Freedom to spend
Do the Parents in old age have the same freedom to spend from the earnings of their son/ daughter when they need it most as compared to their son/ daughter spend money from Parent’s earning when they were young?
Your thoughts on it please?
Dear PJ sir,
Parents who had worked in the government before have their own pension from the government and knew how to save for an old age they survive well without the need to ask from children. A acute emergency is a different case totally.
I dont intend to ask my son for money when he is an adult cos he would have his own life to lead and build his home.
Its not fair to always blame a Daughter In Law that parents are not free to spend their sons money.The cost of living is high and the cost for a tertiary education for kids is also high.So its not fair to be expecting our children to be paying for us when we could have saved up when we were young.
Parents should be smart enough to save up enough for their old age.
That way I admire my father and mother...they knew how to save enough for themselves and make sure they never ask their children.
These days I see some parents(not mine) simply wasting their kids money.
I know a distant relative who expects her kids to sponsor her yearly trips to India for nothing at all.
When he kids cant come up with the money she expects them to take some personal loan to pay for her.
Then one day when her kids could not cope anymore she had to audacity to call me up asking me to lend her money.
My answer was simple 'learn to control your desires at an old age..there is no use going to pray yearly in India if you are making others pay for your trip..its seems like none of the prayers worked for you cos you are intend on making others pay for you"
That answer shocked her but she stopped asking her kids and havent gone to India since!LOL