Hi anon, It depends on the dynamics of the parent and the child. Some parents really insist (I emphasise on that word) that their children give them a monthly allowance for bringing them up. It's especially pertinent in an Asian Chinese society because of the Confucian concept of filial piety. That being said, it wouldn't have mattered whether the child is repaying the parent for a loan Since the "repayment" for upbringing is a lifelong thing. Most children do take the initiative to return back to their parents too so that works best since it's a two-way thing. There is no one-size fits all answer because different households do it differently. Some parents are willing to withhold receiving of allowance from their children till their student loan is paid off. Some still insist on receiving the allowance despite the monthly student loan repayment. Ultimately it requires open communication with the parents. What about saving up for big ticketed items like wedding etc? The assumption here is that every parent has their children's best interests at heart. I know of parents who avoid taking an allowance for the time being because their children is managing items like housing etc. Practically, your loan should theoretically be frozen in light of the COVID-19 measures. You can consider giving back to your parents for now, and then asking if you can delay the allowance once your loan resumes if finances are tight. This allows you the space to save too. However if repayment of your loan is pertinent to you, you can allocate 10-20% of your monthly salary to repay your loan while 10% of your income to your parents for now. The rationale is to avoid the interest rolling And get it done asap. Once your loan is repaid, you can adjust 10-20% of your income allocation for your parents. A typical Budget for remaining expenses will be 10% for investment, 10% for savings, 20% for emergency fund and 10% on insurance And remaining on expenditure if that works for you. Financial planning is an integral part of life. You can reach me here to find out more.