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?

Nowadays, there are many interesting
things
that we want to buy. There are some
people
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
.
This
essay will discuss
about
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apply
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the
reasons
of
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for
show examples
this
behavior
Change the spelling
behaviour
show examples
and the solution to prevent
this
problem. There are many
reasons
behind
this
behavior
Change the spelling
behaviour
show examples
.
Firstly
, nowadays, advertisements influence
people
more than ever before. There are many channels to advertise,
such
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
want to be trendy and want to buy
things
with the latest version.
Moreover
,
status
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the status
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issue is one of the
reasons
why
people
want to afford expensive objects.
People
tend to have thoughts about having expensive
things
means they have high
status
in their society. The more
high
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high-status
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status
people
see
,
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apply
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the more opportunities come.
That is
why
people
want to earn more valuable objects even though they can not
afford
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themafford
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.
Consequently
, they have to mortgage to be able to own those
high
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high-status
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status
things
.
However
, educating
people
about
finanacial
Correct your spelling
financial
literacy is one of the solutions to prevent those problems. When
people
know how to manage their money,
people
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
advertisement and
status
issue
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issues
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are
reasons
of
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for
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getting into debt to purchase
things
that
people
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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    • 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

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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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