Many people prefer to spend money and not save it. What are the reasons? Is this a positive or negative development ?
Some individuals choose to expend cash rather than save it.
Also
, there are a few reasons why people spend a lot of money? First
and foremost, it shows the status and brand personality of their life style. I personally believe that this
has been a negative development.
On the one hand, why humans are not able to save their cash? Mainly, many people interested to do shopping and it
become a kind of rituals to everyone. In it is
it's
this
context, due to enhancement of technology, now-a-days people can buy anything from online websites and it offers discounts
rates and grabs attention towards people. Especially, over the Suggestion
discount
decade every
Accept comma addition
decade, every
individuals
Suggestion
individual
are spending
most of their income on their Suggestion
is spending
life style
like buying branded clothes and expensive watches. a manner of living that reflects the person's values and attitudes
lifestyle
For Example
, young generation are wasting a lot of money on parties, pubs, shopping etc
because they feel happy. continuing in the same way
etc.
Hence
, it is considered as a serious issue in the current generation.
On the other hand
, if you are not saving your money
Accept comma addition
money, then
then
it has severe effects. Importantly, people who do not plan effectively then
they might face a lot of problems in conjunction used in comparatives
than
future
when an emergency occurs because Suggestion
the future
future
cannot be predicted by anybody. Suggestion
the future
Moreover
, they might end up cashless or no pay in critical situations. Therefore
, they ask help
Suggestion
the help
for
others in medical emergencies. Suggestion
of
For Instance
, people might borrow bucks on
huge interest rates from banks as it is a mandatory in medical conditions.
In Conclusion, few Suggestion
at
person
spend Suggestion
people
persons
many
lavishly on their the most common medium of exchange; functions as legal tender
money
life style
a manner of living that reflects the person's values and attitudes
lifestyle
instead
of saving it for future. I believe it has negative effect
as many has shopping addiction Suggestion
a negative effect
negative effects
also
it will cause financial crisis
on any medical emergencies.Suggestion
the financial crisis
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