For people living with their parents, what percentage of your income do you give them to contribute for household expenses etc? - Seedly

Family

Asked by Anonymous

Asked on 24 Mar 2019

For people living with their parents, what percentage of your income do you give them to contribute for household expenses etc?

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Junus Eu
Junus Eu
Level 8. Wizard
Answered 4w ago

I pay directly for household groceries/consumables like toilet paper (goes very fast in the house), tissue paper, toothpaste, shampoo, body soap etc. And when it comes to big ticket items that need to be replaced eg. washing machine, curtains for the whole house, mattresses and bedsheets for everyone, I cover that too.

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JW
jiajing wang
Level 3. Wonderkid
Answered 4w ago

My take home is only 2.6K and I give my mum only $600. .im not sure if it is too few but I do bring them out to gd dinner sometime. (we don't cook at home )

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Luke Ho
Luke Ho, Money Maverick at Money Maverick
Level 6. Master
Answered on 08 Apr 2019

As a self-employed, I try to give them an absolute number because my income fluctuates on a monthly basis. It would be weird for them to understand why they receive a different amount per month if you go by percentage.

Actually, I recommend you should do that regardless of being self employed or not.

Your parents love you, but its still going to be weird for them if you give them less over time. So set the bar low and work your way up to giving them more as you become mroe successful.

You are as successful as you are ideally because of them, after all.

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