Some people get into debt by buying things they don’t need and can’t afford. What are the reasons for this behaviour? What actions can be taken to prevent people from having this problem? Give reasons for your answer and include any relevant examples from your own knowledge or experience.

Evidance
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Evidence
suggests that
,
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apply
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some parts of society undergo loans in order to purchase products which are expensive and useless.
Although
there are specific root causes behind
this
behavior
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behaviour
show examples
, some steps can be adopted to tackle
this
problem. There are two main reasons why some
people
tend to
overspending
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overspend
show examples
on unnecessary items.
Firstly
, the customer culture puts pressure on
people
to follow
this
trend. media
such
as television and internet shows purchasing would lead to
the
Correct article usage
apply
show examples
happiness and success so as a direct result, more and more
people
encourage
Wrong verb form
are encouraged
show examples
to
overspending
Wrong verb form
overspend
show examples
.
Secondly
, emotional spending accounts for splurging on products.
indivituals
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Individuals
buy things to stay away from
negetive
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negative
emotions
such
as stress and anxiety,
while
this
is temporary
relife
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relief
show examples
and
negetive
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negative
side-effects are long-lasting. There are,
however
, some solutions to
perevent
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prevent
the progress of overspending among the public.
On
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One
show examples
step would be changing the approach of media to
prevelent
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present
the correct form of life and
shows
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show
show examples
being successful is not related to
the
Correct article usage
apply
show examples
purchasing. Take movies that stream as an example, these movies need to teach
people
how being prosperous comes from their personal features not surrounding factors
such
as their physical possessions. Another viable alternative is to raise
people
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people's
show examples
awarness
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awareness
by educating them in schools and universities about how they can cure their
negetive
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negative
emotions
instead
of aimless buying which is more effective and permanent.
To conclude
, the community purchase things
while
Correct word choice
when
show examples
they do not need them
because of
Change preposition
for
show examples
many reasons
such
as advertising and mental state. In spite of all contributing factors,
Correct article usage
a porper
show examples
porper
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proper
approach implemented by the media and educational centres may reduce the
negetive
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negative
effects of
this
phenomenan
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phenomenon
phenomena
considerably.
Submitted by m.tavasoli18 on

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Vocabulary
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Examples
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Introduction/Conclusion
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Task Response
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Topic Vocabulary:
  • consumer culture
  • impulsive buying
  • financial literacy
  • accumulating debt
  • high-interest rates
  • emotional spending
  • financial education
  • budgeting
  • materialism
  • personal well-being
  • mandatory financial counseling
  • tighter lending criteria
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