Economic Outpatient Care

Subject: Customer Relationship Management

Paper Model: APA

Paper Type: Assignment

Total Words: 416

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Economic Outpatient Care:

 


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In this chapter the author, define the economic outpatient care parents and the behaviors of their children. Economic Patients Care (ECO) is a term that used for those parents who accumulate their wealth for their children or grand children. They give their money in the different form to their children. Sometimes they provide gifts or cash gifts to their children. They think that their children have not enough capacity to live an easy and enjoyable life. This act is natural but also more dangerous.

Why it is dangerous? The author said that sometimes the well-planned gifts hurt the ability of their children, to obtain their financial life together. Instead of given the lesson to your children to earn and work hard they loss their abilities. For example, a women and he husband has ability to afford a nice house near the nice neighborhood at 250,000 dollar.  However, the problem is start when the mother of woman help her daughter that buy for a house of 500,000 dollar. To furnished this 500,000 dollar they must have spent more money in the future to pay tax of the property, to maintain the nice yard, and in buying a nice car according the house because the old car look old in their neighborhood.

However, in some cases the adult children when received the cash gifts from their parents they do not feel sham and they do not find any other sources top increase their earning. The adult who receive cash gifts from their parents spend more on the shopping, and enjoy a luxurious life. However, their annual income is low from those who do not receive cash gifts from their parents.

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