For many Singaporeans brought up with Confucius’s value of filial piety, giving a monthly allowance to our parents once we start working in a full-time job seems like a rite of passage. After all, our parents were the ones who tirelessly brought us up — we ought to give back!
However, if your parents are the stubborn type who refuses to accept any monetary gifts, fear not, we have a Plan B, up to a Plan I even.
From signing them up for a supplementary card to being a co-borrower for their mortgage, here are eight ways to help your parents out financially without directly giving them money. We’ve also grouped them according to age groups to suit the needs of different parents better!