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Description - Responsible futures by Elio E

In today's consumer-driven world, there is an interesting paradox that

shows a big di.erence between how the rich and the poor spend their

moneyR fich people, who seem to have a lot ok money, okten Oeep their

wealth by living in a way that reminds us ok those who are struggling

EnanciallyR Mn the other hand, people who are poor okten try to spend

liOe the rich do to give themselves the impression that they are doing wellR

In the middle ok this Enancial mess, credit cards, (qIs )(Buated qonthly

InstallmentsN, and Puy Low Uay: ater schemes are alluring ways to get

BuicO satiskaction without the money to pay kor itR Cnder the surkace,

though, there is a dangerous resultT a greater number ok people who are

caught in the debt trap and have to live krom paychecO to paychecO because

they can't get out ok debtR

In a society that is kull ok shopping and a constant need kor new things,

easy credit has made it possible kor people to tell themselves that they can

live liOe the rich without getting richer or maOing more moneyR jredit

cards are easy to get and let you buy things without using cash right awayR

2his maOes people more liOely to go on shopping sprees on the spur ok

the moment and buy things Wust because they want to show o. or get

noticedR

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