I’ve seen clip of that financial advice show “The Ramsey show” on YouTube and the things that old man say are shocking to me. According to him I shouldn’t give a single cent to my parents… That’s so against my culture. I would be seen as downright evil if I do that.
Hell I’m unemployed for like a year by now and still sent 200 euro a few months ago to my father that still lives in my home country that I haven’t seen in 17 years.
Are you really Americans like that? Don’t get me wrong, I don’t see it as cold hearted but I see it as unnatural, and I’M a “socialess” cold person in essence.
You went off to a different country and things are much different.
In the US, generally, parents by retirement age have paid for their homes by then, have retired with benefits from their employer that will give them some money every month, have social security that also pays them every month (both of these are taken out of each paycheck throughout their career lives) and don’t have many bills.
So by the time they’re old, if they were responsible and held ok jobs, they should need money less than you need it. Our US system is basically set up to make you work hard for 40 ish years and then you’re taken care of when you’re old, for the most part. If your parents need money and you have money to give, there’s nothing wrong or against it. It’s still a common thing. But ideally, doing that shouldn’t be needed.
Yeah, thats how it is in Germany, although they may not have a house, they will most of the time get enough pensions to afford their daily lives.
I am an adult, but my mother would rather give me money than the other way around, but my parents are also upper middle class.
But if my parents ever needed money to survive I would support them, its just unlikely to happen.