The ever-increasing expectation of
for their quality of life,
the yearly surge of inflation
of the economic crisis worldwide, has led community members to be in need of
more than ever in history. Presently, it is a major problem to accumulate enough wealth for old age to live in a comfortable condition. I,
, attempt to outline some possible solutions that can be measured by the
.
A reduction in
for those who have less competitive salaries would help them save up more
. Complaining about the high amount of
payments,
give up a certain percentage of their income to the state.
, it might be fair enough to divide a community into different classes on the basis of their earnings. To be more precise, a
increase for affluent society members would compensate for any drainage for poor families.
, the
policy in the Netherlands works in a way that those who earn more than a certain annual salary should pay more than half of it to the
.
undoubtedly could help impoverished individuals manage their financial difficulties with greater ease or even save some
for their future.
, education can play a significant role as a game changer in different aspects.
, by improving
's awareness of financial strategies, less
would be spent on unimportant products, which is a result of a prevalent phenomenon among consumers called impulse buying.
, a knowledgeable society would often invest in shares and assets that could be helpful for them in the future.
, a noticeable proportion of states'
is spent on jails and prisoners. Having been taught and educated about the moral issues or the retributions of criminals, teenagers tend to maintain law-abiding behaviour throughout their lifetime.
, there would be fewer
in prison, which
raises the
's wealth and allows it to invest in somewhere else that could be beneficial for those in need.
In conclusion, I would argue that states are capable of taking effective steps to help
make enough
so that they could be able to save funds for the elderly period. Classifying society based on their possession and managing the
system would be in favour of both the country and destitute
.
, the proliferation of valuable courses teaching individuals, especially children and teenagers, leads to a fall in
spending on unnecessary items.