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

The modern world is imprisoned by the claws of consumerism, with daily accumulating traps through marketing. A certain percentage of the population gets entrapped in
this
guacamole via spending more than they can afford.
This
essay elucidates the reasons for
this
and solutions
out of
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to
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the entrapment.
Firstly
, the root causes
for
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of
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unexhausted shopping culture should be discussed. The augmented reality of media can be taken as one of the main sources
for
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of
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the problem. To elaborate
further
, the celebrity lifestyles promoted and advertised by the television or social media prompt people to
fulfill
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fulfil
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the gaps in their own life
through
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by
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gaining ownership of luxurious items.
For example
, Instagram profiles of Kardashians have been found to push commoners to waste their fortune on expensive clothes and makeup materials.
Such
overspending can lead to debt and bankruptcy, as their income remains the same.
Secondly
, a way out of
this
lunacy can be found through simple changes in habits. A person necessarily should be empowered in money management at an earlier age.
Furthermore
, financial literacy can equip someone with the intelligence to avoid any extra expenses out of the budget.
For instance
, when that kind of knowledge becomes hardwired to the brains they tend to see clearly the deceiving nature of the outer society.
Hence
, they rarely burn away income unnecessarily and hazardously. In conclusion,
colorful
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colourful
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lives painted by brand marketers sometimes enslave crowds via overspending.
However
, addiction
towards
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to
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that kind of behaviour can be overcome by being armed with strategies for managing one's salary carefully.
Submitted by rasu.ranasinghe on

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