Nowadays, a majority of humans running after money as they think that if they have lots of wealth than they can get all the things which make their lives convenient and comfortable. Due to these a vast amount of masses have great desire to purchase popular brands like clothing, cars, shoes etcetera as well the reason is that people believes in show off, maintain high status and peer pressure among young adults. However, it is a negative establishment for world because it’s wastage of money and people going into debit situations.
There are multifarious factors of this prospective that why people want to buy famous brands and the main is that a huge group of societies have great faith in show off as well as maintaining high standard so that is the reason they deems that if they purchase branded things than it helps them to show other masses how they become rich and these assist them to rise their higher status among communities. Even though, it is common said that branded things are sign of humans wealthier. In addition to this, it is modern phenomena that it’s mandatory for societies that not only provide VIP treatments to the wealthy persons but also offer them huge respect as well so that is why masses want to buy branded goods. Furthermore, the another concerning areas is peer pressure among adults because youngsters have often influence to see their age mates cloths, style as well as standard so that is why they negligible their economic conditions and tries to purchase those items to compete with others. For example, in India, in Delhi a survey conducted by media reported that three quarter people given priority to buy famous brands to maintain their standard in society.
Nevertheless, it is a negative development for the whole globe because it has uncountable disadvantages and the first is that it is a wastage of money as a majority of humans expand each penny of their income to purchase these branded items after that they have not remained any wealth for their future savings. On the other hand, it is often said that saving is insurances for future but humans neglect this perception. Moreover, sometimes humans spend their savings also on these goods. Due to these, they take a big loans to satisfied their status and they have no idea after this what can they do? Similarly, humans have blind after increasing their standard so few times they lose their mental power which perilous for them. Apart from this, a few people are not able to return the debit so that is why they committee suicide. For instance, in Punjab in a little village Bhambuan a body of one person name Dharmpal Singh found hanging on tree by police after the inquiry police told that it was suicide because Dharmpal unable to return loans which he took for purchasing a Verna car.
In conclusion, although branded things are helpful for humans to rise their status symbols but some extent but if humans utilise vast amount of wealth to buy it continues than it is detrimental for their pockets as well as savings.
Nowadays, a majority of
humans
running after money as they
think
that if they have lots of wealth than they can
get
all the things which
make
their
lives
convenient and comfortable. Due to these a vast amount of masses
have
great desire to
purchase
popular brands like clothing, cars, shoes etcetera as
well
the reason is that
people
believes
in
show
off, maintain high
status
and peer pressure among young adults.
However
, it is a
negative
establishment for world
because
it’s wastage of money and
people
going into debit situations.
There are multifarious factors of this prospective that why
people
want to
buy
famous
brands and the main is that a huge group of societies
have
great faith in
show
off as
well
as maintaining high
standard
so
that is
the reason they
deems
that if they
purchase
branded
things than it
helps
them to
show
other masses how they become rich and these assist them to rise their higher
status
among communities.
Even though
, it is common said that
branded
things are
sign
of
humans
wealthier.
In addition
to this, it is modern phenomena that it’s mandatory for societies that not
only
provide VIP treatments to the wealthy persons
but
also
offer them huge respect as
well
so
that is
why masses want to
buy
branded
goods
.
Furthermore
, the another concerning areas is peer pressure among adults
because
youngsters have
often
influence
to
see
their age mates cloths, style as
well
as
standard
so
that is
why they negligible their economic conditions and tries to
purchase
those items to compete with others.
For example
, in India, in Delhi a survey conducted by media reported that
three quarter
people
given
priority to
buy
famous
brands to maintain their
standard
in society.
Nevertheless
, it is a
negative
development for the whole globe
because
it has uncountable disadvantages and the
first
is that it is a wastage of money as a majority of
humans
expand each penny of their income to
purchase
these
branded
items after that they have not remained any wealth for their future
savings
.
On the other hand
, it is
often
said that
saving
is insurances for future
but
humans
neglect this perception.
Moreover
,
sometimes
humans
spend their
savings
also
on these
goods
. Due to these, they take a
big
loans to satisfied their
status and
they have no
idea
after this what can they do?
Similarly
,
humans
have blind after increasing their
standard
so
few times they lose their mental power which perilous for them. Apart from this, a few
people
are not able to return the debit
so
that is
why
they committee
suicide.
For instance
, in Punjab in a
little
village
Bhambuan
a body of one person name
Dharmpal
Singh found hanging on tree by police after the inquiry police
told
that it was suicide
because
Dharmpal
unable to return loans which he took for purchasing a Verna car.
In conclusion
, although
branded
things are helpful for
humans
to rise their
status
symbols
but
some
extent
but
if
humans
utilise
vast amount of wealth to
buy
it continues than it is detrimental for their pockets as
well
as
savings
.