Recent posts

After reading the recent confessions...Genuinely curious why sg parents have an entitlement to 'a portion of child's salary' mindset once they enter the workforce. I find it strange that there's such a 'culture' to begin with. This is unheard of in western culture / modern sg parents. Being a post graduate myself (early 20s), I don't have a high income. I bring home and average of $3.5k per month and after cpf deduction its $2.8k only. I set aside about $200 per parent monthly, which is about almost 15% of my income. Its not a lot, yet not little as i have other expenses like insurance, upcoming bto etc, and it leaves me very little at the end of each month, sometimes living pay check to pay check. Parents justification for the allowance is that we are still living with them, so we should give them money to offset the home bills and miscellaneous, as they COULD HAVE earned a lot of income from renting out the rooms we currently live in. Um, weren't you just doing fine when I wasn't working, no? I don't get the comparison of such, and why the sudden attitude of being calculative. I get it about 'relieving some financial burden' of ageing parents, however such expectations for a post grad with a barely average income is unrealistic and stressful. I'm genuinely envious of my friends parents that do not have this monthly allowance tradition. My friends that have this privilege, shared with me that their parents understand they're still slowly building a steady income, and should focus on saving enough for their own future instead. Wow, I wish my parents would think this way. Sigh. One thing I'm sure of, if I'd ever be a parent I'd never set such expectations on my kid. It is important for parents to be financially independent and savvy. It's time for our generation to make a change and let's not add additional burden to the already stressful life in sg. Probably also the reason why I'm steering towards a 'no kids' in the future. Inflation, expectations, stress...It's tiring. If any boomers want to comment 'strawberry', 'useless', 'ungrateful', i can probably identify you as another boomer that falls in this category. Remember, we kids did not ask to be born. If you decide to have children you jolly well ensure you take care of them, and not treat them as your cash cow and retirement plan. If you took good care of your children when they are younger, naturally they will be very willing to take care of your needs when you're older without even having to ask. If you're going to be toxic and reek of self entitlement, you'd have no children at the end of the day.