How much $ do you give your parents every month?

I earn 3000 a month. take home 2400

2400 - 100 phone bill = 2300
2300 - 400 eat, transport = 1900
1900 - 200 for parent = 1700
1700 - 200 uni fees - 1500

savings is 1500 per month.

Initially one of my parents was working. I was giving 400 when i just grad due to school loans. After i finished my school loans, i gave them 500. After a pay increment I raised it to 600.
Recently, after my dad stopped working due to health, I raised it to 700. So within 2 years i raise by 300. But it seems like it's never enough for my parents, they're constantly nagging for more money..

How do you guys gauge how much is sufficient. For both parents who are not working, is 700 reasonable? Appreciate any comments.

$700 a month is really high, since it implies you are not saving that much for yourself?

Anyways i was wondering how long would most people take to pay off their University tuition fee loan?

Originally Posted by Unregistered

Initially one of my parents was working. I was giving 400 when i just grad due to school loans. After i finished my school loans, i gave them 500. After a pay increment I raised it to 600.
Recently, after my dad stopped working due to health, I raised it to 700. So within 2 years i raise by 300. But it seems like it's never enough for my parents, they're constantly nagging for more money..

How do you guys gauge how much is sufficient. For both parents who are not working, is 700 reasonable? Appreciate any comments.

You give it to them so readily, when will it ever be enough?

You have become a golden goose for your parents. They will take you for granted and keep asking money from you despite having sufficient for necessities.

Originally Posted by Unregistered

Initially one of my parents was working. I was giving 400 when i just grad due to school loans. After i finished my school loans, i gave them 500. After a pay increment I raised it to 600.
Recently, after my dad stopped working due to health, I raised it to 700. So within 2 years i raise by 300. But it seems like it's never enough for my parents, they're constantly nagging for more money..

How do you guys gauge how much is sufficient. For both parents who are not working, is 700 reasonable? Appreciate any comments.

My parents too nag sometimes, I am married and have my own family, though they do not need me to support.
I do have a sibling, who give $400, I give 500 a mth, but I have been working for 9 yrs and earn more than my sibling.

My parents dont nag at my sibling to give more because they know he doesnt do too well, because of this, I dread giving more. Prob cos, I feel my sibling is a bummer and not looking to improve his situation. My parents work sometimes, odd jobs, surveys and trading. So not a regular income.

Thanks for the comments.
I took 2 years to pay my school fees.

My sibling is still schooling but she does not take allowance from my parents. I didnt take allowance from my parents while in uni too.

I did find out how much expenses my parents need per month. It amounts up to about 1k including house loans, utilities and groceries. So because they're not working, does that mean I should target to give 1k?

They did ask for 1k when i first started work but i said its not possible because of the school fees. So i think thats the ideal amount they're after. Just can't gauge because i do think 700 is quite high among my peers but it does vary from family to family..

Originally Posted by Unregistered

You give it to them so readily, when will it ever be enough?

You have become a golden goose for your parents. They will take you for granted and keep asking money from you despite having sufficient for necessities.

Start a Collective Parent Fund and put the money in there but don't let them use until a certain age.

Originally Posted by Unregistered

Start a Collective Parent Fund and put the money in there but don't let them use until a certain age.

Parents are also human.

Wouldnt you love it too when your kids just give you any amount of money you asked, without you working?

Originally Posted by Bean

WOW, you earn $10000/mth and you give only $1000 to parent? A little neow lei. At least should give 1.8k-2k ma.

regarding giving $$ to grandma, I think it is your parent responsibility to give $$$ to grandma or the grandma's children, not you (grand children..). I also never give $$ to grandma. When I visit her, occasionally will buy grandma her favorite food like sushi/curry puff/during cakes...etc, that's all.

I earn 3.7k(b4 CPF), give 800-1000/mth to parents....already....

ha i earn >12k, i also only give 1k to my parent..

Just got married last year and my first baby born this year.

Take home pay close to 3k.
Wife is not working. (taking care of baby)

own insurance = 300
baby insurance = 100
house loan to be paid in cash = 150
broadband in two houses = 150
two handphone bills = 75
uni fees = 275
house bills = 200
baby essential needs = 350
personal expenses (transport and food) = 150
money to parents = 450
Misc + Savings = 800

Life is tough. No money and time for holiday.