The correct answer to this open question is the following.
Unfortunately, you forgot to attach the text so we can read it and know what is the content. You also forgot to include "Part B." So we do not know what is the author's perspective. You neither attached the name of the author or the name of the article.
However, trying to help you, we can comment on the following.
In general terms, the main differences between the older generation and the younger generation are that older generations lived in different conditions, including one or two world wars. That left an impact on their lives. Those were a time of economic difficulties that taught them to take better care of the money they earn, to be more prudent or conservative in their decisions, and better understood the value of work in relationship to earn an income.
The older generation did not have the tools and technology to work and produce. They had to work for long hours to make a living and feed their families. There was not much time for entertaining or traveling.
The younger generation is more easygoing. They lived no scarcity. They did not have to work in the farm fields or the industries. The younger generation could attend school to have an education and received the family support to go to college and work in what they wanted. The younger generation did not sacrifice things to make a living just working day and night. That is why they do not take care of the money the way the older generation did.
The younger generation is technologically interconnected all the time. Everything they need is their mobile phones. Youngsters are not prone to follow traditions as the older generation used to.