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?

In
modern
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the modern
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era, some individuals indulged in purchasing items that are not only unnecessary, but
also
they have enough
money
to buy resulting
them
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in them
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to pay
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paying
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debts . In
this
essay, the possible causes and solutions to
this
problem will be provided.
To begin
with , there are two principal reasons for
this
common issue.
Firstly
, The vast majority of
population
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the population
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are
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is
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not able to manage their disposable income properly.
On
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In
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other words , they have not been developing
money
management skills as consumerism patterns . It is undeniable that
,
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apply
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after getting their salaries employees tend to pay their light , water ,
land
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and land
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bills ,
purchase
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and purchase
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groceries and
also
article
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an article
the article
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of clothing.
This
not
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is not
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because they do not have apparel to wear but in order to satisfy their needs.
Consequently
, they make
an impulsive purchases
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impulsive purchases
an impulsive purchase
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at
clothe
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clothing
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stores and even buy most of them
for
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in
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debt .
Secondly
, tantalizing
advertisement
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advertisements
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of different shopping stores and products. Commercial breaks are not only ubiquitous on
the
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apply
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Tv but
also
social
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on social
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media networks and streets. Especially in developed countries, where consumerism reached a peak , the bustling streets were filled with blankets urging
people
to make
an impulsive purchases
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impulsive purchases
an impulsive purchase
show examples
and
borrowing
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borrow
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money
from their relativities. To tackle
this
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these
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pressing matters ,
people
should
have
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apply
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attend
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attended
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courses which can help to address their financial problems and improve
money
management skills. In recent years,
people
can sign up
these
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for these
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courses online .
Additionally
, reducing tempting advertisements of various products
especially
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,especially
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women's favourite cosmetics or
clothe
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clothing
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brands could decline the rise of
this
issue for a while .
Instead
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,Instead
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media can rise awareness among
middle
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the middle
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class to invest their
money
wisely and boost
amount
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the amount
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of
money
they gain every month. In conclusion,
nevertheless
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,nevertheless
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people
have developed bad shopping habits leading to economic instability , they can solve
this
problem by developing
money
management skills and not representing
commercial
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commercials
show examples
in public places could
also
reduce the negative effect of
this
phenomenon.
Submitted by sevinchazimova11 on

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