Some people get into debt by buying things they don't need and can'f afford. What are the reasons for this behavior? What action can be taken to prevent people from having this problem?

Unfortunately
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,Unfortunately
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our world lately became very materialistic.
People
over use
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overuse
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credit
cards to buy goods that they don't really need and
thet
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that
they cannot actually afford. In my
opinion
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,opinion
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this
behaviour is a consequence of
the
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apply
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social media and the fact that
people
are
to
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too
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worried about other
people
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people's
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thoughts.
Firstly
, with the advent of social platforms
as
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such as
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Tik Tok and Instagram,
people
in general are much more under
eye
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the eye
show examples
than before. So, everyone feels like they have to act as influencers and show that they have an amazing life. The problem is that most of the
times
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time
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they cannot afford
this
life style
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lifestyle
show examples
, so they abuse
of
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apply
show examples
credit
cards, keeping accumulating debts that hardly they would pay back on time.
Moreover
, with
this
behaviour, these
people
will get to a point where they are full of
debts
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debt
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. With a really low
credit
score, they will not be able to afford the
life style
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lifestyle
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that they
were use
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were used
were using
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to
have
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apply
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. My suggestion is that
,
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apply
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Banks should not allow everyone to have
credit
cards, or in the case they have good credentials, check constantly on them. As soon they start to put back the money too late, block the
founds
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funds
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,
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apply
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until they
restor
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restore
the account. Avoiding them to spend too much money which they don't actually own. So, I truly believe that
this
pathetic behaviour
come
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comes
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from the reality that
people
, in the new world, really like to show off and make others think that they are rich. We all should be more humble and do what we can, not caring about the judgments. What really matters is how we are inside, not the expensive car or the
jewelery
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jewellery
that we possess.
Submitted by leccaantonio1992 on

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