Many people prefer to spend money and not save it. What are the reasons? Is this positive or negative development?

Globalisation brought us the sophistication, which we felt as non mandatory goods a

demobilecade

ago,

such

as electronic gadgets and mobile phones. It becomes one of the fashion code to replace the phone every year, which includes a hefty price.

This

is one of the

example

Suggestion

examples

, indicates unnecessary spendings in recent years globally. A

breif

of short duration or distance

brief

detail as an introduction, does spending

money

is a sign of positive development?

first

preceding all others in time or space or degree

First

discuss

on

Suggestion

about

the good impact. People

goes

Suggestion

go

are going

out for shopping, keeps them stress free and roaming around shopping malls, get them mind

diversed

of someone whose marriage has been legally dissolved

divorced

diverse

diversity

.

Purchase

Suggestion

Purchasing

power parity, a scale to measure to country's purchasing capability. A system which

rely

Suggestion

relies

on a data, how much an individual can spend, which can contribute to

nation's economy

Suggestion

the nation's economy

and can be

further

developed by the

money

flow. Around the globe, nation's prefer their citizen's to spend more and allow

corporates

to attract the people. It's a good indication, as a

country

Suggestion

country's

development.

Second

point,

balanced income

Accept comma addition

balanced, income

versus expense always gives us a happy life. Experts say huge

debit

the state of owing something (especially money)

debt

will lead to the mental depression,

such

as

lose

Suggestion

losing

focus on work and spend less time wife and children. A huge spending leads to less savings, which cannot help you during survival,

such

as job loss and major medical expenses. But, still people are spending more and justifying it. They get more pleasure, but they don't know, it's just temporary. Organise your spendings, try to use an

expenditure

Suggestion

expensive

app, which helps you

monitroing

Suggestion

monitor

monitoring

your expenses. Prepare a budget and spend smart. Important to mention it, always allot

money

for

miscellanious

consisting of a haphazard assortment of different kinds

miscellaneous

expenses,

such

as mini trip, gadgets and electronics. Avoid monthly

installments

a payment of part of a debt; usually paid at regular intervals

instalments

, which is one of the

blacksheep

Suggestion

black sheep

, which will make you not to feel the overload on

temporary basis

Suggestion

a temporary basis

. Keep least priority on unnecessary things, advertisement is a kind of

a

Suggestion

an

art and attracts you, says 0% profit and 0% down payment. Always discuss with family members, before considering on a major

expenses

Suggestion

expense

.

Finally

, A calculated expense is the best way of spending

money

, to secure your future and spending

lot

Suggestion

lots

on

Suggestion

of

unwanted things, just let you be happy and it's just

an

Suggestion

a

nightmare.