People spend a lot of money on various things as they earn more money nowadays than before. Is it a positive or negative development?

With the advancement of time, now, income capacity of most people has increased than the previous time.

Therefore

, people are inclining more to expend on the different issues.

Such

trend of expenditure, of course, is a positive thing for any individual

To begin

,

this

tendency helps to provide mind refreshment of an individual.

In other words

, people can find enjoyment in any amusement centre by paying some charges, which revitalize any individual for

further

work.

For instance

, people can go for a holiday for a few days that helps to recharge them as a fresh mind for newly start.

Thus

, spending some money helps to provide new beginning.

In addition

, people can explore the new places by expending some portion of their earnings. What mean that going abroad in an unknown place or country provides an opportunity of a traveller to know about the culture, the food habit and the tradition of that area, and

this

could be only possible by allocating some finance from their savings.

For example

, out bounders from different parts of the Globe are allocating more money for exploring a new place.

Therefore

, finding the new things out from the various areas is another reason to spend.

Moreover

, people have expanded from significant parts of their savings to improve quality of life. More clearly, people are, now, affording huge budget to get the luxury apartment, a vehicle as well as improved diet so that their lifestyle could be luxurious. To illustrate, a renowned daily newspaper in Bangladesh published a report in 2018, one-fourth of the inhabitants in the Dhaka city are always ready to allocate their earnings for better life. To conclude, people are finding more opportunity to earn a lot than earlier time, and they are often spending their earnings in various ways. Affording

this

budget for various purposes is an indicator as a significant trend.