Financial independence and your relationships

  1. are you male or female?

  2. at what age were you financially independent?

  3. when you first became financially independent (or perhaps even started making more than your parents and, therefore, helping them out), how did your relationship with them and their authority over you change? did you become more independent even in other aspects of life (such as who you marry, when you come and go if you still stay at home or when you visit home?) was it a conscious change or did it just happen?

Re: Financial independence and your relationships

1) female

2) 24 years

3) I am still making less than my parents. They still treat me the same way the authority over me hasn't at all changed. No I am not more independent when it comes to my own self they still take more than half of my decisions however having a daughter of my own I don't have to ask them for anything I just do what I feel is good as a parent. Example I recently got my daughter an expensive toy my father was little bit against it but I did not let that influence my decision I wanted to make my daughter happy and I did not ask for help & spend my hard earned money for it and that should be acceptable to everyone.

Re: Financial independence and your relationships

1) I am female

2) I started working part-time and 16 and never asked my parents for money again.

3) I am not quite fully financially free yet..I just started working full-time and make more than what each of my parents make individually but I still have considerable student loans to pay off, so most of my money is going there at the moment. Also, I have told my mother that I will pay for my own wedding, which she is cool with. My independence did not come only with making more money - it was getting older and being more responsible that did that. I don't believe the fact that I make more than either my mother or father makes any difference in our relationship. I am still their child and so long as I live at home, it's under their rules. However, I hope the fact that I am paying for my own wedding will allow me to make my own choices for it. We'll see.

Re: Financial independence and your relationships

  1. Male
  2. Currently 29.
  3. Financially independent at 20. But gave all the money to my mom - every month she got my salary. I didn't need it I was in college and frankly my dad still paid for my expenses. Completely financially independent was when i was 23 and living on my own. How did it change? Not much. Parents have always have always given me the freedom to do what I want when i want. Additionally I have chosen to let them take the lead. I am not replacing my father as the head of the household. Never will. I listen to them at all times when it is necessary. If i do not agree we reach some form of compromise and/or they agree with me. But they are never excluded or told they have no authority.

Re: Financial independence and your relationships

1) Female

2) Worked part-time since I was 16. At 22, got a full-time job, moved to a different city, and became 100% financially/physically independant.

3) Since I moved to a different city....my parents had/have 0 authority over me. I didn't need their permission or approval to do what I wanted to do(nor did I ask for it). I let them know what's going on when it comes to major decisions in my life....but its more about "informing" them rather than "asking". I choose my fiance. I chose my home/car...everything...lol. Moving out of my parents house is the best thing I ever did for our (Parents & I) relationship.

When I lived at home....of course there were tense moments/arguments b/c many times parents didn't approve of what I did (whether it's outfits, me staying out late etc). Since I moved out....I can't remember the last time we had an argument over something. My parents don't know what goes on in my day-to-day life so little arguments don't happen anymore. And when I do visit them....they're to happy to see me in person that they make sure not to do/say anything to upset me. When my parents and I talk these days....it's more of a adult-adult conversation versus adult-child.

Re: Financial independence and your relationships

1) Male

2) At 22 I started earning enough to support myself fully

3) Till I moved to US (Around the age of 24), all of my salary was going to mom (does that make me mama's boy?). I really did not need much money as I was full time student at university while earning around 8k-10k Rs (back in 1995). My dad still paid my education expenses just like he used to do before I started earning. I liked it that way as CM has put it 'I am not replacing my father as the head of the household. Never will'. When I was in Pakistan, I did not open my separate bank account until I had to i.e when started receiving paychecks in my name. Once I moved to US, it was of course different story because I had to establish another household here so instea d of sending all the money to Pakistan, I started sending some monthly money to my father and mom, I am doing this to-date aur Allah himmat day, I'll keep on doing it till I can. Both of my parents Mashallah retired from good posts and have enough pension/saving for good living and are not in dire need of my token money of 400$/500$ per month but I just want them to live their life free of all worries including money worries. After becoming financially independent, I have made sure they are always in the loop on important matters and dont feel left out just because I am earning more money than them.

Re: Financial independence and your relationships

You didn’t mention your current age. :faizy:

Re: Financial independence and your relationships

she did not ask for age :faizy:

Re: Financial independence and your relationships

I see. :vivo:

Re: Financial independence and your relationships

no you dont else you would have never asked for it :smiley: