some people get into debt 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

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Nowadays , some people take money from their friends or family to buy some
stuff
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that they don'
t
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need and that doesn'
t
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have value for
this
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thing .
This
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essay will discuss the reasons for
this
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problem and the solution . In my opinion , when folk buy things at a high price, they feel good and think that that
stuff
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gives them value .
For example
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, when someone buys an expensive watch they feel that the population will think about them with a nice idea and they will look good so the image which society sees them , by more important than it they can buy it or not. The next reason is that the person who does
that is
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not responsible and does not think about the negative result which will come
after
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this
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activity , only they think about themself and the feeling they will feel at that time . The main solution for
that is
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to make the public more aware of
this
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problem by doing some lectures to make those who do
this
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behaviour think more about what they doing and do good things .
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, it depends on parents and their parenting for their children, they should teach them that it,s not important to buy
stuff
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at a high price and they don'
t
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change any things about them
also
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tell them that if they want anything they should work hard to get by their effort and by their money they can buy whatever they want .
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, friends can affect them so they have to choose their close folk carefully . In conclusion , there are a lot of communities who buy
stuff
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they don'
t
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have the price of it , so the reasons for that they think that
this
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stuff
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makes them feel better and gives them value .
Moreover
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, there are not responsible . The suggestion to tackle
this
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problem share awareness and parents should take care of their children .
Submitted by 22-0180 on

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Topic Vocabulary:
  • consumerism
  • financial literacy
  • impulse buying
  • credit score
  • debt management
  • sustainable living
  • emotional spending
  • budgeting skills
  • peer pressure
  • retail therapy
  • frugality
  • credit limit
  • financial counseling
  • minimalistic lifestyle
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