In many nations 
people
 are getting into Use synonyms
debt
 by borrowing more money from Use synonyms
bank
, financial houses and Fix the agreement mistake
banks
from 
other investment firms Change preposition
apply
this
 Linking Words
problem
 is getting bigger Use synonyms
everyday
. Several Replace the word
every day
people
 are buying unwanted Use synonyms
things
 which Use synonyms
is
 not needed for their Change the verb form
are
life
 and they are paying too much for those products and Use synonyms
service
. Fix the agreement mistake
services
This
 essay gives the major causes for Linking Words
this
 unwanted buying Linking Words
Use synonyms
things
 and solutions to prevent Change preposition
of things
this
 Linking Words
problem
.
 In Use synonyms
modern
 Add an article
the modern
world
 Add a comma
world,
people
 are getting into Use synonyms
debt
 Use synonyms
Use synonyms
trap
 so easily all financial firms are planning to pull working professionals into Fix the agreement mistake
traps
this
 Linking Words
debt
 Use synonyms
trap
 cycle. The main Use synonyms
problem
 is with Use synonyms
people
 and they want to explore Use synonyms
lot
 of Add an article
a lot
things
 it can be a new product or service in the market, They like to travel a lot and they Use synonyms
spent
 so much on these Wrong verb form
spend
things
, so they don't have any money in their savings so they borrow. Another major Use synonyms
problem
 is Use synonyms
people
 Use synonyms
are having
 many desires these days, Wrong verb form
have
people
 want to live a fake Use synonyms
life
 by looking into others Use synonyms
Use synonyms
life
 Change noun form
'
styles
 and to achieve these Correct your spelling
lifestyles
things
 Use synonyms
people
 Use synonyms
spent
 more money so Wrong verb form
spend
as a result
 they borrow and buy Linking Words
things
 which is unnecessary for their Use synonyms
life
. Use synonyms
For example
, my friend bought a brand new phone for Rs 1,00,000 by EMI option from Linking Words
local
 fund house and now he paying 18% interest, now he is in financial trouble. 
To prevent Correct article usage
a local
people
 from getting into Use synonyms
debt
 we need to educate them more on financial Use synonyms
informations
 like loan drawbacks, loan Change the wording
information
pieces of information
schems
, Correct your spelling
schemes
scheme
law
 and regulations from the government. The best way to Fix the agreement mistake
laws
avoiding
 Wrong verb form
avoid
this
 Linking Words
debt
 Use synonyms
problem
 is by giving more awareness towards public governments Use synonyms
are doing 
Verb problem
apply
Linking Words
this 
they are giving Correct pronoun usage
apply
advertisments
 related to loans and Correct your spelling
advertisements
debt
 traps and Use synonyms
people
 can have a plan B Use synonyms
solutions
 to avoid Fix the agreement mistake
solution
this
 Linking Words
debt
 Use synonyms
trap
. Use synonyms
For example
, my friend avoided his Linking Words
debt
 Use synonyms
trap
 by using his gold savings to pay his loans, so having a plan B always help in these situations
 In conclusion, Use synonyms
people
 need more education and Use synonyms
awarness
 about their Correct your spelling
awareness
financial
 and economy. They should have a plan B to avoid an unexpected financial Replace the word
finances
problem
 these are essential for Use synonyms
people
.Use synonyms