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

There is an opinion that nowadays as people obtain more
money
, they spend a great portion of it on variety targets.
Although
there are a number of benefits in
this
development occurring
to
Suggestion
in
people, I believe the drawbacks involved more. On the plus side, there are some advantages for people.
To begin
with, gaining more
money
people can be afford more than before. Simply put, as people earn more income it leads to they become more affordable to buy or shop their latent needs. Take shopping which is a common controversy as an example; they can shop thing they don’t really
need but
Accept comma addition
need, but
as a result
of advertisements they think they need them as they become richer by gaining more
money
.
Furthermore
, people could obtain whatever things appear in their mind or thing they wanted when they were a child as they gain more income.
Therefore
,
this
may be contributing to feeling better about themselves.
However
the downside cannot be ignored. The most axiomatic argument is concerned with purchasing more latent needs as people become richer by obtaining more revenue. Considering that, generally speaking, it can be an inevitable fact that whenever people obtain more revenue they may be spending their
money
on thing that they don’t really need and
this
result in people don’t pay attention about the necessary and crucial topics. A good illustration of
this
is people’s child future may be ignored.
Moreover
, purchasing or spending
money
on things are not crucial demand as people obtain more income maybe become a significant contributor to consumerism which is
this
decade concern. To conclude, regardless of benefits, there are a number of drawbacks involved in
this
trend are by no means negligible. In my opinion, spending more
money
as people gain more revenue will bring about many issues that stated former.

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