Help your old in the family ?

India
December 2, 2007 11:23pm CST
When you are old and cant make ends meet, would you ask your kids for financial support or would that be beneath your dignity to ask. I know my mum will never ask for money, so I send her some regularly every month so that she has some money to do what she likes or buy what she wants. With inflation rising everyday, the old are really having a bad time. I feel it is the duty of every child to see that their parents are financially sound in their old age.
1 person likes this
7 responses
@sid556 (30960)
• United States
3 Dec 07
Yes, my brothers and I do take care of my mom who is dying. we don't want to see her in a nursing home. As for me, I am so very independent that it would be very hard for me to ask any of my girls for help. I am sure they would help me but it would be very very hard for me to accept. I really hope I never find myself in that spot.
• India
4 Dec 07
God Bless you and your brother for looking after her. It is wonderful to know in this day and age also, children are there to look after the old. May your purse always be full of money so as never to depend on others but if need be, do take all the help from loved ones. Thats what family is for.
@sherinek (3320)
• United States
3 Dec 07
Its extremely nice of you to take care of your mom. But i dont think its a matter of dignity. Parents normally dont think like that. Parents dont like to trouble their kids in any way and knowing the kids are also having a bad financial time, a parent would never like to be a burden. Not because they are proud, its just, i dont know how to explain. When we grow old, we have insurance plan and some money is automatically gets saved which we can take out when we pass 55 yrs of age. So that's there for me and my hubby. But i am sure my kids will look after us. I have a small dream to get away from all the haa hoo and go to a retirement facility with my hubby. We have another 30 years. So, dont know what future holds for us.
1 person likes this
• India
4 Dec 07
I know my parents were not very well off and she had a hard time making ends meet. however, she has managed to save some money and the interest rates here in india are miserable. also the inflation is soo high. So to make ends meet, is a problem for all the oldies. There is no social security here also. All in all, the old people are having a bad time. So it becomes necessary to help them as much as we can. I too am not rich, but I definitely will take out some part of my salary to help her. Glad you have insurance and still 30 years more to add to it. May Luck Fortune always smile upon you all.
• India
3 Dec 07
Yes definitely it is the duty of all children to help their parents in the old age, specially in India where parents spend their entire lives and savings to establish their children and the state does hardly anything to take care of the aged. My parents are quite well-off and though I have offered many times, they don’t take any money from me. But my in-laws are not so well-off and though I don’t stay together, my husband gives them substantial financial help every month and with all my support. I am always for taking care of parents whether my own or my husband’s. As for myself, it would be beneath my dignity to ask for any financial help from my only son. I am saving every penny to establish him and I want him to pursue his goals without any strings attached. Since both my hubby and me are working, we are managing to save some for our old age too.
• India
4 Dec 07
thank you for your blessings but let me clarify that whatever i do for my in-laws i do it because i realise that my husband would not be by my side today if they had not raised him. i am grateful to them for their struggles, for their sacrifices and for their love. i do it spontaneously (and will continue to do it) and its not for their blessings. blessings from the elderly come automatically to us just as we bless our children.
• India
4 Dec 07
It is wonderful to know you are there for your in laws who are not very well off. Do you know the blessings you must be getting from them. Since you both are working, you will be able to save for your old age. Keep it up and God Bless.
• United States
3 Dec 07
I'll have no problem helping to take care of my mother in any way I can if it ever comes to that. However, I refuse to ever have children, and to have children only as some kind of retirement plan is sick and selfish. Children are independent individuals, they don't "owe" their parents simply because their parents chose to have children.
• United States
4 Dec 07
Not all parents are good people who deserve the love and care of their children. Also, I have heard many people say that they have children so that they will take care of them when they're old.
• India
4 Dec 07
Whatever gave you the idea that children are retirement plan. Its an awful thought. Children are there to love and cherish and give them good values in life. And when the time comes to help out, there should be no selfish thought out there. They dont owe anything to their parents, but the love towards them automatically wants to help them. You have got it all wrong. My meaning was simple, love for your aged parents and therefore natural help when need be.
@nkhanna (922)
• India
3 Dec 07
hi ketybhagat.i truly agree with you.its the duty of every vhild to take care of thier parents in thier oldage.eversince they had done so much for our bringing that we should do whatever little that we can do.parents generally donot ask for money from their children since they dont want to be dependent on them because they know that even children also have their own problem.that's why me and my partner has taken lots of investment policies for our retirement.
• India
4 Dec 07
Thanks for agreeing with me. I feel we are blessed if we can do some little for our parents. My parents were never rich, so making ends meet or saving was out of question. Our education ate into their meger savings. Now, I look after her as much as I can. Good for you about investment policies. Good Luck.
@Blue911 (49)
• China
3 Dec 07
Many parents never ask for money to their kids,but in many countrys social insurance not enough to their to earn lives.Maybe we need some non-goverment organization to help to resolve this problem.Because many kids are too poor to give money to their parents
• India
4 Dec 07
In my country there is no social insurance, so the old are poorer and the NGOs too do little to help the poor financially. I understand that children too are having problems. Its a sad world.
@wisedragon (2325)
• Philippines
3 Dec 07
Yes we should definitely take care of the old people in our family. Some day we too will be like them - weak and in poor health. I manage my parents' investments so hopefully that will give them cash flow for the rest of their lives. As for me, I am independent minded so I don't think I will ever rely on my children for financial assistance.
• India
4 Dec 07
Being independent is one thing, what with you being young. But old age is far away and if you invest wisely, you will never have to depend on others. But God forbid, if need be, please dont feel bad to turn to your family for help. Thats what families are for.