Band 5+: In numerous nations, there is a growing trend for individuals to frequently discuss financial matters, such as their earnings or expenditures, in everyday conversation. What are the reasons behind this phenomenon? Is it advantageous or detrimental?

Nowadays, in many countries, people tend to bring financial-related issues into their daily conversation, regarding their personal incomes or pay scales. In my opinion, this trend fosters various disadvantages rather than advantages in terms of boredom and faulty information.

As per reasons, there are many causes behind this ongoing trend. Firstly, financial news are ideal knowledge for people to make more money. The 4.0 technology revolution substantially develops mass media and with such development, economics news are widely spread and appear on every communication channels. For instance, TV, social media platforms like Facebook, Instagram, …, are daily updating everyone about financial circumstances around the world. Secondly, talking about financial – related issues is a way to express people’s needs. To be specific, the ones that struggle with their incomes always want a way out for their situation. With that behavior, they take it to see and discuss with their friends as an oppotunity to seek assistance with their problems.

In terms of the drawbacks, people want more than comments on a financial matters in a conversation. For them, meeting their friends is a way to reduce their stress and unfortunately, sentimental emotions cannot be found in those finacial-related discussion. They will soon get bored when a friend of them keep talking about taxes, economy, banks, … In addition, not every information on the Internet is true. Therefore, conveying false economical information to the others will not help but only harm the listeners. For example, finacial crimes would spread rumors about stock investment without clarity all over Facebook in order to benefit them. Many people see that as a chance to get rich and share those with their relationships. Eventually, they end up losing a vast amount of their money.

In conclusion, after taking various causes of rising financial-related conversation, I firm believe that this trend can trigger many problems, including the lack of sentiment and higher chances of losing money.