We are living in a world where debt is being given in such a way that it feels like we are getting it for free.
If I talk about India, everywhere and every day, we get so many calls from banks and loan departments asking us to take loans. Previously, in our parents' generation, getting a loan was one of the toughest things, but now the situation has completely changed.
We use credit cards for different purposes. I have also used them in my life, and honestly, it can be a really useful and fun thing if you know how to use them properly.
For example, on Amazon, we can get 5% cashback, whereas on the other hand, if we pay our insurance bills, we sometimes have to pay a convenience fee. How ironic is this world becoming, for real?
For things that are actually good for you and help you manage your responsibilities, they will sometimes penalize you because they are not getting enough benefit from it. But if you spend money on shopping, Amazon, Zomato, and other places, you are rewarded.
Everyone is there to take your money in different forms and in different ways. They just need an excuse and the right approach to get the money out of your pocket.
That's why your celebrations mean that you will spend money. That's why they try to make you feel happy and rich, so that you spend more money and the big players can become even richer.