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.