Many people prefer to spend the money they get rather than save it for their future. What are the reasons? Is this positive or negative development?

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In
this
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modern world, a lot of
people
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prefer to use the money they earn to spare it for future needs. I would argue that
this
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phenomenon conveys the adverse consequences.
To begin
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with, a number of communities prefer to spend their income on luxury goods provided that the advancement of social media has made
people
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tend to show off on it.
For instance
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, Instagram, its features possibly makes the society know the updates of their relatives, inner circle, or even strangers outside their countries.
As a result
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,
people
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are more likely to keep being updated by showing the goods or
things
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that they just bought, record and
upload
Wrong verb form
uploading
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them to social media.
Moreover
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, it could lead to a negative development since human beings who see that content might be impulsive and buy the same
things
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even though they have to buy them with instalment.
Furthermore
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, the habit of a consumptive is profoundly affected by the circumstances or inner circles around them. If
people
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around them would like to save their money for
the
Correct article usage
apply
show examples
critical and urgent needs in the future and share their thoughts with them, our habits more or less will be affected.
On the other hand
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, if friends around them are rich and are more likely to show off their branded
things
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,
for example
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, luxurious cars, and we are will be triggered to spend our money buying the same goods or even the more expensive ones to show that they are able to get these
things
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although
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it probably uses their savings To sum up, the growth of technology and circumstances around society has moulded the habit of a person. if we are not selected to absorb the good
things
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among us,
then
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it could give us a negative impact.
Submitted by noviburg28 on

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