media platforms are filled with posts showcasing luxurious purchases and extravagant lifestyles,
further
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fueling
this
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trend.
Furthermore
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, the desire to keep up with peers and maintain a certain social standing
also
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drives the inclination to talk about
money
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. Financial status is a visible marker of success, and comparing oneself to others in
this
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regard has become increasingly common.
Consequently
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,
conversations
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about
money
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become a way for
individuals
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to assert their position within a social hierarchy, which is particularly evident in cultures that place a high value on material wealth.
However
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,
although
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these discussions can promote better financial management, the downsides are noteworthy. One significant drawback is the potential for increased stress and anxiety. Constantly comparing one’s financial situation to others can lead to feelings of inadequacy and diminished self-esteem, especially for those with lower income levels.
Additionally
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,
this
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obsession with
money
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can contribute to a culture of materialism, where the pursuit of wealth overshadows more meaningful aspects of life,
such
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as personal relationships and well-being.
Moreover
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, the emphasis on financial success in daily
conversations
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can exacerbate social inequality.
Individuals
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who are less financially secure may feel marginalized or excluded from these discussions, leading to a sense of alienation.
This
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, in turn, can deepen social divisions and undermine community cohesion. In conclusion,
while
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the increasing prevalence of
money
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-related
conversations
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can offer some advantages,
such
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as enhancing financial literacy, the negative effects are more pronounced. The potential for heightened stress, materialism, and social inequality suggests that
this
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trend may ultimately be detrimental to
individuals
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and society as a whole.

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coherence cohesion
Consider varying sentence structures to enhance readability and engagement.
task achievement
Ensure that examples are more specific and tailored to the point being made for stronger support. For instance, mention specific social media platforms or cultural examples.
introduction
The introduction provides a clear outline of the essay's focus, capturing reader interest effectively.
supported main points
Main points are clearly developed and supported with relevant arguments, maintaining reader engagement.

Support ideas with relevant, specific examples

Examples make your writing easier to understand by illustrating points more effectively.

Examples, if used properly, not only help you get higher marks for ‘Task Response’ but also for ‘Coherence’.

When giving examples it is best to put them after your main idea or topic sentence. They can be used in the middle of supporting sentences or they can be used to start a new sentence. There is no rule for where exactly to give examples in essays, logically they would come after your main idea/topic sentence or just after a supporting sentence.

Linking words for giving examples:

  • for example
  • for instance
  • to illustrate this
  • to give a clear example
  • such as
  • namely
  • to illustrate
  • take, for example

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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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