These days, older people who have retired often choose to spend money on themselves (for example on holidays) rather than save money for their children. Is this a positive or negative development?

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Nowadays, it has become a popular trend to invest in the well-being of future generations.
While
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some
people
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think
this
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is a good demonstration of care for their heir, I argue that
children
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should be completely self-responsible for their financial state. One of the reasons why
people
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devote themselves to work at a young age is to enjoy life when they become older.
However
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, they are only losing
this
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opportunity by spending their preserved money on their
children
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.
Instead
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, they deserve to utilise their finance to realise some of their dreams.
For example
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, they can traverse the world, visit famous sights, go to the cinema etc.
Moreover
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, when young
people
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are not backed up by their parents in financial terms, they feel more responsibility.
Instead
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of living in their parent's pockets, their heir will start earning for living by themselves, study to improve their skills and aspire for a better career in the future.
As a result
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, they will continuously progress in their earnings and develop as self-sufficient individuals.
Additionally
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, by having enough money,
children
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can
also
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contribute to the well-being of their parents.
Thus
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, by limiting the amount of money they give their
children
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, older
people
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will effectively ensure a better future for the next generations.
To conclude
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, it is commonly believed that the elderly should feel responsible for the financial support of their heir.
However
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, I hold the belief that young
people
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should not be fully supported by their parents to give them room for self-improvement and to ensure that they grow as financially independent individuals.
Submitted by jaker.raimov on

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