IELTS Speaking Part-2

27. Describe an interesting discussion you had about how you spend your money. 

You should say: 

who you had the discussion with 

why you discussed this topic 

what the result of the discussion was 

and explain why this discussion was interesting for you. 

Sample Answer

An interesting discussion I had about how I spend my money was with my close friend, Sarah. We had this discussion over coffee one afternoon while catching up after not seeing each other for a while.

We discussed this topic because both Sarah and I had recently started new jobs and were adjusting to our new financial situations. We were curious about each other's spending habits, financial goals, and approaches to budgeting and saving money.

During the discussion, we shared insights into our individual spending patterns, priorities, and attitudes towards money. We talked about our monthly expenses, such as rent, groceries, utilities, and transportation, as well as discretionary spending on entertainment, dining out, and travel.

One interesting aspect of the discussion was comparing our approaches to budgeting and saving money. Sarah preferred a more structured approach, with detailed budgets and financial goals for different categories of expenses. In contrast, I tended to take a more flexible approach, prioritizing saving a certain percentage of my income while allowing for some discretionary spending.

As a result of the discussion, we both gained valuable insights into our own financial habits and perspectives, as well as those of each other. We identified areas where we could potentially optimize our spending, such as cutting back on unnecessary expenses or finding more cost-effective alternatives.

Moreover, the discussion prompted us to set some mutual financial goals and accountability measures to help each other stay on track with our saving and spending objectives. We agreed to check in regularly to share updates on our progress and offer support and encouragement as needed.

Overall, the discussion was interesting for me because it provided an opportunity to reflect on my own financial habits and priorities, as well as gain new perspectives from a trusted friend. It was insightful to see how different individuals approach money management and to exchange ideas and strategies for achieving financial wellness and security. Additionally, the discussion reinforced the importance of open communication and mutual support in navigating the complexities of personal finance.

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