some people get into debt by buying things they dont need and cant afford . what are the reasons for this behaviour? what action can be taken to prevent people from having this problem?

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

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coherence cohesion
To improve the logical structure, you could organize ideas in clearer paragraphs and use more transitional phrases to guide the reader through your arguments.
task achievement
Make sure to fully develop your ideas with detailed explanations and relevant examples. For instance, explain more about educational campaigns on financial literacy and how they can be effective.
coherence cohesion
The conclusion effectively summarizes the main points and emphasizes the importance of financial education and planning.
task achievement
You provided relevant examples, such as the story of your friend buying a phone on EMI, which helps to illustrate your points.

Your opinion

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Don’t leave your opinion until the conclusion.

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...do you agree or disagree?...do you think...?...your opinion...?

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