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?
Globalization in one way has made
people
more materialistic. Few get themselves in to
Join the words
into
problem
by getting money from loan sharks in order to maintain status within their community. Fix the agreement mistake
problems
This
essay will discuss briefly about
the cause Remove the preposition
apply
for
these actions and the way we can solve Change preposition
of
this
issue.
People
have become more materialistic and strongly believe that they are valued in a society based on what material things they possess. Eventually
Add a comma
,Eventually
this
drive
them to purchase unwanted lavish products to showcase their social status among their friends and family circle, which Change the verb form
drives
on
Change preposition
in
a
long run Correct article usage
the
make
Correct subject-verb agreement
makes
themselves
land Correct pronoun usage
them
in
huge loans. Change preposition
apply
For instance
, A man earning close to fifty thousand is habitual to buy thigs
worth one lakh using his credit card. If he is unable to pay it in the following month, an interest rate is added to his original outstanding balances Correct your spelling
things
thus
landing him in huge debts. In order to avoid such
issues, this
generation citizens
need to be aware that the values of a person have Change preposition
of citizens
significant
importance in a community than their wealth.
Correct quantifier usage
more significant
In addition
, many are influenced due to
the lifestyle depicted in
Change preposition
on
the
social media platforms by rich and affluent Correct article usage
apply
people
. This
encourages middle class
Add a hyphen
middle-class
people
to live a similar life, neglecting the fact whether they
financially strong enough to adapt Add a verb
arethey
werethey
it
. To illustrate, there is a report in a local newspaper that states 80% of Change preposition
to it
people
visiting foreign countries and opting for huge resorts are people
who are struggling to meet their ends. To mitigate such
issues, topics on financial management should be well educated to all classes of people
.
In conclusion, better
understanding of managing finances and the knowledge that material things have less impact on the way a person treats you will enable Add an article
a better
people
to pick things that
is
actually necessary for them. Change the verb form
are
However
, this
basic understanding itself will prevent people
from falling in to
huge debts.Join the words
into
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