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

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

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]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.[/quote]

Thanks for the laugh!!!

Your kids didn’t ask to be born.  They owe you nothing![/quote]

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![/quote]

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.[/quote]

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![/quote]

China used to be like this too, but then again there was no social security system. It was one reason they preferred sons (because of the oldest son’s “obligation “ to care for his parents. ) His wife is expected to care for his parents too.

Not sure about whether the government there currently gives any kind of pension.[/quote]

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