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?

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In the contemporary world, it is underestimated the value of saving rather than spending.
Moreover
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, some
people
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get dept by
purchase
Wrong verb form
purchasing
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unnecessary or unaffordable stuff and it has become a huge social problem. I will explore the reasons for
this
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phenomenon and how to prevent
this
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problem.
Firstly
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,
this
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behaviour has a profound connection with the dominant trend that when
people
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value the product the brands and makers are to be considered
first
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then
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how practical is it.
Hence
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, even if the product is overpriced
people
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buy it for vanity to show off.
Additionally
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, as the
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advance it has
Add an article
the
a
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power of persuading from stimulate
buyers' vanity
Change noun form
buyers
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who cannot even afford them.
For instance
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, there are many forms of
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,
however
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, mostly they illustrate the message of elegant
people
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deserve
Change the verb form
deserves
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elegant goods.
Secondly
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, how can we solve or even prevent
this
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situation is that proposing a regulation to the commercial industry and in school at economy class teaches how to manage your asset and what cause bankruptcy. To elaborate, the regulation must include that any
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should not hide implied messages to encourage buyers' vanity and focus on the functions and what it made of.
In addition
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, in the economics textbook, we have to emphasize the importance of saving or investing for the future and enlighten pupils that debt can bring disastrous consequences to your economic status. To conclude, it is obvious that showing off to impress others is meaningless.
Therefore
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, we need to regularize the
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that encourage
people
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to ruin their economic credits.
Submitted by 8080wjdehdgu on

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