Unregistered |
10-11-2015 05:03 PM |
Are your parents working? If they are, I think they will (should) understand and accept that you have to build up your savings and pay off your loans first before asking for allowance from you. There are other ways of showing filial piety. Giving them allowance is just one of them.
My daughter also just entered the workforce - half a year ago earning about the same pay as you. We told her to save up and invest instead of giving us allowance. She has no study loans or any other loans, as we paid for studies and living expenses before she started work.
I think she is able to save $2k+ per month. She now has about $50k in savings
from both the allowances we gave her during her student days and her earnings during school holidays.
Come to think of it, her phone plan is still being paid by me, and she has her breakfast and dinner at home.
She spends mostly on clothes and traveling.
Quote:
Originally Posted by toto
(Post 74898)
Take home pay 2.7k.
Loans- 1.5k
Parents- 200
Phone bill- 50
Transport- 100
Food- 450
Entertainment (movies etc)- 100
Misc (contact lens etc)- 100
Guess I still have around $200 left. Can I invest with this amount or do you suggest I save it? Also, do you have any comments regarding my expenses? Thanks!
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