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 How much do you give your parents every month?
Stardust
Posted 2009-08-23 12:25 AM
New User

Posts: 2



I give $600, as dictated by my parents. Quite stretched for me... I wonder if this is too little, too much or normal?
King
Posted 2009-08-26 3:46 PM
New User

Posts: 1



I give $800 per month.
WRooney
Posted 2009-08-26 4:55 PM
Member

Posts: 8



I think this will be dependent on how much your parents need, are they working, and perhaps even how much they spent to raise you?

Anyways, as Asians, I believe that we should always provide enough for them to enjoy a good "wan nian".
wongkl
Posted 2009-08-27 10:08 AM
New User

Posts: 1



Always debatable. Really depends on individual. Quite frankly, we never asked to be brought into this world....our parents 'chose' to do so. As such, it is the responsibility of the parents to bring their children up properly and ensure that they become financially independent. Likewise, when I grow old, I will not expect anything from my children. (My parents have this mentality too).
ykbean
Posted 2009-08-27 7:43 PM
Member

Posts: 6



Well, how many of you think that having children is a investment tool?

I wonder any parent have that age-old practice making their children to give what they earn and the parent give them an allowance (Eg S$ 500/month).

If they feel that the children are not earning enough, then they will pressure their children a lot. (Eg: Do more OT, sign on to SAF, get a better paying job etc.)

Edited by ykbean 2009-08-27 7:44 PM
Miya
Posted 2009-08-27 9:09 PM
Member

Posts: 34



I think this must be a v old mentality!! Don't think anybody still practices that?

Quote: ykbean - 2009-08-27 7:43 PM

Well, how many of you think that having children is a investment tool?

I wonder any parent have that age-old practice making their children to give what they earn and the parent give them an allowance (Eg S$ 500/month).

If they feel that the children are not earning enough, then they will pressure their children a lot. (Eg: Do more OT, sign on to SAF, get a better paying job etc.)


Anyway, at this age, esp starting from our generation, it is hard to see children as an investment tool. With increasing prices and greying population, we should be happy that they can at least support themselves after they start working!
hakeemsg
Posted 2009-08-29 2:22 AM
New User

Posts: 1



Hats off to those who still remembers and respects their parents and elderly.

It does not matter the amount you give, it broils down to how sincere the gesture is.

I myself find it hard to even make do for the month. Nevertheless, my goal still burning bright to provide a comfortable living for my family...
STL
Posted 2009-08-30 3:47 PM
Member

Posts: 19



how much you give should really depend on how much you earn.
siouxie
Posted 2009-09-08 10:36 AM
New User

Posts: 1



This is what happens sometimes when you have alot to give your parents, but no time...
Check out this Petronas ad about old parents...
http://www.metacafe.com/watch/yt-za337cNYLc0/petronas_cny_2006_clip...

I am glad my parents don't think of retirement. So they keep working and that keeps their brain cells alive... so the amount I give is a bonus to them, not a necessity. Phew!
Audrey
Posted 2009-10-06 1:42 PM
Member

Posts: 9



I give a fixed amt every month (not a lot, just as a token - anyway they don't really need the $$) and do try to chip in household expenses and pay their insurance premiums too.

Some elderly parents don't see the need for insurance for themselves, prob they are not aware of the mechanisms of such financial products. But they wouldn't reject too if their children suggested to pay for them. Good for both parties.
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