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thanks a lot ^^
There are many differences between young people and their parents in handling money. In the first place, parents often do some traditional jobs such as worker, farmer...and they can do many jobs at the same time. Young people, on the other hand, prefer to choose high-skilled jobs such as tutor, stylist and focus on one job. In addition, parent's salary is quite lower while salary now is higher. Another difference is in spending. Parents spend money on necessary things for family with goods like televisions and vehicles. In contrast, young people spend money on their hobbies such as clothing, food and books. Whereas parents spend a reasonable amount of money and always think carefully before spending, young people often spend almost all of the money and spend before thinking. In term of saving money, parents can save money by putting money in the bank which is safe and brings interest rate. Another way is using money to buy gold or dollars and hoard. Unlike parents, young people save money by piggy banks or invest in stock market and real estate. Contrary to parents, who save money in a long term for important goals such as traveling, young people save money and use it when they want to buy something like food, dress and gifts. Recognizing the differences between the way of handling money of young people and their parents' as above can help us choose smart ways to manage money.
thanks a lot ^^
There are many differences between young people and their parents in handling money. In the first place, parents often do some traditional jobs such as worker, farmer...and they can do many jobs at the same time. Young people, on the other hand, prefer to choose high-skilled jobs such as tutor, stylist and focus on one job. In addition, parent's salary is quite lower while salary now is higher. Another difference is in spending. Parents spend money on necessary things for family with goods like televisions and vehicles. In contrast, young people spend money on their hobbies such as clothing, food and books. Whereas parents spend a reasonable amount of money and always think carefully before spending, young people often spend almost all of the money and spend before thinking. In term of saving money, parents can save money by putting money in the bank which is safe and brings interest rate. Another way is using money to buy gold or dollars and hoard. Unlike parents, young people save money by piggy banks or invest in stock market and real estate. Contrary to parents, who save money in a long term for important goals such as traveling, young people save money and use it when they want to buy something like food, dress and gifts. Recognizing the differences between the way of handling money of young people and their parents' as above can help us choose smart ways to manage money.
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