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

It is often argued that some

people

have an issue about being in debt by buying things that they have no need and cannot afford.

This

is a serious issue because it can affect

people

’s savings.

This

essay will consider the main causes of

this

behaviour, before proposing a possible solution.

To begin

, an endless necessity of

people

is one key cause.

This

is because many things produced are easily appealing for some, so

people

love to buy things and want them all the time.

For example

, seeing a luxury thing could attract

people

. Another key cause is living in a society having a lot of the rich.

This

means that many of the rich use products which are valuable. They usually change them

although

the products are not old-fashioned. The reason is they are more likely to be modern and fashionable. Once

people

living with the rich, they could follow their behaviour.

However

, a possible solution to prevent

this

problem is making a plan for spending. Due to the fact that buying unnecessary items comes without thorough consideration.

Moreover

, the lack of knowledge in terms of spending could be a future problem, as they do not know how to manage

money

.

For instance

, nowadays medical treatments are expensive, if they get sick, they do not have enough

money

to pay for the treatment.

Therefore

,

people

should know the value of

money

and tackle the issue by making a spending plan. In conclusion, the endless necessity of

people

and living with the rich are the key reasons why

people

could get into debt. I recommend that making a plan is a possible solution that

people

can know how to effectively manage the

money

.