The effect of economy on my life

The United States economy effects not only mine, but all its citizens. The economy is what stabilizes our lives through the productions of goods and services. If the the economy were to have a complete downfall my family would lose their job, house, money and have no more means of creating a roof beneath our head along with food and water. Our lives would no longer cease to exist at that point because of the incredibly harsh circumstances and conditions. However, thankfully enough our economy has not reached that time and the amount of suffering most people withstand is the purchasing of less goods that are desirable and more that are necessary to own. At a time like this, people must use their money wisely because there is never enough to waste. As a teenager, I love to shop and buy the newest trends in stores. Normally, I should not take into consideration of all the food expenses and house bills, since they are covered by my parents. However, if all the money I borrow by them is used carelessly there will be no more to distribute by the providers (parents).  All will slowly be lost and cause the process of my family's financial downfall. Many scenarios, like this one result by the careless and over spending by most people. Anytime the economy collapses our lives may as well, so we must be very cautious of our transactions.