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People lend a lot of money. Reason? Solution?

People lend a lot of money. Reason? Solution? E3eBM

Recently the tendency of lending money for irrational and expensive purchases is getting more common among people. The motive of buying luxury items is not only lead by internal desires but also pushed by the society. By controlling the process of giving debt and introducing finance management subjects at schools, people can turn themselves to a more modest lifestyle. The primary reason for modern people taking debt is dissatisfaction with themselves and trying to keep in trend. By purchasing expensive cars and clothes a person tries to feed his ego and feel respected since it is thought that wealth is an indicator of high status. Besides this, the advertisement is persuading people to buy brandy and fashionable things linking this to happiness. Consequentially, people buy lots of unnecessary things However, the problem can be prevented at the beginning of the lending process by setting strict rules. Analyzing the solvency of a debtor and his purpose for incurring debt can guarantee that the money will be paid back and a person will not be obligatory for a long time. Moreover, children can be educated by parents and at schools to wisely manage their money which will ensure they do not make big mistakes in the future. This way the number of debtors in the country may be reduced which will affect the whole society. To conclude, there are understandable reasons for people taking money for luxuries, but the wise approach to this situation can recover this

Recently the tendency of lending You use this word too often, consider replacing it withsalarywagewealthpaybillcash
money
 for irrational and expensive This phrase/word (depending on the context) can be potentially replaced with :acquires
purchases
 is getting more common among You use this word too often, consider replacing it withcrowdfamilycommunitynationsocietypublic
people
. The motive of buying luxury items is not This phrase/word (depending on the context) can be potentially replaced with :exclusively
only
 lead by internal desires This phrase/word is too simple and can be replaced with:on the contrary
but
also
 pushed by the society. By controlling the process of giving debt and introducing finance management subjects at schools, You use this word too often, consider replacing it withcrowdfamilycommunitynationsocietypublic
people
 can turn themselves to a more modest lifestyle.

The primary reason for modern You use this word too often, consider replacing it withcrowdfamilycommunitynationsocietypublic
people
 taking debt is dissatisfaction with themselves and trying to This phrase/word (depending on the context) can be potentially replaced with :retain
keep
 in trend. By purchasing expensive cars and clothes a person tries to feed his ego and feel respected since it is This phrase/word (depending on the context) can be potentially replaced with :reckonedassumedbelievedconsidered
thought
 that wealth is an indicator of high status. Besides
 this, the advertisement is persuading You use this word too often, consider replacing it withcrowdfamilycommunitynationsocietypublic
people
 to This phrase/word (depending on the context) can be potentially replaced with :purchase
buy
 brandy and fashionable things linking this to happiness. Consequentially
, You use this word too often, consider replacing it withcrowdfamilycommunitynationsocietypublic
people
This phrase/word (depending on the context) can be potentially replaced with :purchase
buy
 lots of unnecessary things

However
, the problem can be This phrase/word (depending on the context) can be potentially replaced with :precluded
prevented
 at the beginning of the lending process by setting strict This phrase/word (depending on the context) can be potentially replaced with :requirements
rules
. Analyzing the solvency of a debtor and his purpose for incurring debt can guarantee that the You use this word too often, consider replacing it withsalarywagewealthpaybillcash
money
 will be paid
 back and a person will not be obligatory for a long time. Moreover
, children can be educated
 by parents and at schools to wisely
 manage their You use this word too often, consider replacing it withsalarywagewealthpaybillcash
money
 which will ensure they do not This phrase/word (depending on the context) can be potentially replaced with :createconstructmanufactureproduce
make
This phrase/word is too simple and can be replaced with:hugeenormousgiganticvast
big
 mistakes in the future. This way the number of debtors in the country may be This phrase/word (depending on the context) can be potentially replaced with :alleviated
reduced
 which will affect the whole society.

To conclude
, there are understandable reasons for You use this word too often, consider replacing it withcrowdfamilycommunitynationsocietypublic
people
 taking You use this word too often, consider replacing it withsalarywagewealthpaybillcash
money
 for luxuries, This phrase/word is too simple and can be replaced with:on the contrary
but
 the wise approach to this situation can recover this