Originally Posted by Dean

Dude, I feel your pain.

I guess it depends on:
Where your parents are dependent on that monthly allowance. If not, then perhaps you could have a talk with them about your 5-10 yr plan, and how does the finances fit into the picture. I know for many people, the allowance is a token; of filial piety, and the parent do not need those $$. I hope this is your case.

If your parents are dependent on the allowance, for example my parents, who have retired and do not have any savings, then unfortunately, contributing a substantial amount for monthly allowance is necessary.