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

Nowadays, a lot of
people
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feel the need to impress others by funding a luxurious
lifestyle
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. They go
the
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to the
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extent of borrowing money, acquiring things they do not even need, and are
way
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above their means. There are several reasons
people
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choose
such
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way
Correct article usage
a way
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of life, two of which
of
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apply
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are a lack of proper financial
education
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, and peer pressure. Notwithstanding, there are
likewise
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effective measures that could be applied to manage
this
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. One of the reasons why one would prefer to go after a fancy
lifestyle
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at the expense of financial freedom is inadequate financial grooming. A lot of
people
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are well grounded in their knowledge of mathematics,
english
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English
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, and other courses offered in school but the subject of money management.
This
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is mainly because a lot of educational institutions downplay the importance of financial
education
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. Another reason
people
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do not prioritize their expenses is they feel the need to feel
among
Correct pronoun usage
among themselves
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. Children who are not well grounded in who they are within themselves always want to fill that void by keeping up appearances.
In other words
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, low
self esteem
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self-esteem
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is the reason one might fund an expensive
lifestyle
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they cannot afford, just to appear a certain
way
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before others they feel are competition to them.
Nevertheless
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, I believe there are a number of ways
this
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problem can be tackled.
Firstly
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,
introduction
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the introduction
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of courses that are financially empowering in school, both at elementary and higher
education
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levels. Just like physical
education
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informs healthier
lifestyle
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choices, so does financial empowerment to making better money choices.
Secondly
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, cultivating a healthy self-perception in our young ones. If children are groomed by their parents to understand that the true estimation of
ones
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one's
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wealth is not from what they acquire but who they are from within, they would feel no pressure
impress
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to impress
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people
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at their expense. In conclusion, a lack of financial
education
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, and unhealthy self-esteem are the reasons
people
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go over and beyond to live a life they cannot afford. I believe proper exposure to financial knowledge, and more intentional parenting is a
way
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of
this
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.

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task achievement
Make sure each main point you discuss has a clear example to support it.
coherence and cohesion
Use linking words to make your ideas flow better from one to the next, like 'firstly', 'additionally', or 'in conclusion'.
coherence and cohesion
Try to make some sentences shorter for better understanding; simplicity is key!
coherence and cohesion
Your essay has a clear structure with an introduction, body paragraphs, and a conclusion.
task achievement
You address the question well and present good reasons for the behavior discussed.

Your opinion

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