Some people believe that price is the only consideration when buying something. Do you agree or disagree with this statement? Give your opinion and include relevant examples.

t

Suggestion

T

is believed by some that the

price

of a service or an item is an essential factor to consider before deciding to purchase it.

This

essay believes that people should take into consideration the cost before deciding to buy or not.

Firstly

,

this

essay will discuss the benefits of considering the

price

before making a purchase and

secondly

, how wanting expensive items can lead to crippling debts. On the one hand, people should be given enough time to think about the

price

of something before acquiring it. They need to consider if they can afford it as

this

can give them problems in the future. They need to think about their monthly expenses as well as their overall salary, to see if they can afford what they want, and making sure they do not get into debt.

For example

, a survey by the Business Mirror Philippines in 2010 revealed that 8 out of 10 Filipinos preferred to save the money needed before buying a new cellphone, rather than using a

credit

card

because they were afraid of having monthly debts.

On the other hand

, over the

last

few decades, the rise of

credit

card

debt has been escalating. More and more people are tempted to buy products without considering the

price

due to the pressure from advertisements, peer pressures and the ready access to

credit

cards. There are a lot of luxury items that have been purchased using

credit

cards, which in return has lured many individuals into debt.

For instance

, a study by the Metrobank of the Philippines reported that 99% of

credit

card

applications came from minimum wage earners who wanted a

credit

card

to purchase high-end products. In conclusion, I agree that people should plan

first

before making a decision to buy expensive products or services for

this

could only give them problems in the future if they cannot afford it.