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    Club Only Child Club

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    • D Offline
      duriz
      last edited by

      Augmum:
      in fact, she already worked out how much money she intends to allocate to us when she works

      A little housekeeper in the making :love:

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      • A Offline
        AuntieKiasi
        last edited by

        Augmum:
        starlight1968sg:

        [quote=\"Augmum\"] i think differently........

        my gal is also an only child.
        since she is the only child, i think we, parents, shd let her/him know
        how much is our saving, which banks, our shares, our insurance, our assets
        and also our WILL, where it is kept and how it is worded......etc.....
        i feel that it is important to let her know all these details .......
        just in case if anythng happens to both of us......(touch wood..... πŸ˜‰ )

        I have only a girl too.
        Dh and I chose to keep mum on our savings etc because it is OUR $$. She has to work hard to earn a living herself instead of relying on our $$. We did not get much $ except education from our parents. This is what we are doing to her ie give her education as long as she can study.

        yes, agree that the child has to earn his/her own $$$ when he/she grows up
        but meanwhile, i feel that some impt information shd be made known to her
        and that doesn't mean that she can be idling ard, doing nothing πŸ˜‰

        in fact, she already worked out how much money she intends to allocate to us when she works[/quote]Good for you both.

        Actually, our intention is for our only child to b financially independent. We have been telling him \"he has to earn his own keep\". He would also have to has his own savings. Hubby & I actually have an agreement. We would let him know abt all those $ stuff after he has his own family or b4 our last breath.πŸ˜‰

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        • starlight1968sgS Offline
          starlight1968sg
          last edited by

          If you know your parents have tons of gold coins (possible as our hdb flat is already one of the most expensive items) in their bank a/c, how much harder would you work? :lol:

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          • A Offline
            AuntieKiasi
            last edited by

            starlight1968sg:
            If you know your parents have tons of gold coins (possible as our hdb flat is already one of the most expensive items) in their bank a/c, how much harder would you work? :lol:

            That's the reason why we do not want to let him know abt inheritances. Hubby says if he turns out to be a idyllic, we should sell our house & the money given to charity while we will check into a old folk's home. i totally agree.

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            • A Offline
              Augmum
              last edited by

              Brenda10:
              Augmum:

              yes, agree that the child has to earn his/her own $$$ when he/she grows up

              but meanwhile, i feel that some impt information shd be made known to her
              and that doesn't mean that she can be idling ard, doing nothing πŸ˜‰

              in fact, she already worked out how much money she intends to allocate to us when she works

              Hi augmum


              Yes. We ever ask dd that in case something happen to us, who will she choose to stay with? also more important thing is life has to go on and don't live in the sadness and the past.

              hi brenda
              oh...that sort of question.....very sensitive, kids usually like to avoid by saying, \"dunno\" πŸ˜‰ how abt yr child ??

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              • A Offline
                Augmum
                last edited by

                duriz:
                Augmum:

                in fact, she already worked out how much money she intends to allocate to us when she works


                A little housekeeper in the making :love:

                it's better to learn from young..... πŸ˜„
                and also other money matters, so as not to be \"con\" by men, esp only child.....haha

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                • A Offline
                  Augmum
                  last edited by

                  starlight1968sg:
                  If you know your parents have tons of gold coins (possible as our hdb flat is already one of the most expensive items) in their bank a/c, how much harder would you work? :lol:

                  still have to work lah......
                  as to be intergrated into the society, for social purpose, for passion and for not becoming a useless person.....
                  anyway, the money cannot last for generations if without refilling πŸ˜‰

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                  • B Offline
                    Brenda10
                    last edited by

                    Augmum:
                    Brenda10:

                    [quote=\"Augmum\"]yes, agree that the child has to earn his/her own $$$ when he/she grows up

                    but meanwhile, i feel that some impt information shd be made known to her
                    and that doesn't mean that she can be idling ard, doing nothing πŸ˜‰

                    in fact, she already worked out how much money she intends to allocate to us when she works

                    Hi augmum


                    Yes. We ever ask dd that in case something happen to us, who will she choose to stay with? also more important thing is life has to go on and don't live in the sadness and the past.

                    hi brenda
                    oh...that sort of question.....very sensitive, kids usually like to avoid by saying, \"dunno\" πŸ˜‰ how abt yr child ??[/quote]Hi agumum

                    May be I consider this is a crisis training. She had told us what is her preference based on her observation she got from those uncles and aunts

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                    • A Offline
                      Augmum
                      last edited by

                      brenda, i think the answer shd be \" stay with mummy, right?\" πŸ˜„

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                      • B Offline
                        Brenda10
                        last edited by

                        Augmum:
                        brenda, i think the answer shd be \" stay with mummy, right?\" πŸ˜„

                        Yes. This is her first answer and those are just contingency plan. :lol:

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