A lot of people nowadays are spending too much money and they do not save anything for future use. What are the reasons for people spend too much? Is this a positive or negative development?

These days, so many
people
tend to have more unnecessary expenses rather than allocate
it
Correct pronoun usage
them
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into
Change preposition
to
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their savings
account
Fix the agreement mistake
accounts
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for future plans.
This
essay will discuss that ads’ influence and social status could be the reason behind
this
phenomenon, and
this
essay will
also
consider
this
event as a negative development. First of all, the media have been growing rapidly for
past
Correct article usage
the past
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decades.
As a result
, there is an increasing number of ads being produced to meet the demand.
This
massive
ads
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ad
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production has so many influential messages for the watcher to buy the product. Recent surveys about product marketing state that MacDonald witnessed an increasing trend
up
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of up
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to 60% when they shared their new product through communal-based street ads.
Moreover
,
people
nowadays tend to care so much about social status.
This
happened mostly because many
people
use social media just to brag
over
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about
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their
wealthness
Correct your spelling
wealthiness
. In consequence, social standards will be uncontrolled and
people
will compare themself
toward
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to
show examples
unrealistic social media stars.
On the other hand
,
this
uncontrolled expenditure can lead to several problems in the future.
To begin
with, the cost to build an actual house will continue to rise throughout the years. If
people
do not have enough plans and savings for them to have a place to stay in the future, they are likely to become homeless. Some studies said that there
have
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has
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been an alarming rate of homeless
people
over the past 5 years all over the world.
Furthermore
, inflation will always happen, resulting in higher living costs globally.
To conclude
, massive ads’ influence and social status could be the main contributing factor
why
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to why
show examples
people
spend on unnecessary things nowadays.
This
is considered a negative development because it can lead to an increasing number of homeless in a country.
Submitted by zhafirahajarr on

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