Parents Upkeeping
@id_peace (17036)
Singapore
March 10, 2020 2:41am CST
I have seen a lot of the videos that talk about personal financing from the western world. They talk about saving and spending but very little about insurance.
Interestingly none of them actually talk about paying for parents upkeep. I am curious, do you pay for your parents' upkeeping? Or am I the only one? Not that I am going to cancel their upkeep but I find it interesting that no one talk about parents upkeeping.
6 people like this
7 responses
@id_peace (17036)
• Singapore
10 Mar 20
It seems like most of the new age generations do not?
At least those in Internet do not seems to do that.
@amitkokiladitya (171988)
• Agra, India
10 Mar 20
We live with our parents and definitely take care of the.
2 people like this
@amitkokiladitya (171988)
• Agra, India
10 Mar 20
@id_peace yes...ofcourse. We manage the expenses mutually because they are still working
2 people like this
@rappeter13 (8608)
• Romania
12 Mar 20
@id_peace I think my parents will be fine, from that point of view. My grandparents have everything they need, they would never accept money from their daughters or grandsons.
1 person likes this
@JudyEv (381815)
• Rockingham, Australia
10 Mar 20
Very, very few Westerners would factor in their parents' upkeep. Mostly parents are expected to manage their own finances although I'm sure some are very generous and help out if need be. I think it is one of the great differences between Western and Eastern cultures.
2 people like this
@yoalldudes (35030)
• Philippines
10 Mar 20
You are a good son. But I think normally the parents have money of their own from pension and retirement fund. The child has his own responsibility to think of.
1 person likes this
@id_peace (17036)
• Singapore
10 Mar 20
Even if they have all those, shouldn't the child be supporting the parents regardless of their own obligation?
@yoalldudes (35030)
• Philippines
10 Mar 20
@id_peace It is a good gesture of gratefulness for the child.
1 person likes this
@hereandthere (45628)
• Philippines
10 Mar 20
are you the only child of your parents or will your siblings help you?
1 person likes this
