Introduction
Life has changed over the years. The biggest problem is not worrying about being able to eat something anymore, but the biggest desire of people nowadays is to buy expensive gadgets even if they cannot afford them.
This
unwise action might lead to debt. Some of the reasons are connecting to the idea of showing the status in the society. By introducing stricter rules, related to the loans, might be a solution.Linking Words
Body paragraph 1
Everyone has their own place not only in their family or in the workplace among coworkers but
also
everywhere they go and in every group. These positions can be occupied with behaviour and with possessions. Linking Words
For instance
, if we see a man in a shirt with a Rolex watch in his arm driving a BMW Linking Words
then
we might think that he is a wealthy person, Linking Words
thus
we will treat him with respect. For Linking Words
such
reason, people are willing to spend more on pieces of equipment which are not necessary for their life and cost too much to pay by themselves.Linking Words
Body paragraph 2
There are already exist a few rules directing the method who can have an instalment and who cannot.
However
, human beings tend to trick the system as having credit to be able to pay another loan. Were the possibilities reduced and broadened, the requirements would make it harder to create a debt. Linking Words
For example
, one person only can have one credit and maybe Linking Words
this
would reduce the possibility of a mortgage.Linking Words
Conclusion
To summarize, with severe new laws the human greed could be controlled and reduced the expenses for unnecessary accessories. Hopefully, someday, humanity will be able to learn how to use money wisely.