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Old 20-03-2015, 07:24 PM
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Originally Posted by Unregistered View Post
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?
With an average take home salary of $3000, these are my expenses:
$350 - hdb house mortgage repayment (cash portion)
$150 - electricity, water, gas and town council
$150 - tv and internet
$150 - travelling expenses (husband, wife, son) - we take bus/mrt
$500 - retirement plan insurance
$100 - phone plan (husband and wife)
$700 - child school, tuition classes, enrichment classes
$800 - groceries and food for family of 3
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