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discuss Using Good Income to Help Parents

This thread focuses on relationships, including communication, dynamics, challenges, advice, and their impact on personal growth and connections.
I am a firm believer as a daughter and also as someone who has kids myself, that you should always help your parents as much as you can and even when that comes to financial help and stability.

I would never expect my kids to just keep giving me money, my parents would not expect that from me either, but that little bit of help and even supporting them in their businesses and ideas can make a whole difference.
 
Well, at this moment my parents do not need financial assistance, they are able to pay their bills from their farm income. Except, paying utilities bills or medical bills sometime, I don't give them any money. But when a situation comes, I will certainly take of my parents. I have the moral obligations to support my parents.
 
I got my parents out of credit card debt and maintain an open line to send whatever is needed whenever.

My mom did so much for us to have what we had -- essentially carrying the debt I paid in rollover interest -- that I felt I should relieve that burden from her back.
 
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