Older people often choose to spend money on themselves (e.g. on holidays) rather than save money for their children after retirement. Is this a positive or negative development?
Retirees are seen spending
money
on themselves like going on holidays instead
that
saving Change preposition
of
money
for their children
after their post-retirement. It depends on the financial stability of the family whether to decide and in my opinion, that is
a positive development.
To begin
with, they should economical some money
for their children
. Because of their children
's maturity, they must have an amount of money
to provide for their children
. For example
, annual tuition fees for children
to go to school, school supplies and food for children
. Moreover
, they also
have to use
the money
to buy household items or prepare for emergencies such
as the illness of family members and also
buy food for their family. However
, they should also
use
that money
for their relaxation.
On the other hand
, seniors should use
their money
for what they want. They can use
their pension to go on a vacation for themselves because they have spent their life trying to work and earn a lot of money
so now is the right time for them to enjoy life by travelling or going out. In addition
, the fact that they use
the pension for themselves also
helps their children
. For instance
, not giving money
to their children
helps them not to be dependent on their parents and makes them more independent and mature by going to work or finding a job for themselves so they earn money
and use
their own money
.
In conclusion, they are more likely to spend their money
on themselves than on their families and make sure there is enough money
for their children
.Submitted by vuanhhibstrading on
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