Quote:
Originally Posted by Unregistered
bro its too easy to say children give $1000 etc.
We are living at an age where we ourselves are not earning much. The take home salary is around $3000 after working for years. Do you think our children when they start working can afford to give us $1000 right from the start? I don't think so. We cant expect them to pay us such a high proportion of their pay.
Let me ask you, how much did you pay your parents to begin with? Did you increase that payment with inflation, pay rise or other intervening circumstances?
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I started giving my parents on Day One when I started working. The amount grows over the years. Initially since they were still working, they don't really need the money but by the time they are 65 and retired, I gave them on average $1000 pm. Right now I earn $80k pa so the $12k pa I gave them is 15% of my annual income. How about you?