most of elders in the city can manage their own money rationally.But those from the rural area moving to the city,can hardly do that.Generally,this kind of aged people decentralize their control over their property to their children.They will follow everyword their son or daughter said but ask for little.Majority of the city old man buy whatever they want.Well for moving-in-city aged man,they begrudge spend the money on anything.
Bajiao village is rural place,where the income of aged people is not high with normal expense and very little entertainment.
city elder
rural elder
similar point
they all know how to save and buy the necessaries
different points
generally low and unstable income; don't know how to manage their wealth,not much entertainment.
generally high and stable income; good knowledge on wealth management,more time for entertainment.