I’m wondering if anyone gives money to their parents regularly. My parents currently at the ages of 60’s have retired ten years ago with very little savings, so I give them CAD$5000 (Canadian dollar) each month.
I feel obligated to provide monetary support to them, because it’s my responsibility. My parents spent all their money on family, me, and my three elder siblings in the past. I feel it’s time for me to contribute to the family when I finally finish my university and embark on a new career.
However I feel $5000 per month does eat away my monthly income very quickly. I find it difficult to save money. At this rate, I don’t even think I’ll be able to retire at age 55, like my parents. Having worked for two years after university degrees, I’m still living like a student. This sometimes makes me wonder when I’ll buy my first home or when I’ ll be able to establish my own family. I’ve never had a girlfriend in my life…could it be I’m too cheap, not willing to spend?!?! ò.ó
Do you peopel give money to your parents? If so, do you do it regularly or once in a while? How much do you give???