Professional Documents
Culture Documents
Final UU114
Final UU114
This essay will examine the problems faced by Pacific Islanders in their attempt to save
money. The main issues to be discussed are economic difficulties, moving on to cultural
challenges and also the social impacts that have greatly caused Pacific Islanders as to
how they save money. Thus, this essay will conclude with the thought that serious
consideration must be taken accounted for in terms of Pacific Islands to know how to
C: Save money
L: Hinders Pacific Islands
D: What (argument essay)
Thesis statement: This essay will discuss the causes of why Pacific Islanders find it
hard to save money in terms of financial, social and cultural issues.
Conclusion: Restatement of thesis: This essay has discussed the economic to social
and cultural challenges faced by Pacific Islands in their attempt to save money.
Final thought: If Pacific Islands are aware of the benefits of saving money, they
will certainly have a brighter future and will avoid all these small issues.
The Problems Faced by Pacific Islands in Saving Money.
Saving money or budgeting your money plays a vital role in each household and
throughout the Pacific Islands as a whole. This essay will be elaborating more on the
Firstly, it will consider about the economic challenges where it presents about the
economic crises and financial issues. Secondly, it will discuss about the cultural
challenges faced like feeding big extended families and also how Pacific Islanders
attend to many family functions. Finally, it will argue on social challenges such as
poverty faced by Pacific Islanders to save money and also being committed to religious
obligations. This essay will conclude with the thought that serious consideration must be
The first of these is, economic challenges. With the current situation that we are facing
with economic crises due to Corvid-19, we can see the impacts it has brought about to
the many workers who are unemployed and have been laid off from work. So as for
Pacific Islanders, many are just at home looking for jobs without nothing to earn for the
family or have moved to the village to plant crops and vegetables so that they are able
to cater for their individual family. A clear example of this can be the frontline workers
who work for the tourism sectors and also aviation industry as a whole.
In addition, with the thought of the above points mentioned already results show that
(Food & Agriculture Organization of the United Nations 2020, “Impacts of COVID-19 on
the Food Systems in the Pacific Small Island Developing States”) air travel and
commercial flights have practically ceased. These strict measures and restrictions have
badly affected Pacific countries reliant on imports, tourism and revenue from labor
mobility.
Extending the above points, another related aspect of economic challenges is financial
landlords and arrears from business companies trying to pay them off without the
thought of saving a little money for unforeseen circumstances in the future. Adding on to
the challenges faced by financial issue, another problem that arises is that for the local
banks such as ANZ Bank we can say that in terms of opening a new account we have
to pay a minimum fee of hundred dollars, and that is not very easy because you have
other banks which are more suitable to join and who charge less fees regarding the
The second challenge faced by Pacific Islands in saving money is, culture. The first
difficulty under this challenge is having a wider number of extended families living
together under one roof. Some of the Pacific Islanders tend to forget that when they
move in to large extended families, they never think of the families or as an individual
who is going to be feeding everyone and only understands the meaning of happiness
which is to be sharing to one another. And an example of this can be the sole bread
winners whose living in big extended families. Another point to this challenge is
functions, where Pacific Islanders are very well known for their hospitality so when there
are traditional customs gathering or social obligations held, they are mostly committed
to these functions where they get to spend hundreds and thousands of moneys.
Furthermore, in support to the issues being discussed in the cultural challenges many
Islanders are also committed to reunions and anything that involves bringing your
The final challenge is social, especially in terms of the changes it brings about to an
individual way of lifestyle. Many Pacific Islands are facing this issue of poverty due to
the increase in numbers of school dropouts from respective regions or Islands. Example
of this can be peer pressure, where mostly Islanders are being led into the wrong
directions and they start to smoke drugs and consume alcohol. In a way we can say that
they are able to pay for these addictive substances but cannot save a side single money
for future use. Another issue that surrounds social challenges is religion, where many
Christians beliefs are put to task where they have to meet the estimated levy for each
person within the family which disregards the age group you belong too as long as you
are baptized into the family of the church, you are entitled to pay that certain amount.
Thus, there should be more outreach done to advocate this issue regarding money due
attempt to save money from the economic to cultural and social challenges. It is
important to save money because it allows you to enjoy greater security in your life and
helps in the event of a financial emergency. So, it is recommended that setting out a
personal budget would be essential so that saving money can be achieved. If Pacific
Islands are well educated on the importance of saving money only than they will be able
Food and Agriculture Organization of the United Nations n.d. Impacts of COVID-19 on the
Food Systems in the Pacific Small Island Developing States (PSIDS1) and A Look into the
Asian Development Bank (March 2001). Poverty Is it an issue in the Pacific. Available from:
Unlocking Public and Private Finance for the Poor (2019). The Challenge of Teaching Pacific
Islands Business Media/ News/ Publishing n.d. Pacific Islands Urge to Save Money. Available
from: https://www.islandsbusiness.com/past-news-break-articles/item/2074-pacific-islanders-