DEGRADATION OF FINANCIAL AND PHYSICAL SITUATION OF A FAMILY IN LAST 10 YEARS . The degradation is going on in rapid speed.
TEN MAJOR POINTS:–
1. Everyone in family owns smartphone allocation more time to smartphone.
2. Vacations under social pressure.
3. Buying a car as a status symbol .
4. Avoiding home made food and unnecessarily eating out on
weekends results financial problems and Health problems
5. Brand concious for salons, parlours and clothes. Spoiled lifestyle is increasing diseases and medical expenses .
6. Trying to make Birthday and anniversary special by spending more money rather than time together.
7. Grand weddings and family functions.
8. Commercialization of schools and tuitions.. education…
9. Spending what you haven’t yet earned… loan and credit card results in trouble .
10.Spending tons of money on interior of house & office and increase of the Maintainance cost.
Income is not growing at the rate at which expenses happen and man degradation growing on .. results in more distress & less peace.