in some countries, older people who retire from work spend the money on themselves (e.g.holiday) rather than save money for their children. Is this a positive or negative development?

Nowadays, more and more people that reach their retirement age, spend all their savings on themselves, like planning to vacations. And they rarely save any
money
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for their offspring. Personally, I feel that
this
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is not a positive development, and I will explain why.
Firstly
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, we need to consider that the world economy rate is steadily declining, and it is getting much harder to earn
money
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.
Therefore
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, parents should be able to financially aid their children during their crucial development stages so that they can achieve much greater accomplishments.
For instance
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, due to the high rates of education, many young adults might not consider attending a university, which can affect them later on in their lives.
Therefore
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, it is up to the parent to support their child in
this
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situation.
Furthermore
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, for the majority of parents, their lives pride and joy are actually their children.
Therefore
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, they would not like to see them struggling in financial situations.
For example
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,
instead
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of going on an expensive cruise holiday, they can actually invest in a business that their sons or daughters have started, which greatly aids in their
success
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. I do understand the opposing view, which says that a person’s hard-earned
money
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should be spent on themselves, but I still believe that investing in your child and seeing their future
success
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is much more rewarding than going on a simple holiday or even just keeping the
money
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for themselves. To conclude, I feel that the majority of parents' financial savings is better to be spent on their children’s future because a child’s
success
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is much more joyful and long-lasting than a simple vacation. A parent’s
success
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is not measured by their financial worth, it is measured by their children’s achievement in life.

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For we to consider an essay structure a great one, it should be looking like this:

  • Paragraph 1 - Introduction
    • Sentence 1 - Background statement
    • Sentence 2 - Detailed background statement
    • Sentence 3 - Thesis
    • Sentence 4 - Outline sentence
  • Paragraph 2 - First supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 3 - Second supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 4 - Conclusion
    • Sentence 1 - Summary
    • Sentence 2 - Restatement of thesis
    • Sentence 3 - Prediction or recommendation

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