Some people get into debt buying things they don’t need and can’t afford. What are the reasons for this behaviour? What actions can be taken to prevent people from having this problem?

Many people have the habit of buying things every now and
then
, irrespective of the usage or importance. They buy items in
such
a way that they are just fond of busying and not for any purpose of utilization. In fact, they are not even aware of why they are buying those things at t
hat time a
Suggestion
were buying
nd to what extent they are useful. They purchase just for the sake o
f doing
Suggestion
have purchased
so and no means of thta; even when they don't h
av e
pointing out something
that
money in hand or their
bank accou
Suggestion
have money
nts, they got to buy on debts. These can be personal or hand loans, sage of credit cards, bank loans, etc, which are illogical and
cl
continuing in the same way
etc.
ueless. Shopping in abundance make them feel they are rich
and
Suggestion
makes
show
this
to the society as if they are posh.
For example
, buying clothes in bulk for an occasion like marriage or birthday is really valid whereas, the
such
in c
ase of a norm
Accept comma addition
valid, whereas
al day, without any cause or reason, obviously makes difference. It not only incr
eases the
Suggestion
a difference
unnecessary liabilities but
also
creates
frustration in
Accept comma addition
liabilities, but
a slow pace of life, due to non-repayment or bankruptcy. Many-a-times, bigshots really require to d
o shoppi
a prejudiced person who is intolerant of any opinions differing from his own
bigots
big shots
ng continuously, involve in getting varied products like clothes, sometimes, gold or silver ornaments, shoes, decorative items, heavy vehicles and so on. An exemplary of
such
is bollywo
od or hol
Suggestion
exemplar
lywood actor
s, actres
the film industry of India
Bollywood
plywood
ses,
business
the film industry of the United States
Hollywood
magnets,
likewise
. The unknown fact is that a miser cannot become a spendthrift and viceversa, even if essesntia
l to be s
Suggestion
vice versa
o, at time
s, because
absolutely necessary; vitally necessary
essential
of their basic habituaries.
H
owever, peo
a notice of someone's death; usually includes a short biography
obituaries
ple has to think a lot before sp
end
Suggestion
have
ing much on
such
luxuries, rather can donate to any orphanages, old-age homes, road side or street side beggars in forms of food, clothing or any blankets.
Finally
,
this
happens when controlling or reducing of high amounts of expenses cannot take place.

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    • Sentence 2 - Detailed background statement
    • Sentence 3 - Thesis
    • Sentence 4 - Outline sentence
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    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
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    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
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Topic Vocabulary:
  • consumer culture
  • impulsive buying
  • financial literacy
  • accumulating debt
  • high-interest rates
  • emotional spending
  • financial education
  • budgeting
  • materialism
  • personal well-being
  • mandatory financial counseling
  • tighter lending criteria
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