Nowadays we get most of the products and services through EMI. Every company allows you to purchase their products through EMI. If it will benefit people's lives or work then it is good but sometimes the EMI is difficult. In the case of teenegers, they are easily ifluenced by celebrities, fashion trends and modern society. They are not bothered about the necessity or need of the products like dress accessories. So they look at the offers only. These offers persuaded people to buy the unnecessary items. They probably do not have a sufficient amount in their account but the EMI payment option influenced them to purchase it. It leads to an unwanted debt and decreases savings.