[h=2]60 yr old Ah Mah: Govt is talking rubbish if they think Gen Ys can start families with present incomes[/h]
September 8th, 2012 |
Author: Contributions
This lady speaks the truth. $6K a month to support 2 sets of grandparents, plus two kids — it is a hard struggle.
I believe her when she says they have hardly any savings.
I am 60 year old grandmother and I have raised a family of three when things were a lot cheaper. We lived modestly. We did not have to support our parents, but contributed.
It was still tough.
Now I would say it is impossible. You will fall sick with the stress and struggle.
Now, young married couples need 2 incomes to get by. Incomes are very low, given the cost of homes, and the general cost of living.
If they have a child, can they afford full-time childcare? On a combined income of $5k pm, no. Mum has to stop work. Can they cope on $2.5k? No.
In any case is it advisable for them to leave the care of their baby to third parties? No.
The govt is talking rubbish if they think our the (average) GEN Y’s can start a family on their present incomes. Many of my son’s friends do want to get married and start a family. They are people I am proud of… smart, responsible, hardworking, gave 3 years to NS… etc.
But the govt chooses to put huge resources behind foreigners who are merely opportunists and birds of passage!
.
60 year old Ah MM
* Comment first appeared in: Family with household income exceeding $6000 but still struggling
.
This lady speaks the truth. $6K a month to support 2 sets of grandparents, plus two kids — it is a hard struggle.
I believe her when she says they have hardly any savings.
I am 60 year old grandmother and I have raised a family of three when things were a lot cheaper. We lived modestly. We did not have to support our parents, but contributed.
It was still tough.
Now I would say it is impossible. You will fall sick with the stress and struggle.
Now, young married couples need 2 incomes to get by. Incomes are very low, given the cost of homes, and the general cost of living.
If they have a child, can they afford full-time childcare? On a combined income of $5k pm, no. Mum has to stop work. Can they cope on $2.5k? No.
In any case is it advisable for them to leave the care of their baby to third parties? No.
The govt is talking rubbish if they think our the (average) GEN Y’s can start a family on their present incomes. Many of my son’s friends do want to get married and start a family. They are people I am proud of… smart, responsible, hardworking, gave 3 years to NS… etc.
But the govt chooses to put huge resources behind foreigners who are merely opportunists and birds of passage!
.
60 year old Ah MM
* Comment first appeared in: Family with household income exceeding $6000 but still struggling
.