Share
Theres little doubt that raising a child is expensive.
The costs can quickly add up, and its estimated that middle-income parents spend about$310,605on a child.
No wonder some of them hope their kids will help them financially in the future.
However, redditorclassypotato09s mother took this to the next level, asking for her entire salary.
The daughter found such a request ridiculous and said no, which extremely upset her mom.
Half said they had given at least $1,000.
The allowance was often paid monthly or weekly for needs like groceries and housing.
He told us that there should be no pressure and it should be a two-way effort.
Retirees often face higher medical expenses, which can quickly empty out their savings.
In fact, 10% of children said their parents had outlived their nest eggs.
In some cases, they even have to work longer than their retirement age because of added financial responsibilities.
If its a costly medication, children can recommend taking a generic drug or using a money-saving app.
Downsizing or relocating may be cheaper overall, reducing costs.
Using social benefits or tax breaks is also a great way to reduce expenses.
Some medical fees for elders are tax-deductible.
So, if children are covering half of their living costs, they can ask for a price reduction.
Lastly, consulting a professional to help parents with their retirement plans is another good idea.
Commenters supported her decision
Thanks!
Check out the results:
