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About "family cash flow management": In my country it is quite common that parents first pay for a wedding and then help as much as they can with buying/buildi
by mamon 10y ago
About "family cash flow management":
In my country it is quite common that parents first pay for a wedding and then help as much as they can with buying/building a house for newly married couple. It is considered parent's duty to help their children kick-start their own family.
And because that usually means that parents won't save enough money for their own retirement then the children are supposed to take care of them when they do retire. Most of the time that helps maintain strong family bonds, but sometimes it does exactly the opposite.