Some people are fond of buying new gadgets, phones, or laptops. Is this a good or bad thing? Discuss your opinion

It is generally seen that in
this
materialistic world people addicted to purchase new things for fulfil their needs. According to my ideology
this
trend has negative impacts on an individual's life as well as on our environment.
To begin
with, excessive shopping leads to the squandering of
money
, which create many obstacles in life of the masses. In other word, when people utilize their
money
on unnecessary things.
Then
they face financial problems because in
this
inflation era, mostly things are not in a range of people,
however
for showing their status in society they borrow
money
from banks and other people. According to a recent survey by BBC news channel showed that more than half population in India reeling under financial hurdles because their expenses are more than their wages. Probing ahead, when people buy new things,
then
they discard their old things in the trash, which eventually ends up in a landfill site. These landfill sites are full of non-recyclable and toxic matter that can harm flora and fauna.
Hence
, massive amount of disposing component deterioration our climate at an alarming rate.
Therefore
, it is
also
claimed by environment experts 90 percent animals and habitats are disturbed by dumping grounds. If people will not put a cap on buy excessive things,
then
in upcoming years, some species of flora and fauna will extinct To recapitulate, after analysing the entire writing. I conclude that
instead
of disbursing
money
on unnecessary things people should donate
money
for social development and people
also
should minimize the amount of scrap they throw out.

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