The young today splurge on shopping centers in their leisure time. I believe that this status quo has negative effects on both the youth and their society.
The excessive allocating on shopping malls can make Generation Z waste a great deal of money instead of saving or investing for the future. Shopping is considered a captivating experience; thus, youths are easily tempted into impulsive buying. Shopaholics tend to make purchases even on unnecessary goods just because malls have big discounts or gift promotions on holidays such as Black Friday, Christmas, and many other occasions. This has serious impacts on their finances and eats into their income. In addition, many young people even borrow more and run up a credit card bill to pay for purchases that exceed their income. Owing to the fact that the young indulge in shopping, they will not save money for emergencies or invest for more important plans such as buying houses, cars, and raising families.
The consequences of compulsive shopping affect the labor productivity of society and cause environmental pollution. Shopping addiction led adolescents to lose concentration on work and study. Compulsive shoppers spend less time in workplaces, and students reduce study time in libraries; instead, they go to shopping malls for entertainment. Therefore, social productivity is decreasing gradually. Moreover, most young people splash out on cheap goods, ignore quality, and want to have as many appliances as possible without thinking about long-term use. This causes many items to go unused, neglected, and end up as waste, causing significant impacts on the environment.
In conclusion, I personally feel that this trend borders on being more harmful than beneficial. Although shopping at centers appropriately can boost the economy, most young people tend to have difficulty controlling themselves, which is harmful to their finances, society’s productivity, and the environment.