If parents expect repayment from their adult children, how are they any different from a business?

[Anonymous]

Anonymous wrote:We estimate it took us about $275,000 to raise each of our kids. It's perfectly natural to ask them to pay back some of that money once they have good-earning jobs. I finally would also like to drive a nice car.

you got off cheap.

guess you get what you pay for!

[Anonymous]

My mom did a ton for me and made sacrifices. She doesn't expect anything and refuses monetary gifts but I try to spoil her and pay for experiences together. I'm not sure how my child will feel since we have been lucky and haven't had to sacrifice in any similar way financially.

[Anonymous]

I guess its one thing to expect kids to be kind and helpful in your old and a completely different thing to expect new car, house, travel, lifestyle etc.

I get that point of kids not having a say in being born to you etc but anything they receive once they are adults past 18 and high-school is a favor not an obligation and they should be thankful to their parents just like they would be if any other person was doing that favor.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:We estimate it took us about $275,000 to raise each of our kids. It's perfectly natural to ask them to pay back some of that money once they have good-earning jobs. I finally would also like to drive a nice car.

Thanks for the laugh!!!

Your kids didn’t ask to be born. They owe you nothing!

In many cultures children are expected to sacrifice and support their parents in old age. So asking them for a nice car or vacation once in a while is actually quite modest when compared to moving in them so they can take care of you!

I am living in an Asian country currently and just found out many parents expect to receive an allowance of around 10% of their adult kids’ earnings. The oldest child is expected to have them move in with them eventually.

It made me really appreciate my parents.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:We estimate it took us about $275,000 to raise each of our kids. It's perfectly natural to ask them to pay back some of that money once they have good-earning jobs. I finally would also like to drive a nice car.

Thanks for the laugh!!!

Your kids didn’t ask to be born. They owe you nothing!

In many cultures children are expected to sacrifice and support their parents in old age. So asking them for a nice car or vacation once in a while is actually quite modest when compared to moving in them so they can take care of you!

I am living in an Asian country currently and just found out many parents expect to receive an allowance of around 10% of their adult kids’ earnings. The oldest child is expected to have them move in with them eventually.

It made me really appreciate my parents.

Exactly! It's not a novel idea. Here in the US the Boomer generation is facing a retirement crisis because they never really had a chance to save. A monthly stipend or allowance from their kids would make so much sense if that were the cultural norm here.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:We estimate it took us about $275,000 to raise each of our kids. It's perfectly natural to ask them to pay back some of that money once they have good-earning jobs. I finally would also like to drive a nice car.

Thanks for the laugh!!!

Your kids didn’t ask to be born. They owe you nothing!

In many cultures children are expected to sacrifice and support their parents in old age. So asking them for a nice car or vacation once in a while is actually quite modest when compared to moving in them so they can take care of you!

I am living in an Asian country currently and just found out many parents expect to receive an allowance of around 10% of their adult kids’ earnings. The oldest child is expected to have them move in with them eventually.

It made me really appreciate my parents.

Exactly! It's not a novel idea. Here in the US the Boomer generation is facing a retirement crisis because they never really had a chance to save. A monthly stipend or allowance from their kids would make so much sense if that were the cultural norm here.

LMAO good one. Boomers had perfect economic conditions. No chance to save... 🤣🤣🤣

[Anonymous]

Anonymous wrote:We've spent more than half a million just during 6 years of undergrad and grad school on a kid but expect nothing. If we wanted interest, could've invested in stock market and made multi millions. All we expect is to go make a good life and spread some good for other humans.

+1. Us too. If I didn’t want to pay for something I wouldn’t have, but to expect repayment for food, clothes, activities, or education expenses is cruel. You choose to have them and then you act like raising them is a burden. They are only here because of your choices.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:We estimate it took us about $275,000 to raise each of our kids. It's perfectly natural to ask them to pay back some of that money once they have good-earning jobs. I finally would also like to drive a nice car.

Thanks for the laugh!!!

Your kids didn’t ask to be born. They owe you nothing!

In many cultures children are expected to sacrifice and support their parents in old age. So asking them for a nice car or vacation once in a while is actually quite modest when compared to moving in them so they can take care of you!

I am living in an Asian country currently and just found out many parents expect to receive an allowance of around 10% of their adult kids’ earnings. The oldest child is expected to have them move in with them eventually.

It made me really appreciate my parents.

Exactly! It's not a novel idea. Here in the US the Boomer generation is facing a retirement crisis because they never really had a chance to save. A monthly stipend or allowance from their kids would make so much sense if that were the cultural norm here.

LMAO good one. Boomers had perfect economic conditions. No chance to save... 🤣🤣🤣

There is a book called a generation of sociopaths (something like that) about boomers prodigious spending and manipulation of social welfare systems for their own gain. Try again boomer!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:We estimate it took us about $275,000 to raise each of our kids. It's perfectly natural to ask them to pay back some of that money once they have good-earning jobs. I finally would also like to drive a nice car.

Thanks for the laugh!!!

Your kids didn’t ask to be born. They owe you nothing!

In many cultures children are expected to sacrifice and support their parents in old age. So asking them for a nice car or vacation once in a while is actually quite modest when compared to moving in them so they can take care of you!

I am living in an Asian country currently and just found out many parents expect to receive an allowance of around 10% of their adult kids’ earnings. The oldest child is expected to have them move in with them eventually.

It made me really appreciate my parents.

I think its culture and system set up. May be our parents would've done the same if required to survive in that system and culture. If income is limited, mortgage,social security or student aid not available then you can't provide elderly parents and kids, good life AND save for your own old age. People have to settle for paying it forward. I see that in many families here in US as well.

[Anonymous]

*paying it backward AND forward

[Anonymous]

I had money, kids didn't so I paid for their colleges so they can avoid debt. If I'm short in old age because I didn't invest that money somewhere else, its basically just reimbursement, they aren't doing charity.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:We estimate it took us about $275,000 to raise each of our kids. It's perfectly natural to ask them to pay back some of that money once they have good-earning jobs. I finally would also like to drive a nice car.

Thanks for the laugh!!!

Your kids didn’t ask to be born. They owe you nothing!

In many cultures children are expected to sacrifice and support their parents in old age. So asking them for a nice car or vacation once in a while is actually quite modest when compared to moving in them so they can take care of you!

I am living in an Asian country currently and just found out many parents expect to receive an allowance of around 10% of their adult kids’ earnings. The oldest child is expected to have them move in with them eventually.

It made me really appreciate my parents.

I could never understand my parents even wanting to move in with me. They live in a four-bedroom house and I live in a one-bedroom apartment(which I don't plan to change).

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:We estimate it took us about $275,000 to raise each of our kids. It's perfectly natural to ask them to pay back some of that money once they have good-earning jobs. I finally would also like to drive a nice car.

Thanks for the laugh!!!

Your kids didn’t ask to be born. They owe you nothing!

In many cultures children are expected to sacrifice and support their parents in old age. So asking them for a nice car or vacation once in a while is actually quite modest when compared to moving in them so they can take care of you!

I am living in an Asian country currently and just found out many parents expect to receive an allowance of around 10% of their adult kids’ earnings. The oldest child is expected to have them move in with them eventually.

It made me really appreciate my parents.

Exactly! It's not a novel idea. Here in the US the Boomer generation is facing a retirement crisis because they never really had a chance to save. A monthly stipend or allowance from their kids would make so much sense if that were the cultural norm here.

LMAO good one. Boomers had perfect economic conditions. No chance to save... 🤣🤣🤣

x10000000

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:We estimate it took us about $275,000 to raise each of our kids. It's perfectly natural to ask them to pay back some of that money once they have good-earning jobs. I finally would also like to drive a nice car.

Thanks for the laugh!!!

Your kids didn’t ask to be born. They owe you nothing!

In many cultures children are expected to sacrifice and support their parents in old age. So asking them for a nice car or vacation once in a while is actually quite modest when compared to moving in them so they can take care of you!

I am living in an Asian country currently and just found out many parents expect to receive an allowance of around 10% of their adult kids’ earnings. The oldest child is expected to have them move in with them eventually.

It made me really appreciate my parents.

My Korean neighbor built.a new wing onto their already huge house for the husband's parents from Korea. The house must be about 12000sq ft. He is the oldest son and told his wife (from the midwest) before they married that this was the expectation and he would do this. They have 5 kids and the grandparents don't really help out much either, despite living there. The grandparents keep to themselves and are kind of like ghosts in the house that cook very fragrant foods. I don't know how my friend/neighbor deals with this, because I don't think I could. They don't even speak the same language and neither has a desire to learn. They've been living together for about a decade and the health of everyone is superb as far as I can tell, so it could be another 20 years!

[Anonymous]

Anonymous wrote:We estimate it took us about $275,000 to raise each of our kids. It's perfectly natural to ask them to pay back some of that money once they have good-earning jobs. I finally would also like to drive a nice car.

Boomer mentality. Now college costs that much. Don’t be surprised when your kids figure out your love was conditional, and they don’t want anything to do with you.