The overspending of teenagers is one of the most popular situations in these days. This essay will examine the cause and effect of overspending in the young generation.
The reason behind this unforeseen consequence is because of the advanced economy. People get more wealthy, with bigger earnings/income, which allow their children a more comfortable life. The youngsters, thanks to their parents, have little to worry about their finance, thus, are free to do whatever they want and getting into shopping spree. Another reason is that young people tend to surf the internet often and they can see a lot of interesting items on there, and purchasing items from the internet nowadays is easy. So, they got attracted immediately.
This trend may lead to some negative effects. They could go broke in just a week or less without their parents’ support and it leads to loan, which is not the thing that everybody wants to hear. Or for undergraduate student, it can affect their study since they have to bear a financial burden, too much which will make them lose focusing on the lecture, lead to bad mark. Another consequence is that parents may also suffer from this, if their child spend too much money without thinking.
In conclusion, overspending in teenagers is one of the most concerning problem in any household. If the family don’t teach them about how to spend money, the percentage of broken teenagers will keep rising in the next few years and it will put a detrimental influence on their family and themselves.
The overspending of
teenagers
is one of the most popular situations in these days. This essay will examine the cause and effect of overspending in the young generation.
The reason behind this unforeseen consequence is
because
of the advanced economy.
People
get
more wealthy, with bigger earnings/income, which
allow
their children a more comfortable life. The youngsters, thanks to their parents, have
little
to worry about their finance,
thus
, are free to do whatever they want and getting into shopping spree. Another reason is that young
people
tend to surf the internet
often and
they can
see
a lot of
interesting items on there, and purchasing items from the internet nowadays is easy.
So
, they
got
attracted immediately.
This trend may lead to
some
negative
effects. They could go broke in
just
a week or less without their parents’ support and it leads to loan, which is not the thing that everybody wants to hear. Or for undergraduate student, it can affect their study since they
have to
bear a financial burden, too much which will
make
them lose focusing on the lecture, lead to
bad
mark. Another consequence is that parents may
also
suffer from this, if their child spend too much money without thinking.
In conclusion
, overspending in
teenagers
is one of the most concerning
problem
in any household. If the family don’t teach them about how to spend money, the percentage of broken
teenagers
will
keep
rising in the
next
few years and it will put a detrimental influence on their family and themselves.