In a modern-day people are becoming more materialistic these days. As many of them they don't need and debts are common nowadays such people. There are many reasons that have caused this situation and i will elaborate my views in upcoming paragraph and thus will lead to a logical conclusion.
Analyzing the statement and explaining further the first and foremost reason behind this is that many people are facing debt problem nowadays due to their modern lifestyle. The high technology of social media such as Instagram, Facebook and Twitter. More people are showing their luxuries goods. They take some photos and offer discounts them into the application and it inspired them to buy fancy things. Another striking reasons in this regard is that the significant growth of malls they attract individuals in spending more money on fashionable products like jewelry, fashionable clothes, footwears and other items. The last reason in this regard is that credit card. Credit cards are easier to pay bill these days. Many people are buying expensive things which are greater than their income. Hence of this consumptive lifestyle many people are faced a serious problem of debt.
Moving further, there are various things that people could do solve the problem firstly they should purchase things according to their needs and budget because if they purchase things according to their income then they will not get debt problem. Because debt is main issue nowadays many individuals face debt problems because of their modern lifestyle. Secondly instead of adding more malls in the city. Government should focus on building more public parks and childrens playgrounds. Therefore people would have more options for their entertainment. As a consequence if people aware about expenditure of income they never get debt.
To conclude, i would like to reiterate that, there are several reasons behind this notion like social media, malls. But also plethora solutions to curb this problem such as buying things according to their needs and salary.
In a modern-day
people
are becoming more materialistic these days. As
many
of them they don't need and
debts
are common nowadays such
people
. There are
many
reasons
that have caused this situation and
i
will elaborate my views in upcoming paragraph and
thus
will lead to a logical conclusion.
Analyzing the statement and explaining
further
the
first
and foremost
reason
behind this is that
many
people
are facing
debt
problem
nowadays due to their modern lifestyle. The high technology of social media such as Instagram, Facebook and Twitter. More
people
are showing their luxuries
goods
. They take
some
photos and offer discounts them into the application and it inspired them to
buy
fancy things. Another striking
reasons
in this regard is that the significant growth of malls they attract individuals in spending more money on fashionable products like jewelry, fashionable clothes,
footwears
and other items. The last
reason
in this regard is that credit card. Credit cards are easier to pay bill these days.
Many
people
are buying expensive things which are greater than their income.
Hence
of this consumptive lifestyle
many
people
are faced
a serious
problem
of debt.
Moving
further
, there are various things that
people
could do solve the
problem
firstly
they should
purchase
things according to their needs and budget
because
if they
purchase
things according to their income then they will not
get
debt
problem
.
Because
debt
is main issue nowadays
many
individuals face
debt
problems
because
of their modern lifestyle.
Secondly
instead
of adding more malls in the city.
Government
should focus on building more public parks and
childrens
playgrounds.
Therefore
people
would have more options for their entertainment. As a consequence if
people
aware about expenditure of income they never
get
debt.
To conclude
,
i
would like to reiterate that, there are several
reasons
behind this notion like social media, malls.
But
also
plethora solutions to curb this
problem
such as buying things according to their needs and salary.