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.

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

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