It is widely argued that purchasing things which are unnecessary or unaffordable can cause people to be in deeply debt. Although there are several factors that may directly lead to such issue, numerous solutions have been sorted out, in order to handle the problem.
To begin with, there are two significant reasons for this behavior. Firstly, one of the most obvious problem is the consumptive lifestyle of people caused by the effect of their parents during their childhood moments. In other words, parents often pamper their offspring by supplying everything that their children offer. Hence, when children turn to incubate, they tend to act to show off their values, by buying luxury goods or following the world richkids’ trends. Another key factor is the appearance of credit cards and its policy. Buying expensive things have no longer been a trouble, since the lending service was allowed in master card and at the end, people get into debt in the most natural way.
However, it is not impossible to tackle the given problem as several promising ideas have been stated. First of all, the measure which should be taken in order to deal with this behavior is the change in policy for money savings. Governments should take part in adjusting the value rate for saving money by peoples’ income. In that way, banking accounts which does not reach the requirements are not available to purchase things. Besides, a punishment should be added, for those who cannot pay in required time. Another case to eradicate this issue is the creation of alternative entertainment beside shopping. Specifically, individuals will have more options in leisure time instead of spending time in mall.
In short, there is a growing in concern that debt becomes more popular when people buying needless and expensive objects, but this issue is in controlled, by some measures mentioned above.
It is
widely
argued that purchasing things which are unnecessary or unaffordable can cause
people
to be in
deeply
debt. Although there are several factors that may
directly
lead to such issue, numerous solutions have
been sorted
out, in order to handle the problem.
To
begin
with, there are two significant reasons for this behavior.
Firstly
, one of the most obvious
problem
is the consumptive lifestyle of
people
caused by the effect of their parents during their childhood moments.
In other words
, parents
often
pamper their offspring by supplying everything that their children offer.
Hence
, when children turn to incubate, they tend to act to
show
off their values, by buying luxury
goods
or following the world
richkids
’ trends. Another key factor is the appearance of credit cards and its policy. Buying expensive things have no longer been a trouble, since the lending service was
allowed
in master card and at the
end
,
people
get
into debt in the most natural way.
However
, it is not impossible to tackle the
given
problem as several promising
ideas
have
been stated
.
First of all
, the measure which should
be taken
in order to deal with this behavior is the
change
in policy for money savings.
Governments
should
take part
in adjusting the value rate for saving money by
peoples’
income. In that way, banking accounts which does not reach the requirements are not available to
purchase
things.
Besides
, a punishment should be
added
, for those who cannot pay in required time. Another case to eradicate this issue is the creation of alternative entertainment beside shopping.
Specifically
, individuals will have more options in leisure time
instead
of spending time in mall.
In short, there is a growing in concern that debt becomes more popular when
people
buying needless and expensive objects,
but
this issue is in controlled, by
some
measures mentioned above.