Some people get into debt by buying thing they do not need and cannot afford. What is the reason for this behaviour? What action can be taken to prevent people from having this problem?

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Many
people
Use synonyms
using a
debit
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carddebit
Correct your spelling
card debit
card debt
card
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to acquire possession which is unnecessary and out of their reach. There are a number of reasons which I will discuss in the upcoming paragraph and describing the reasonable solution for
such
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situation
Correct article usage
a situation
show examples
. In
this
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fast-paced ,
senario
Correct your spelling
scenario
everyone like to obtain expensive clothes and luxury life.No doubt that these development make the human life easy but
on the other hand
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it is a kind of burden.
Firstly
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,
people
Use synonyms
using a
debit
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card
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for getting new and high-priced possession for taking and uploading pictures on various social media
such
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as Facebook,Instagram,TikTok and so on.
Secondly
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, the significant growth of many elite Malls, that attract the masses in spending money on jewellery, branded clothes and gadgets.
Lastly
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, with the apply of
credit
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card
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people
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who have an average range of salary will
also
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obtain branded things. Buying unnecessary things using the
debit
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will lead to a serious problem for many of the cardholders. There are many things that
people
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could do to mitigate the problem. One of several reasons is that there should be provided with a clear regulation about a
credit
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card
Use synonyms
that must be followed by banks and financial institution, regarding the process to get a
credit
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card
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. To ensure that every individual must have a limited amount of access to
credit
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card
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according to their income.
Moreover
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, for adding more malls into the cities
instead
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, the government should build more parks and children playgrounds.
Therefore
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,
people
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should have more options for entertainments
besides
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going to
shopping
Add an article
the shopping
a shopping
show examples
center
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centre
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. To be concluded, it is true that
Add a hyphen
public-facing
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public
Correct article usage
the public
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facing any problems with the apply of
debit
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for obtaining luxury and fancy goods. To solve
this
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problem, the government should build more recreational parks or area where
people
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should spend their time
instead
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of malls.

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Support ideas with relevant, specific examples

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Linking words for giving examples:

  • for example
  • for instance
  • to illustrate this
  • to give a clear example
  • such as
  • namely
  • to illustrate
  • take, for example

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Topic Vocabulary:
  • Consumerism
  • Impulsive purchasing
  • Financial literacy
  • Debt management
  • Budgeting skills
  • Credit facilities
  • Emotional spending
  • Therapeutic shopping
  • Fiscal responsibility
  • Credit card debt
  • Financial education
  • Social status
  • Retail therapy
  • Economic behavior
  • Spending patterns
  • Compulsive buying
  • Financial solvency
  • Advertising influence
  • Societal expectations
  • Long-term consequences
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