Quote Originally Posted by gladz View Post
I am lucky as my parents have their jobs and same with my siblings so i am not obliged to send money for them for this and that. I can send some for birthday pressies or emergencies but not as monthly or weekly allowance.

I remembered the seminar i had at CFO where the speaker told us to educate our family about money that money isn't grown on trees, and not to spoil our families with luxurious things cos they tend to rely and become parasites,that they don't strive hard or don't look for jobs cos they knew they are receiving monthly allowances . She even told us to save and invest. I totally agree with what she said and my husband kept telling me that uk is not paved with gold. Save and invest for you don't know what the future holds.
The speaker at your CFO seminar was talking sense
I wonder how many of the recipients actually take it on board