Traditional Culture Encyclopedia - Traditional festivals - Why do the older generation save money?

Why do the older generation save money?

The main reasons why the older generation can save money are as follows:

1. The traditional virtue of thrift. The older generation has experienced the era of scarcity of materials, a deep understanding of the "poor afraid of the" taste, and therefore will be more valuable to the fruits of their labor, saving money will be more meaningful.

2.

Strong financial awareness. The older generation is influenced by traditional concepts, that "open source, thrift" is the rule of the day, know the importance of open source, naturally, will be in the life of careful calculation, saving money will become a habit.

3. Children's education spending less. Nowadays, young people have a lot of education expenses, including tuition, living expenses, training courses and so on, while most of the older generation has only one child, in the children's education expenditure on the pressure is relatively small, the money saved can be used for other aspects of the expenditure.

Overall, the older generation can save money, in addition to the traditional virtues of thrift and financial awareness, but also the love of parents for their children and the planning and preparation for the future.