As we have seen in class and in the world all around us, there are people buying and buying everything they want because they think they need it, but do they really and who much is this costing them? This is one of the reasons we have the crisis going on right now.
People receive money because of the services and jobs they execute, many of this people the minute they receive money they want to go and buy objects that sometimes they do not necessarily need, sometimes they buy big things which cost a lot of money that they most probably do not have because of the salary they receive each month. At the moment that they realize that do not have enough money then this is the time were banks get involved, theses people ask the banks for loans, they think it is okay because they have time to save up money and later on pay the bank back, but what they do not realize is that most of the time for one thing or another that they wanted to buy something else they use up money that they were going to use to pay the banks back and when they are not able to pay the banks back that is exactly were the crisis begins and well we know the rest.
I think that many people are being very irresponsible at not realizing exactly the amount of money that they are using up and then they end up with huge debts that later on they cannot pay back. We should be more conscientious and responsible for our actions.
No comments:
Post a Comment