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

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Nowadays, there are many interesting
things
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that we want to buy. There are some
people
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who
have
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do have
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not enough money and get into debt to be able to purchase those
things
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.
This
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essay will discuss
about
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apply
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the
reasons
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of
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for
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this
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behavior
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behaviour
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and the solution to prevent
this
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problem. There are many
reasons
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behind
this
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behavior
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behaviour
show examples
.
Firstly
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, nowadays, advertisements influence
people
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more than ever before. There are many channels to advertise,
such
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as on television, in
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a newspaper
the newspaper
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newspaper
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newspapers
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or even on the internet. These make
people
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want to be trendy and want to buy
things
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with the latest version.
Moreover
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,
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status
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the status
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issue is one of the
reasons
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why
people
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want to afford expensive objects.
People
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tend to have thoughts about having expensive
things
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means they have high
status
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in their society. The more
high
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high-status
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status
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people
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see
,
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apply
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the more opportunities come.
That is
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why
people
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want to earn more valuable objects even though they can not
afford
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themafford
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.
Consequently
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, they have to mortgage to be able to own those
high
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high-status
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status
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things
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.
However
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, educating
people
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about
finanacial
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financial
literacy is one of the solutions to prevent those problems. When
people
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know how to manage their money,
people
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will become more careful about their expenditure and try to figure out how to earn more money to be able to buy whatever they want. In conclusion,
although
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advertisement and
status
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issue
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issues
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are
reasons
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of
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for
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getting into debt to purchase
things
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that
people
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do not need and can not afford, we can prevent these problems by educating about financial literacy to citizens of their countries.
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For we to consider an essay structure a great one, it should be looking like this:

  • Paragraph 1 - Introduction
    • Sentence 1 - Background statement
    • Sentence 2 - Detailed background statement
    • Sentence 3 - Thesis
    • Sentence 4 - Outline sentence
  • Paragraph 2 - First supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 3 - Second supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 4 - Conclusion
    • Sentence 1 - Summary
    • Sentence 2 - Restatement of thesis
    • Sentence 3 - Prediction or recommendation

Our recommended essay structure above comprises of fifteen (15) sentences, which will make your essay approximately 250 to 275 words.

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Topic Vocabulary:
  • consumerism
  • financial literacy
  • impulse buying
  • credit score
  • debt management
  • sustainable living
  • emotional spending
  • budgeting skills
  • peer pressure
  • retail therapy
  • frugality
  • credit limit
  • financial counseling
  • minimalistic lifestyle
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