In the recent times, many people tend to live luxurious life because they want to show off to others. Many individual are in dept by purchasing things that is not necessary and can’t afford the price.
To embark on, there are numerous causative factor why people are in dept. Firstly, society is becoming more materialistic, and people judge other people in terms of their property. Social status is depend on the how much money he/she have in the bank not because of their personality. For instance, people judge other based on the type of house they live, type of car they ride. Furthermore, large section of society are tempted towards this type of materialistic things because they want of follow show others, as a result, they suffer form heavy bank loan. Although people don not need these type of luxurious house or cars, but also they want these thing because they want to show others how rich they are.
Many remedial solution such as awarness or education is required to solve this problem. People should be motivated towards personality development rather the materialistic property. Moreover, government should make a flexible loan settlement to their citizen, in other words, loans with minimum interest rate should be provided to their citizen to buy such luxurious items. In addition to this people should be persuaded to purchase only those thing which are important in their daily life.
In conclusion, people should only purchase those things, which is affordable.
In the recent times,
many
people
tend to
live
luxurious life
because
they
want
to
show
off to others.
Many
individual are in dept by purchasing things
that is
not necessary and can’t afford the price.
To embark on, there are numerous causative
factor
why
people
are in dept.
Firstly
, society is becoming more materialistic, and
people
judge
other
people
in terms of their property. Social status is
depend
on
the how
much money he/she have in the bank not
because
of their personality.
For instance
,
people
judge
other
based on the
type
of
house
they
live
,
type
of car they ride.
Furthermore
, large section of society
are tempted
towards this
type
of materialistic things
because
they
want
of follow
show
others,
as a result
, they suffer form heavy bank loan. Although
people
don not
need these
type
of luxurious
house
or cars,
but
also
they
want
these thing
because
they
want
to
show
others how rich they are.
Many
remedial solution such as
awarness
or education
is required
to solve this problem.
People
should
be motivated
towards personality development
rather
the materialistic property.
Moreover
,
government
should
make
a flexible loan settlement to their citizen, in
other
words, loans with minimum interest rate should
be provided
to their citizen to
buy
such luxurious items.
In addition
to this
people
should
be persuaded
to
purchase
only
those thing
which are
important
in their daily life.
In conclusion
,
people
should
only
purchase
those things, which is affordable.