Do you give your parents monthly allowance now that you are working?
July 30, 2009 9:53am CST
Was having a chat with a fellow myLotter a moment ago when the topic money comes in. Were discussing where and how we distribute our money. Well as for me, I am a stay at home mother and a part time private tutor. That means, I dont earn much. I dont have any pocket money with me. Each time I go out, my husband will pay for my expenses. It's been a very long time since I pay for anything on my own. Then my friend asked me, what about the money I earned from my teaching? I told her, that money, I give my parents as their monthly allowance. My husband can take care of me and my son. Eventhough my Dad is still working, I know he doesnt earn much. By right, he is way over the retirement age. So I myself don't have much savings. I have a savings long time ago and is just accumulating interest. I did not top up the amount though. Must remind myself to do that once in a while. So, I've heard from others, many doesnt give money to their parents if the father or mother is still working and prefer to keep it to themself for their savings instead. What about you? Do you give your parents a monthly allowance?
2 people like this
31 Jul 09
I will give my mum the monthly allowance even I am now on my own.. I will try my very best to at least give her some, and keep some.. I normally give her the 50% of what my earnings... I would rather save on my own, than not having to give my mum a simple gesture of appreciating her..
30 Jul 09
i don't give my parents money for allowance co'z they also have their own earnings. besides they have a bigger salary than i am. LOL however, i never forget to give them present on special occasion and i always ask them to eat out for a treat from me. that is my way of giving back to them.
5 Aug 09
Yes I do. But I was very touched when I had my son, my parents asked me to reduce the allowance I give them. They said I will require the money more for myself and to take care of myself better. They know I am very stingy with myself! So on and off I will pay for their holidays and take them out for meals instead. Not so much the money I guess, more the fillial piety. Some parents demand money from their kids....thinking it is payback time. Even though the kid sometimes I see is struggling himself. It is not easy if we are in a cosmopolitan....cost of living also very high.
4 Aug 09
Dear submerryn, I am : Ready, On the Marks, Get Set, GOOO... Thinking of going back to the workforce by next year... don't know anyone will still want to employ me at this age...lol Once in awhile, I really want to earn a fixed basic income so that I can have my own pocket money, EPF and have some money to give my wonderful mum ~ some allowances! I do give a fixed sum of money to my mum when I was still working. But since I am a housewife now (no fixed earning)...she understand my situation...when I get some extra income, I give some to her but she do not want to accept, she asked me to spend on my son instead! She is staying with us...so my husband will give some allowance to her. My eldest sister will give my mum monthly allowance too! So, once a month I will bring my mum for a treat at the restaurant..yummy!