BEST IELTS Writing Task 2, 26th July

BEST IELTS Writing Task 2, 26th July

IELTS Writing Task 2

The tendency for people to spend money on unnecessary things is a growing concern. There are several reasons behind this behavior, and certain measures can be taken to encourage more prudent spending habits.

One reason for this trend is the influence of advertising and social media. Companies use targeted marketing strategies to create a sense of need for their products, even when they are not essential. Additionally, the rise of social media has led to a culture of comparison, where people feel pressured to buy the latest products to keep up with their peers.

Another factor is the availability of easy credit. Credit cards and buy-now-pay-later schemes make it easy for people to purchase items they cannot afford upfront, leading to impulsive buying and financial problems.

To address this issue, financial education should be promoted. Schools and community programs can teach individuals about budgeting, saving, and making informed financial decisions. Additionally, governments can regulate advertising practices to ensure that they are not misleading or overly persuasive.

In conclusion, while societal and economic factors contribute to unnecessary spending, educating people about financial management and implementing stricter advertising regulations can help encourage wiser spending habits.

SEE MORE POSTS>>

BEST IELTS Writing Task 2, 26th July

Get Latest IELTS Books

IELTS Writing Task 2

0 0 votes
Article Rating
Subscribe
Notify of
guest

0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Best Hot Selling Books | Get Discount upto 20%

X
error: Content is protected !!
0
Would love your thoughts, please comment.x
()
x