Any advice on how I should go about discussing financial matters with my parents? - Seedly

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Asked by Anonymous

Asked 2w ago

Any advice on how I should go about discussing financial matters with my parents?

33 years old & single, male. Parent r both 60 y/o. Currently living in their 5 rm flat w/younger sibling who is working. She is not in gd financial shape. Nt much saving. I'm giving mom monthly allowance. I'm trying 2 achieve financial freedom by learning abt stocks investments and improving salary earning capabilities. Dad has been in financial difficulty. I often pay electrical bills, internet bills and occasionally provide substantial monetary support to his business. Till now is >25k SGD...

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Your question was not very clear anon, what would you like to speak to them about?

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Question Poster

2w ago

Sorry my apologies.. financial support to dad thus far is ~17k..
Hariz Arthur Maloy
Hariz Arthur Maloy

2w ago

Maybe you might want to tell him to try to do a budgeting exercise for both him and your mom? Maybe do one for yourself first and then show him that as a sample.