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?

In recent times it’s easier to find
people
that, even though they are struggling financially or are already in debt, continue to spend
money
to buy things that are not necessary. If you analyse the reasons behind
this
type of choice, it can be seen that it’s mostly due to psychological factors. Because of that, there’s a need for projects that could raise awareness on
this
matter. One of the causes of
this
problem seems to be psychological. In fact,
people
are mostly corrupted by today’s society and they feel the need to buy and spend
money
each day, sometimes on things they don’t even realise are not needed.
Moreover
, once they reach the point where they’re already in debt, most
people
end up not caring anymore about their financial status, mostly because they notice that the damage it’s already done.
For example
, I've seen
people
continue to gamble even if they already lost most of their
money
because they didn't have anything to lose anymore. To put an end to these situations, there’s only one thing that can be done: raise awareness. If the government took time to create projects and campaigns to make adults aware of
this
matter and to guide those
people
, so that they can understand how to properly manage their
money
, the situation would probably be under control. To sum up, more and more
people
during the
last
years have started to spend
money
on objects that are useless and that happens because of how our society works nowadays and because of psychological reasons,
however
much can be done to help them, and the government should start with campaigns to raise awareness and projects to teach
people
how to spend efficiently their resources.
Submitted by enzo.basile1 on

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