The trend of a glamourous wedding has taken over the new generation by storm. I believe it to be a negative development not only because of its mega-disadvantages related to increasing debt and augmenting polarity in social segments, but also because of its primary flaw as becoming penny less in the future. This essay will explore how these mega-drawbacks make this development a positive one.
Firstly, fancy matrimonial ceremonies divide society into rich and poor segments. This is to say, those who spend more money are considered wealthy and reputable, while those with simple arrangements are deemed a lower class of society. Take an example of Brazil, where a significant proportion of young people wanted to show-off by arranging an expensive gathering to look rich in society. Thus, separation of society into an upper and lower class make this development a negative one.
Secondly, people run out of budget to make a lavish wedding. Since a fancy arrangement demands a hefty amount of money, people have to borrow money from banks, friends or relives ending up in debt. This fact can be better explained with an example of Germany, where the National bank has offered public a wedding loan at a 4% markup, and a large proportion is applying for the loan. Hence, pilling up the stress of debt has a negative impact on the married lives of youngsters.
Finally, the future of people who became extravagant on marriage is on stake because this money could be spent on their own betterment such as health and travel insurance. Therefore, spending all savings on a wedding day is not a wise approach, in fact, it is an unwelcome development.
To sum up, the trend of lavish weddings has a bad impact on people in terms of debenture, extending the gap between rich and poor and in the future prospect, all these mega-disadvantages make this a negative development.
The trend of a
glamourous
wedding
has taken over the new generation by storm. I believe it to be a
negative
development
not
only
because
of its mega-disadvantages related to increasing debt and augmenting polarity in social segments,
but
also
because
of its primary flaw as becoming penny less in the future. This essay will explore how these mega-drawbacks
make
this
development
a
positive
one.
Firstly
, fancy matrimonial ceremonies divide
society
into rich and poor segments. This is to say, those who spend more
money
are considered
wealthy and reputable, while those with simple arrangements
are deemed
a lower
class
of
society
. Take an example of Brazil, where a significant proportion of young
people
wanted to
show
-off by arranging an expensive gathering to look rich in
society
.
Thus
, separation of
society
into an upper and lower
class
make
this
development
a
negative
one.
Secondly
,
people
run out of budget to
make
a lavish
wedding
. Since a fancy arrangement demands a hefty amount of
money
,
people
have to
borrow
money
from banks, friends or relives ending up in debt. This fact can be better
explained
with an example of Germany, where the National bank has offered public a
wedding
loan at a 4% markup, and a large proportion is applying for the loan.
Hence
, pilling up the
stress
of debt has a
negative
impact on the married
lives
of youngsters.
Finally
, the future of
people
who became extravagant on marriage is on stake
because
this
money
could
be spent
on their
own
betterment such as health and travel insurance.
Therefore
, spending all savings on a
wedding
day is not a wise approach, in fact, it is an unwelcome development.
To sum up, the trend of lavish
weddings
has a
bad
impact on
people
in terms of debenture, extending the gap between rich and poor and in the future prospect, all these mega-disadvantages
make
this a
negative
development
.