From http://www.word-mart.com/html/formal_and_informal_writing.html
Here's a list of some of the main differences between informal and formal writing:[Below is part of that list.]

Informal: May use colloquial words/expressions (kids, guy, awesome, a lot).

Formal: Avoid using colloquial words/expressions(substitute with
children, man/boy, wonderful, many.

Informal: May use contractions (can’t, won’t, shouldn’t).

Formal: Avoid contractions (write out
full words – cannot, will not,
should not).

Informal: May use first, second, or third person.


Informal: May use clichés (loads of,
tons of, conspicuous by absence, the cat's pajamas, )


Informal: May address readers using second person pronouns (you, your)


Informal: May use abbreviated words (photo, TV, etc.)

– such as photograph, television, etc.)
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