Getting your 1st salary
Got my 1st salary here in Singapore as a permanent employee today, was happy and on the verge of having big celebrations, before i stopped short and began planning my budget and separating the amount of money i should contribute to the household, my parents and my grams. Lets just say its alot of money hahahaha.. found it so funny that i decide to blog about it, since i guess its a mainly chinese custom to actually give money and giving money to your elders. Perhaps its the filial piety that is ingrained in the minds of chinese people that your parents look after you when you are young, so when they are old, you look after them too, or rather in most of the asian families, you live with your parents till you get married, more so in Singapore when the universities are all in the 647km square area, so you dont have to go some other state or city to study in your university and hence live on your own, so you feel you need to contribute to the household income when you live with your parents as well.
Alright, in any case, the 1st salary that you get is more important than the subsequent ones. So its crucial that you know what is the " market" rate and evidently the rate that is in your extended family as well, so you will not be making the mistake of giving too little or giving too much ( as in time it is harder to maintain at that premium level, hehe). So off i went to sms my sis, to tell her how "rich" i felt even after getting my salary, and this was her advice which i find it hilarious in times like this :" Market rate is 10% of pay go to parents. For grams, another 10% for both of them, but its only a one time thing". What professionalism :D
Alright, in any case, the 1st salary that you get is more important than the subsequent ones. So its crucial that you know what is the " market" rate and evidently the rate that is in your extended family as well, so you will not be making the mistake of giving too little or giving too much ( as in time it is harder to maintain at that premium level, hehe). So off i went to sms my sis, to tell her how "rich" i felt even after getting my salary, and this was her advice which i find it hilarious in times like this :" Market rate is 10% of pay go to parents. For grams, another 10% for both of them, but its only a one time thing". What professionalism :D

2 Comments:
Just wanted to say that it's a little like that in America though maybe one wouldn't expect young adults to feel responsible to their parents here. Children that are still staying home with their parents while going to college/university are apt to give their parents something for rent or food depending upon what they agree upon with their parents. Now grandparents are another thing. How nice of you to think of them! Something we need more of in the States, to respect our elders and take better care of them.
Just 10% for the market rate in Singapore??? That is "good" -_-"
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