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Old 04-06-2014, 10:48 AM
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May I ask how much do you expect your kids to contribute? In relation to what they earn? I'm currently contributing 25% of my salary to my parent, and another 25% for clearing off debt from bad investment decisions, and I'm struggling quite a bit. Don't think I would be able to start a family as long as I am supporting my parent. Just wondered what is the norm?
It depends, if I plan to leave my kids with a lot if wealth, should give me at least 30%. Since the day they were born I think I have spent more than $1m on them. So they must give back. That us why we have the parents maintenance bill.
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