In the past children were taught how to save money, but today they only learn how to spend it. Do you agree?

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Most
children
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now spend
money
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instead
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of saving it.
Whereas
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in past they were taught the
importance
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of saving.
This
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essay completely agrees with the statement that most
children
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now only learn to spend
money
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. The reason for spending so much
money
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is because of admiring celebrities' flashy lifestyles and admiration for new gadgets like I-phones.
Therefore
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,
Children
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now tend to imitate celebrity’s lifestyles. They think spending
money
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on clothes, accessories will enhance their personalities.
Moreover
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, their infatuation with gadgets like I-phones, laptops and other devices motivates them to own the latest models of these gadgets as soon as they are launched.
For example
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, In India, most
children
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like to own smartphones which are recently launched by Apple. These habits make them spend their entire
money
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on useless things. I believe that these habits make them spender of
money
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.
Children
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these days don’t understand the
importance
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of hard-earned
money
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from their parents. Parents are not able to inculcate the habit of saving in their
children
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.
Furthermore
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,
children
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now ask their parents to gift them expensive items like branded clothes and shoes . To cite an example,
Children
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in China are more likely to spend
money
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on branded shoes and clothes.
This
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habit makes them careless with spending
money
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. In conclusion , spending makes
children
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careless with
money
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management. They don’t understand the
importance
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of
money
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saved. They believe that
money
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is only for spending not for saving ,
whereas
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in the past
children
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have been taught about the
importance
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of saving older generations.
Submitted by yash334 on

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