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 this problem?
It has been universally acknowledged that the problem of crucial in guiding their children to buy only useful things and help them to become financially stable.
people
getting into debt is escalating at an alarming rate in the current scenario. Use synonyms
Although
there are several reasons, some sensible solutions are Linking Words
also
here to curb Linking Words
this
grave concern.
Commencing with the causes which are responsible for its growth. Linking Words
Firstly
, advertisements play a crucial role in convincing Linking Words
people
to buy unnecessary things even though it's out of their budget. Use synonyms
This
might be because of how exaggerated advertisements are made, Linking Words
such
as showing the product as expensive and luxurious, which attracts the public. Linking Words
For instance
, a recent survey held in the USA has shown that all the expensive bags were sold out because of the mobile advert by the brand Gucci which made the public buy it. As a consequence, Linking Words
people
with low budgets were in debt. Use synonyms
Secondly
, children from a very young age decide to move out when they are not familiar with right or wrong, which can Linking Words
also
put them in debt.
In order to solve Linking Words
this
serious issue, some measures can be taken. Linking Words
To begin
with, the government can ban the advertisements of expensive products on television and mobile phones so that middle-class Linking Words
people
do not get charmed by Use synonyms
such
products. Linking Words
Moreover
, parents can playLinking Words
Correct article usage
a
For instance
, a recent study has shown that parents play a vital role in their children's financial stability in the UK. Linking Words
Therefore
, 67% of Linking Words
people
are successful.
In conclusion, after taking everything into consideration, the above-mentioned problems could be solved by the given solutions. If the proposed alternative solutions were to be implemented, the potential problems could be reduced to some extent, even if not totally eliminated.Use synonyms
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