Buying unnecessary things despite some people's financial limitation and getting into debt have affected our society severely. There may be various reasons for this attitude, but in my opinion, competition, social tradition, greed, marketing tactics, and materialistic expectation are the influencing factors for such a trend. Prudent thinking, positive mentality and some laws can prevent it.
Firstly, some people feel an invisible competition and they try to prove their superiority by having more and thus made a habit of showing off. For instances, if someone buys a latest electronic gadget, many others, who feel the invisible competition, might get frustrated for not having the latest model. Many of them would actually buy the latest model just to be ahead of the competition. Sometimes, they will borrow from others to have those materialistic greed fulfilled. Thus they get into debts and cannot purchase things that they really need at a time.
Secondly, in countries like India and Nepal, dowry system still persists and in many cases, bride's parents are compelled to take a loan and fulfil bride-groom parents’ demand. Besides, social trends often force people to maintain a lifestyle that they cannot afford, and those people are forced to get trapped in debts. Again, personal greed to own more and to have more often allure people to purchase things that they do not need and borrow money from others. Marketing tactics are meant to attract as many customers as possible and we are surrounded by marketing and it is quite tough for us to be prudent while purchasing. Finally, easy bank loans for fulfilling different needs can often trap people to fall in debts.
Reasons for our getting into debts explained above are deeply rooted in our society and have affected peace and harmony of many families. People should give up useless competitions and be contented with whatever they can afford rather than trying to have a lifestyle that they cannot manage. Government and concerned authority should make strict laws to abolish dowry system and bank loans should be made more rigid. Finally, our personal realisation is the most important factor to prevent ourselves getting trapped in debts by purchasing things we do not need. This is a personal choice and no one is going to stop us from purchasing unnecessary things unless we develop a self-realisation.
In conclusion, too much attraction towards materialism and competition bounds us to buy unnecessary things and there are proper measures to control this abominable habit and self-realisation is the most important one.
Buying unnecessary things despite
some
people
's financial limitation and getting into
debt
have
affected
our society
severely
. There may be various reasons for this attitude,
but
in my opinion,
competition
, social tradition, greed, marketing tactics, and materialistic expectation are the influencing factors for such a trend.
Prudent thinking,
positive
mentality and
some
laws can
prevent
it.
Firstly
,
some
people
feel an invisible
competition and
they try to prove their superiority by having more and
thus
made a habit of showing off. For instances, if someone
buys
a
latest electronic gadget,
many
others, who feel the invisible
competition
, might
get
frustrated for not having the latest model.
Many
of them would actually
buy
the latest model
just
to be ahead of the
competition
.
Sometimes
, they will borrow from others to have those materialistic greed fulfilled.
Thus
they
get
into
debts
and cannot
purchase
things that they
really
need
at a time.
Secondly
, in countries like India and Nepal, dowry system
still
persists and in
many
cases, bride's parents
are compelled
to take a loan and fulfil bride-groom parents’ demand.
Besides
, social trends
often
force
people
to maintain a lifestyle that they cannot afford, and those
people
are forced
to
get
trapped in
debts
. Again, personal greed to
own
more and to have more
often
allure
people
to
purchase
things that they do not
need
and borrow money from others. Marketing tactics
are meant
to attract as
many
customers as
possible and
we
are surrounded
by marketing and it is quite tough for us to be prudent while purchasing.
Finally
, easy bank loans for fulfilling
different
needs
can
often
trap
people
to fall in debts.
Reasons for our getting into
debts
explained
above are
deeply
rooted in our society and have
affected
peace and harmony of
many
families.
People
should give up useless
competitions
and
be contented
with whatever they can afford
rather
than trying to have a lifestyle that they cannot manage.
Government
and concerned authority should
make
strict laws to abolish dowry system and bank loans should
be made
more rigid.
Finally
, our personal
realisation
is the most
important
factor to
prevent
ourselves getting trapped in
debts
by purchasing things we do not
need
. This is a personal choice and no one is going to
stop
us from purchasing unnecessary things unless we develop a
self-realisation
.
In conclusion
, too much attraction towards materialism and
competition
bounds us to
buy
unnecessary things and there are proper measures to control this abominable habit and
self-realisation
is the most
important
one.