Nowadays, most of the population are buying more leisure and luxury products for their home compared to past years. In this essay, I will discuss the advantages and disadvantages of this habit and give my opinion on the considered topic. Firstly, there will be explanation about the negatives sides of buying consumer goods and secondly, I will move on to the positives of the same considered issue.
First of all, spending money on the goods such as gold bracelets, diamond rings, expensive TVs, air conditioners or any other valuable products can cause the person a financial crisis. For example, since all these goods generally cost high amount of money, and if the person who wants to purchase these products, may have to credit a loan, or pay debts for an important deal of time. Additionally, household devices, like air conditioners, humidifiers or special TV sound systems, video games player devices consume lots of energy. Not only buying them may harm the financial state, but also paying the bills which consumed by these goods can also affect it.
On the other hand, purchasing jewelry kind items usually make people happy and satisfied. So, when the psychological effect of the spending money on valuable products considered, it can be seen that people feel more valued, and self-cared. For example, if a person can afford buying the latest version of the PlayStation, then they should be free to buy it. Furthermore, some people may think that purchasing goods can be counted as an investment. To make it clearer; when they buy a gold jewelry, they can sell it after years and still have their money without losing its value.
When all the points above considered, both negatives and positives are present to the increase in people purchasing more consumer goods. In my opinion, the increase in the considered matter is a positive thing, since it shows that people are enjoying life and care about their selves.