Many people are using credit cards or loans to run up huge personal debts that they may be unable to repay. It should, therefore, be made more difficult for individuals to borrow large amounts of money. What are your opinions on this? Give reasons for your answer and include any relevant example from your knowledge or experience.

There are many possible options to pay for something,

such

Linking Words

as

credit

Use synonyms

cards and cash. The

credit

Use synonyms

card

Use synonyms

was designed to aid to purchase and nowadays, people are utilizing cards, because it is safer and more convenient than cash. For

this

Linking Words

reason, I believe some people could be drowning in debt with financial institutions, because they overuse the cards to buy.

Therefore

Linking Words

, to avoid

this

Linking Words

situation, financial education can help to get out of the red and demonstrate knowledge to save

money

Use synonyms

. The

credit

Use synonyms

card

Use synonyms

is a tool used to purchase many items, but it is very easy to lose control of spending because only at the end of the month you receive the

card

Use synonyms

invoice with all your expenses made. If you are not in control of spending,

this

Linking Words

will be a difficult situation to pay when you receive the bill. Unfortunately, some people cannot pay off for many reasons

such

Linking Words

as do not have enough cash or do not have a job, as a consequence, it turns difficult to request borrowing if necessary. Almost 9 million young people own

money

Use synonyms

in Brazil,

in other words

Linking Words

, 18% of people up to 20 years there are debts. The experts recommend looking for a professional to help and negotiate with the lender.

Furthermore

Linking Words

, the financial education is important independent of age to raise awareness about

this

Linking Words

subject. The experts show examples of steps to save

money

Use synonyms

and avoid des necessary use of

credit

Use synonyms

cards,

for instance

Linking Words

, create a list of necessary items before shopping, look for the best price in different stores and buy only when is crucial.

In addition

Linking Words

, could to avoid miscellaneous entertainment at crisis moment and keep only the essential expense,

for example

Linking Words

, rent, gas, and food. In conclusion, the

credit

Use synonyms

card

Use synonyms

is an easy tool to buy,

however

Linking Words

, a trick if you do not use it appropriately.

Moreover

Linking Words

, the economic education can give

this

Linking Words

knowledge and show some strategies to manage and do not own

money

Use synonyms

.

This

Linking Words

essay was

also

Linking Words

a demonstrated example of the actions to economize

money

Use synonyms

.