More and more people want to buy clothes, cars and other items with famous brands. What are the reasons? Is it a positive or negative development?

#people #clothes #cars #items #brands #is #development

It is common for people nowadays to purchase luxury cars, clothes, and other things for particular

reasons

. In my opinion,

this

habit brings negative impacts not only on personal finance but

also

affects their mental health. There are several

reasons

why people purchase expensive things.

Firstly

, it is because luxury goods create a status for them. Wearing something with high value will be considered a very important and valuable person. Another reason is when someone uses expensive products, their confidence level gets higher.

However

, judging by the

reasons

above, it is obvious the trend has negative impacts. The problem that might occur is consumptive behaviour.

This

means they will keep shopping even though their saving is low.

As a result

this

behaviour will ruin their personal finances. Another problem that can happen is when they run out of money to buy some sophisticated things, they probably will take a loan from the bank.

Consequently

, they could be trapped in debt if the number of loans was too many, not to mention the rates.

Furthermore

, someone might be stealing or shoplifting when they can not afford it anymore.

Additionally

, the problems are not only in their financial aspect but

also

affect their personal insecurity.

For instance

, someone can lose their confidence without their expensive clothes or shoes. In conclusion, the

reasons

behind purchasing luxury brands are mostly considered social needs to be recognized or respected. Even though it might be good for the business but the impacts on a person create some problems, especially in the financial.

Submitted by fitri.antoni on Mon Nov 21 2022

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More and more people want to buy clothes, cars and other items with famous brands. What are the reasons? Is it a positive or negative development?

Support ideas with relevant, specific examples

"Maintaining public libraries is a waste of money since computer technology can replace their functions. Do you agree or disagree?"

Many people agree that free public transportation should be available in most major cities. What are the advantages and disadvantages of this trend?

Food travels thousands of miles from farm to consumers. Some people believe we should buy food from local farmers to protect the environment and help the local business. Do advantages outweigh the disadvantages?

In many cities the construction of new houses and office buildings is not controlled. This leads to people building in whatever style they want without thinking about design. Do the advantages of this trend outweigh the disadvantages?

Some people say that advertising is extremely successful at persuading us to buy things. Other people think that advertising is so common that we no longer pay attention to it. Discuss both these views and give your own opinion.

More and more people want to buy clothes, cars and other items with famous brands. What are the reasons? Is it a positive or negative development?