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    $350k for 1 child?

    Scheduled Pinned Locked Moved Money Matters
    210 Posts 36 Posters 75.0k Views 1 Watching
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    • H
      HyperKiasu
      last edited by

      tamarind:
      There is nothing wrong with the eastern feeling of being upset to be left in an old folks home.
      then anything wrong with being independent?

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      • M
        markfch
        last edited by

        HyperKiasu:
        tamarind:


        I agree with you. I do hope to set good examples for my kids πŸ˜‰
        When I give allowance to my mother, I purposely let me kids see me handing over the money to my mother πŸ˜‰ This is to teach them that children should support their parents when they grow up. They may not turn out the way I hope for in the future, but I must at least try to teach them.

        that looks a bit ε€ΈεΌ 

        In that case, then I'm worse πŸ˜‰ cos I purposely hand over my monthly allowance to my ds so that he can give to my mum. Much to the amusement of my mum :lol:

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        • H
          HyperKiasu
          last edited by

          markfch:
          HyperKiasu:

          [quote=\"tamarind\"]
          I agree with you. I do hope to set good examples for my kids πŸ˜‰
          When I give allowance to my mother, I purposely let me kids see me handing over the money to my mother πŸ˜‰ This is to teach them that children should support their parents when they grow up. They may not turn out the way I hope for in the future, but I must at least try to teach them.

          that looks a bit ε€ΈεΌ 

          In that case, then I'm worse πŸ˜‰ cos I purposely hand over my monthly allowance to my ds so that he can give to my mum. Much to the amusement of my mum :lol:[/quote]mmmmm if the grandmum sacrificed much of her own time at their golden age taking care of the kids.....

          no offense here:
          Live together with parents can benefit the young couple more than benefit the old parents if there is no relationships issues ....
          i have seen enough cases of old parents taking care of kids, saving a lot of cost for the whole family...
          so giving old ppl allowance is nothing....

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          • M
            markfch
            last edited by

            HyperKiasu:

            mmmmm if the grandmum sacrificed much of her own time at their golden age taking care of the kids.....

            no offense here:
            Live together with parents can benefit the young couple more than benefit the old parents if there is no relationships issues ....
            i have seen enough cases of old parents taking care of kids, saving a lot of cost for the whole family...
            so giving old ppl allowance is nothing....
            You seem to insinuate that young couples give allowance to their parents only when they need their old folk's help? Hmm, interesting food for thought ....

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            • H
              HyperKiasu
              last edited by

              markfch:
              HyperKiasu:


              mmmmm if the grandmum sacrificed much of her own time at their golden age taking care of the kids.....

              no offense here:
              Live together with parents can benefit the young couple more than benefit the old parents if there is no relationships issues ....
              i have seen enough cases of old parents taking care of kids, saving a lot of cost for the whole family...
              so giving old ppl allowance is nothing....

              You seem to insinuate that young couples give allowance to their parents only when they need their old folk's help? Hmm, interesting food for thought ....

              this is a sweeping statement.
              i m not that complicated to insinuate anything as u think....

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              • dimsumD
                dimsum
                last edited by

                markfch:
                HyperKiasu:

                [quote=\"tamarind\"]
                I agree with you. I do hope to set good examples for my kids πŸ˜‰
                When I give allowance to my mother, I purposely let me kids see me handing over the money to my mother πŸ˜‰ This is to teach them that children should support their parents when they grow up. They may not turn out the way I hope for in the future, but I must at least try to teach them.

                that looks a bit ε€ΈεΌ 

                In that case, then I'm worse πŸ˜‰ cos I purposely hand over my monthly allowance to my ds so that he can give to my mum. Much to the amusement of my mum :lol:[/quote]I never tot of that! I am going to do that too πŸ™‚

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                • M
                  mumwgals
                  last edited by

                  I too think $350K is grossly under estimated. If the child is going oversea for tertiary education, where got enough. My niece is going to switzerland to study hotel management this Aug, I was told it may cost up to $350K.

                  buds:
                  Tam darling, i keep ALL receipts in my BIG book since the first time they
                  enrolled in kindy. :evil: How? Track secure anot? :lol:

                  No one has a right to criticize others cos we all have our own way of doing
                  things especially when it comes to raising our children. :hugs:

                  Children SHOULD NEVER take things for granted. That's definitely a start.
                  That's why before the girls sleep each night, i remind them to count their
                  blessings
                  . This way they reflect and learn to appreciate even the littlest
                  things in life. And... the simplest things in life CAN be rewarding more
                  than we know it. πŸ˜‰
                  Hey buds, me too keep the receipts. And I did exactly the same, ask my girls to count their blessing. I did not take note when did it actually started but my girls will thank my hb and me after each meal and every outing we have when we are on our way home and sometimes when they say goodnite to us, they will thank us again for the great day.

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                  • M
                    mumwgals
                    last edited by

                    markfch:
                    HyperKiasu:

                    [quote=\"tamarind\"]
                    I agree with you. I do hope to set good examples for my kids πŸ˜‰
                    When I give allowance to my mother, I purposely let me kids see me handing over the money to my mother πŸ˜‰ This is to teach them that children should support their parents when they grow up. They may not turn out the way I hope for in the future, but I must at least try to teach them.

                    that looks a bit ε€ΈεΌ 

                    In that case, then I'm worse πŸ˜‰ cos I purposely hand over my monthly allowance to my ds so that he can give to my mum. Much to the amusement of my mum :lol:[/quote]I asked my girls to hand the monthly allowance to my dad too. I told them that GongGong had work hard to support me when he was younger and now he is too old to work and support himself, by giving him the monthly allowance, it will bring a smile on his face as he knows that he will not have to worry to find money to buy food for the next 30days and also he will have money to buy sweets for them too *which my dad always did, he would buy 2 bottles of M&M every month for them*. That goes the same to the christmas present we give to old folks home every year. I told them, these old grandpas and grandmas have done much to the society when they were younger, we should show our appreciation and respect by making them happy. Before christmas, they will dig out some money from their piggy bank and we will go supermarket to buy some groceries and bring them to the old folks home. I hope to teach my girls, when they give, they must give from their heart, not because of obligation.

                    My hb and I hope not to be a burden to my children when we grow old, especially financially.

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                    • T
                      tree nymph
                      last edited by

                      HyperKiasu:

                      mmmmm if the grandmum sacrificed much of her own time at their golden age taking care of the kids.....

                      no offense here:
                      Live together with parents can benefit the young couple more than benefit the old parents if there is no relationships issues ....
                      i have seen enough cases of old parents taking care of kids, saving a lot of cost for the whole family...
                      so giving old ppl allowance is nothing....
                      HyperKiasu,

                      I think you have not lived with your PIL before........

                      Are you sure that is the case? Have you seen enough cases to generalize your statement? and you IF think like this, how are you independent?

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                      • T
                        tree nymph
                        last edited by

                        HyperKiasu:
                        tree nymph:

                        [quote=\"HyperKiasu\"]
                        i dun agree here.
                        most westerns start to earn a living at much earlier age than Chinese....
                        they emphasize individualism, independence more than we do....

                        yes, most normal family will probably get the kids to save and earn their colleage fees. But when emphasize individualism, and freedom they tend to forget about their parents. I think that is whAt Tam is saying.

                        But western parents when they become grandparents won't take care of grandchildren like many chinese grandparents do....[/quote]Are you sure???

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