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

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Purchasing unnecessary items poses a severe threat to individuals' life.Several personages purchase unwanted and costlier products which creates a debt situation .
This
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has a plethora of causes whereas; few remedial steps can be taken to tackle the problem. There are
the
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apply
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myriad reasons for
this
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development.The foremost cause ; is easy access to beneficiary card services .
This
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is to state that in these recent days and ,ages every singleton used to carry a card despite buying things without paying money .
For instance
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, a customer did shopping worth fifty thousand rupees without paying a penny .Though after availing of sundry benefits buyer has to return the same amount to a bank within a due period .
This
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overturns results in a challenging situation for human beings .
Moreover
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,people can switch to a better option of EMI service.
That is
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bringing branded products at home at zero rates of interest .
For example
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,my cousins brought an automated car through a zero-down payment mode and decided to pay monthly charges for the same .But somehow he lost his job and the due payment kept on surging within no time a notice period letter was been sent which lead to an arduous situation for a person .
However
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,few measures can be taken to mitigate
this
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.
To begin
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with , the authority should reassess a person's bank statement while issuing a debit card facility.To add to
this
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,along with bank account individual's Job security ,housing should be verified .
Additionally
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,human beings should plan their budget according to their monthly expenses whereas efficient planning helps individuals save money for the upcoming life . To conclude ,several facilities have been provided by the legislation and their easy access make personages buy things haphazardly
although
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;proper fiscal planning and stringent regulations can help society to be free from debts crisis .
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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
  • Impulsive purchasing
  • Financial literacy
  • Debt management
  • Budgeting skills
  • Credit facilities
  • Emotional spending
  • Therapeutic shopping
  • Fiscal responsibility
  • Credit card debt
  • Financial education
  • Social status
  • Retail therapy
  • Economic behavior
  • Spending patterns
  • Compulsive buying
  • Financial solvency
  • Advertising influence
  • Societal expectations
  • Long-term consequences
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