Essay On Affluenza

There is an epidemic sweeping the U.S. at an amazing pace. The epidemic is a disease known as affluenza. Affluenza is contagious and difficult to live with. Affluenza can bring stress, debt, bankruptcy, and problems with relationships. Some people have a different vision of affluenza. Most people believe that affluenza is a rich person’s disease. Although affluenza is a rapidly growing and contagious disease, it can be cured and even prevented. There are many symptoms to catch affluenza. One symptom of affluenza is the rate of growing bankruptcy. Many families would usually build up debt and then declare bankruptcy. In 1980, more people declare bankruptcy than graduated from college. The reason for these rash bankruptcies are simply credit cards because credit card companies are bringing additional credit to the consumer. Consumers get credit cards either because you have to “pay now and pay later” or because of the low introductory rate. Credit card companies usually raise these rates up before the consumer pays off their purchases. In 1995, Americans used to own over a billion credit cards. Affluenza can cause problems in relationships. It’s usually happens in families as it can cause families to become …show more content…
Also, families could educate their loved ones about certain products that they see on television or the streets. Second, consumers need to use more common sense when buying major products. They would need to ask themselves will these ends meet or satisfy my wants. There are many ways to cure affluenza, but it depends on the consumer on how to control their spending habits. Families can financial damage repaired with a little help. Although society isn’t putting that much attention on affluenza, it still all depends on the consumer to help themselves and others make a