tag:blogger.com,1999:blog-37697766.post6451441100117530931..comments2023-10-01T07:59:30.295-07:00Comments on Grad Money Matters: Culture Specific Oddities in Money MattersUnknownnoreply@blogger.comBlogger6125tag:blogger.com,1999:blog-37697766.post-24042947735039543552007-06-16T21:45:00.000-07:002007-06-16T21:45:00.000-07:00minimum wage: "Men who cannot earn enough to suppo...minimum wage: "Men who cannot earn enough to support a family are expected to not marry and not have children." - I don't believe this is true in my culture. Wow, that would be really harsh.<BR/><BR/>"But what happens to those who, by following #1 above, do not have any children to support them in old age?" This happens in my culture if a person does not have sons, since it is the sons that are supposed to take care of parents. Historically, such people were pitied on by the society and generally one of their nephews would step up to support them. But these days things have moved along quite a bit, and we daughters do our part to chip in for providing for our parents.ispfhttps://www.blogger.com/profile/00928097981905476759noreply@blogger.comtag:blogger.com,1999:blog-37697766.post-29754103207439673712007-06-14T23:51:00.000-07:002007-06-14T23:51:00.000-07:00Here's a question:1) Men who cannot earn enough to...Here's a question:<BR/><BR/>1) Men who cannot earn enough to support a family are expected to not marry and not have children.<BR/><BR/>Fair enough.<BR/><BR/>2) Children are expected to support the parents in their old age.<BR/><BR/>Fair enough.<BR/><BR/>But what happens to those who, by following #1 above, do not have any children to support them in old age?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-37697766.post-18429012783145117162007-05-25T12:21:00.000-07:002007-05-25T12:21:00.000-07:00After I read through this I was thinking you were ...After I read through this I was thinking you were from the Middle East until you mentioned at the end that you're not. As the ME is southwest Asia. The whole issue about children supporting their parents is a vestige from the pre-industrial society. The only form of wealth was land and the old people couldn't work in the fields so their children had to work for them. In developed countries today most old people are supported by the government, their former employer, or their own capital they have saved. Of course if none of these work out there is a need for the children to help. <BR/><BR/>I'm Jewish, born in Britain. In Israel it is usual for people to talk about how much money they make and stuff to some degree. It's traditional for the bride's parents to pay for the wedding, but not so common today. My parents argued with their my siter-in-law's parents about who would pay for my brother's wedding. In the end each side paid according to the number of guests they invited. Certainly there is no expectation of children giving parents money unless the parents were poor and needed it. It's much more likely to go the other way. In Israel it is common for parents to put downpayments on apartments for their children etc. Charity is a big thing and charity seekers can be aggressive.mOOmhttps://www.blogger.com/profile/03440274434662150925noreply@blogger.comtag:blogger.com,1999:blog-37697766.post-89005358990343218392007-05-17T16:01:00.000-07:002007-05-17T16:01:00.000-07:00I'm not so sure about everything you say about Asi...I'm not so sure about everything you say about Asian culture with money. My family is Asian and as my parents expect both my brother and I to help care for them as the get older. When it comes down to who would take care of my parents it'll probably be me, their daughter to make sure things are fine. <BR/>My parents provided money to both my brother's wedding and my wedding. Whatever the difference in the wedding was up to me to come up with the money. My husband's side (Hispanic) provided some financial assistance as well.<BR/>When growing up money wasn't really discussed other than that be practical and save half of what you earned. My parents and grandparents provided some help with both undergrad and grad school for both my brother and I. Although, my parents made my brother get a job to also support himself. My parents took a different approach with me and encouraged me to only study and not work.<BR/>So, these days I believe the Asian culture depending whether Americanized or born elsewhere could play a part on money views.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-37697766.post-67960057600830940212007-05-16T20:48:00.000-07:002007-05-16T20:48:00.000-07:00"Its quite common for women not to inherit from th..."Its quite common for women not to inherit from their own families"<BR/><BR/>This is in general true in my country too, except for people from one state who have a matriarchal society and the inheritence is through the women in the family! (There I go again... I really should learn to hush up! :)ispfhttps://www.blogger.com/profile/00928097981905476759noreply@blogger.comtag:blogger.com,1999:blog-37697766.post-76216750890803097482007-05-16T04:21:00.000-07:002007-05-16T04:21:00.000-07:00I clearly don't get out enough as I've got no idea...I clearly don't get out enough as I've got no idea what your cultural background is.<BR/><BR/>In my dad's Irish family, there will usually be a fight over who is allowed to pay the bill in the restaurant - the older generation always win.<BR/><BR/>Its quite common for women not to inherit from their own families as its expected that their husband and family will provide for them. In return women will commonly side with their in-laws rather than their own family over land issues.<BR/><BR/>In my own English culture, money is almost never discussed. Even in business meetings people don't like to talk about fees for work.<BR/><BR/>And of course in England money and class are not synonymous. You don't need to have wealth to be upper class. If you are working or middle class and you come into money unless you completely remodel your tastes and vocabulary you will never become upper class.plonkeehttps://www.blogger.com/profile/12155752230089248178noreply@blogger.com