Some people get into debt by buying things they don’t need and can’t afford. what are the reasons for this behavior? what action can be taken to prevent people from having this problem?

Some people get into debt by buying things they don’t need and can’t afford. what are the reasons for this behavior? what action can be taken to prevent people from having this problem?

Ans:

Nowadays, we are living in a society based on consuming. as a result, some people have problems in dealing with this budget and they get into debt by buying things they don’t need and can’t afford.

This kind of behavior is encountered quite often in our present days, mainly because of the possibility of buying goods in leasing. hence, people buy most of the goods using the credit card without having a clear idea on how much money they possess or they owe.

Also, another cause for this behavior could be psychological. the advertisement and the subliminal messages one encounters on a regular day in a big city has an enormous impact on one’s brain. the main problem is the lack of awareness of the serious effects that advertisement can have on people.

In order to prevent people from adopting this dangerous behavior, measures should be taken so as to raise awareness among people. also, one must learn how to manage his budget in order to get a balance between necessitating and pleasure. keeping a record on income and monthly spendings would be very helpful and would give to the consumer an overall image on how his budget should be spent.

In conclusion, the chances of becoming a victim of the consumer’s society are high nowadays due to the surrounding temptations but this problem could be easily avoided by being aware of these dangers and having a rational attitude when dealing with money.

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Some people get into debt by buying things they don't need and can't

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Some people get into debt by buying things they don’t need and can’t Some people get into debt by buying things they don’t need and can’t Some people get into debt by buying things they don’t need and can’t

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