How much $ do you give your parents every month?

Originally Posted by Unregistered

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.

Amazing, admire your guts and attitude, if only my bro is like you. His situation is similiar, except he is only dating, no vision to marry and commit at his monetary state

"
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.[/QUOTE]

BTW, my take home is 5.5k, but I only give 500.

Originally Posted by Unregistered

Amazing, admire your guts and attitude, if only my bro is like you. His situation is similiar, except he is only dating, no vision to marry and commit at his monetary state

Haha. Thanks. My best enjoyment is to bring up my baby boy
Get your brother to talk to me then. I may change his mind. lol

There isn't much I can improve on beside changing the internet service from fibre to normal broadband at my parents house (-$60)

Originally Posted by Unregistered

"
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.

BTW, my take home is 5.5k, but I only give 500.[/QUOTE]

You can try to give more.....ie 1k

[Dark_flan]

I set around 5 to 6% of my take home income to parents as they are still working so no need to give so much. Anyway our household is quite well to do. Furthermore I'm planning to get my housing, marriage & other expenses like my car's COE renewal few yrs down or new car and not forgetting my current further studies... There is no called fixed amount to pay for household anyway.. just a gesture.

I see everyone give so little. .My take home less than $3k but i give $800 to parents, and pay for all household bills, utilities/phone/groceries. This works out to >$1200 per mth easily excluding other ad hoc expenses for them.

Originally Posted by Unregistered

I see everyone give so little. .My take home less than $3k but i give $800 to parents, and pay for all household bills, utilities/phone/groceries. This works out to >$1200 per mth easily excluding other ad hoc expenses for them.

hi! how do you manage to give your parents so much? Does that mean you do not save for yourself? Truth is i can afford to give my parents but it would mean i save very little each month..

[rubberbus]

Originally Posted by Unregistered

I see everyone give so little. .My take home less than $3k but i give $800 to parents, and pay for all household bills, utilities/phone/groceries. This works out to >$1200 per mth easily excluding other ad hoc expenses for them.

RESPECT!

You dont wan to find a girlfren and get married ah?
Plan for your future my fren!

From a parent's perspective. My daughter started working 2 months ago, taking home around $2.5k. She dutifully gave me and my wife $200 each.

As a parent, this is a proud moment, signifying another important milestone in life where your offspring becomes a contributing member to society. As working parents, the allowance we receive from our child is not material, as we are not dependent on it. However it warms our heart for the filial piety shown by our child. We will be saving all her contributions to us for her future. We will receive the money graciously and gratefully as we know how much it means to her.

Even when we retire, we will be financially independent because of the passive income stream we built up. We didn't tell her to give us any allowance, it was out of her own will. This makes it extra special.

I think many of you may not be aware, parents are touched most by filial children. It is not the amount per se. Contribute what you can reasonably afford, but most importantly be around to talk to them, keep an interest in their lives - these things are priceless. If your parents don't need your money, you can rest assured that the money will come back to you when they are gone.

Originally Posted by Unregistered

From a parent's perspective. My daughter started working 2 months ago, taking home around $2.5k. She dutifully gave me and my wife $200 each.

As a parent, this is a proud moment, signifying another important milestone in life where your offspring becomes a contributing member to society. As working parents, the allowance we receive from our child is not material, as we are not dependent on it. However it warms our heart for the filial piety shown by our child. We will be saving all her contributions to us for her future. We will receive the money graciously and gratefully as we know how much it means to her.

Even when we retire, we will be financially independent because of the passive income stream we built up. We didn't tell her to give us any allowance, it was out of her own will. This makes it extra special.

I think many of you may not be aware, parents are touched most by filial children. It is not the amount per se. Contribute what you can reasonably afford, but most importantly be around to talk to them, keep an interest in their lives - these things are priceless. If your parents don't need your money, you can rest assured that the money will come back to you when they are gone.

Hi there,

I would like to think my parents are just like you. But i think it really differs from parents to parents.. Both my parents are not working I give them 700 a month.

I have to say I really dont spend that much. Most of the money are used to finance my housing loan, insurance. But recently I told them I m intending to go for a overseas trip with my friends and my parents replied saying how do i get so much money to go for trips. If i have money for trips i should contribute more to the household instead..

On top of that, I have observed my parents at home once when i was on MC. They basically just watch tv, sleep and do minimal housework but they like to make me go out and buy things and do chores for them and scold me for not helping out for housework when i return home each day really tired from work.

Much as i think they might really need more money because they are not working. Their attitude makes me feel reluctant to do so. Not sure if anyone experience the same?