There are many euphemisms for menstruation that are considered more polite or less direct. Here are a few options, ranging in tone:
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"Having my period": This is a straightforward and generally accepted term.
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"My monthly cycle": This is a common and relatively discreet way to refer to menstruation.
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"Time of the month": A classic, widely understood, and inoffensive option.
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"Aunt Flo(w) is visiting": A playful and less direct option.
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"Lady time": A simple and common alternative.
Ultimately, the best way to phrase it depends on the context and your relationship with the person you are speaking to. When in doubt, "having my period" or "my monthly cycle" are safe and widely understood options.
