These days, older people who have retired often choose to spend money on themselves rather than save money for their children. Is this a positive or negative development? Give reasons for your answer and include any relevant examples from your own knowledge or experience. Write at least 250 words.
Lately, some
people
argue that retired parents
often choose to use their money
on themselves rather than keep their money
for their children
. Although
it can be a negative development, I think it is a completely positive development for the following two reasons.
Firstly
, children
try to live by themselves independently with a strong position because their parents
don’t
tend to support their life
. This
means their parents
think about spending money
by themselves unlike saving money
for children
. If their parents
keep money
for children
, they don’t
go out to enjoy their life
not to spend money
and they might start to bother children
’s life
. National Research in 2020 shows that 10% of children
live with their parents
whose parents
keep their money
for their children
, compared to 90% of children
who live by themselves whose parents
don’t
do that. As a result
, spending money
by parents
that
is
earned by themselves has a positive impact on Change the verb form
are
children
living independently.
Secondly
, the area where the old people
enjoy their life
is popular to move in and live in because they focus on living their life
. Therefore
, local society would be energetic and tend to go out to meet their friend or travel. For instance
, the data from Tokyo University shows that old people
who spend their money
after retiring tend to join the local festival and be cooperative to do with other local people
. In addition
, the well-being degree was higher than those who don’t
. Hence
, the town would be vivid and people
who live in other areas tend to think about moving there.
In conclusion, there are two reasons which explain why spending money
is a positive development. One is because their children
tend to live independently, and the other one is because the society where old people
enjoy their life
using their money
is popular to move in and live.Submitted by loud.music.n on
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