In numerous nations, there is a growing trend for individuals to frequently discuss financial matters such as their earnings or expenditures in everyday conversations. What are the reasons behind this phenomenon? is it advantageous or detrimental?

#nations #trend #individuals #matters #earnings #expenditures #conversations #phenomenon

Nowadays, people are openly expressing and discussing their financial state, directly and indirectly. The trend is growing because of numerous reasons.

This

essay will discuss the reasons, and I personally believe that it is an advantageous development.

To begin

with, for the effective management of funds, it is essential to have financial literacy, which can be attained by openly discussing your financial matters. An open discussion on money matters not only helps you to understand various techniques but

also

enlightens your vision to grow.

For instance

, a finance channel in India has a special program where people call and tell their

income

and savings openly, and the experts on that channel provide vital information for better management, investment, and earning huge returns.

This

can only be achieved by sharing the correct information.

Additionally

, financial conversations bring new ideas, ventures to make more money

Remove the comma

apply

show examples

and development. Frequent communication with like-minded people about earnings and expenditures always sparks new opportunities, whether it can be opening a new business, making investment plans, or starting a manufacturing unit.

For example

, if someone is earning a good passive

income

from mutual funds and can help their friends earn as well, it can only be done if they communicate effectively on spending additional

income

or savings.

Hence

, I believe, they must share and have frequent communication on

income

and resources.

To conclude

, I would like to assert that, as there are many benefits of discussing financial activities, it proves that it is an advantageous trend to openly communicate on finance.

Submitted by hiteshpaul on Sat Sep 28 2024

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lexical resource

Improve the lexical resource by using a wider range of vocabulary and avoiding repetition.

task response

Strengthen the argument by addressing potential counterpoints, which will make the essay more balanced.

coherence cohesion

Include smoother transitions between paragraphs for improved cohesion.

grammatical accuracy

Avoid some small grammatical errors for better accuracy, such as: “your financial matters” can be revised to “one’s financial matters”.

task response

The essay provides clear and comprehensive ideas that are well-supported with relevant examples.

coherence cohesion

Both the introduction and conclusion are effectively present, establishing an appropriate context for the discussion.

coherence cohesion

The logical structure is evident throughout the essay, maintaining a clear progression of ideas.

Include an introduction and conclusion

A conclusion is essential for IELTS writing task 2. It is more important than most people realise. You will be penalised for missing a conclusion in your IELTS essay.

The easiest paragraph to write in an essay is the conclusion paragraph. This is because the paragraph mostly contains information that has already been presented in the essay – it is just the repetition of some information written in the introduction paragraph and supporting paragraphs.

The conclusion paragraph only has 3 sentences:

Summary
Restatement of thesis
Prediction or recommendation

Example:

To summarize, a robotic teacher does not have the necessary disciple to properly give instructions to students and actually works to retard the ability of a student to comprehend new lessons. Therefore, it is clear that the idea of running a classroom completely by a machine cannot be supported. After thorough analysis on this subject, it is predicted that the adverse effects of the debate over technology-driven teaching will always be greater than the positive effects, and because of this, classroom teachers will never be substituted for technology.

Start your conclusion with a linking phrase. Here are some examples:

In conclusion
To conclude
To summarize
Finally
In a nutshell
In general

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8Linking words
meeting the goal of 7 or more
1Word repetition
meeting the goal of 3 or fewer
1Grammar mistakes
 

4 paragraphs

254 words

0123456789.0505

Overall Band Score

Coherence and Cohesion: 7.0

Logical structure

Introduction & conclusion present

Supported main points

Accurate linking words

Variety in linking words

Lexical resource: 8.0

Varied vocabulary

Accurate spelling & word formation

Grammatical Range: 8.0

Mix of complex & simple sentences

Clear and correct grammar

Task Achievement: 7.0

Complete response

Clear & comprehensive ideas

Relevant & specific examples

Appropriate word count

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Topic Vocabulary:

financial literacy
economic pressures
consumerism
social comparison
transparency
taboo
self-esteem
coping mechanism
financial management
wealth portrayal
money management
economic environment
personal and professional relationships
financial situation
financial problems

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In numerous nations, there is a growing trend for individuals to frequently discuss financial matters such as their earnings or expenditures in everyday conversations. What are the reasons behind this phenomenon? is it advantageous or detrimental?

Include an introduction and conclusion

Some people say that advertising is extremely successful at persuading us to buy things. Other people think that advertising is so common that we no longer pay attention to it. Discuss both these views and give your own opinion.

some parents buy their children a large number of toys to play\ with. What are the advantages and disadvantages for the children of having a large number of toys?

Lack of fresh water is becoming a global issue of increasing importance. What problems does this shortage cause? What measures could be taken to overcome these problems

Universities and colleges are now offering qualifications through distance learning from the Internet rather than teachers in the classroom. Do you think the advantages of this development outweigh the disadvantages?