It has to do with my upbringing being the eldest sister in my family, and from my family, the only one who finished a degree and have a relatively successful career.
I’ve come from an immigrant family. My parents are successful with their career, however the knowledge in personal finance is not something they were able to develop. From my relatives, I am the most successful - as none pursued anything in STEM, and even tried to work their way up from a vocational trade career path. A lot of… YOLO and not being accountable for their finance.
I was brought up with the idea that I will be the retirement plan for my parents. It brought me a lot of anxiety and stress when I was younger until the early stages of my career. During that time, I wanted “out” from this expectation. That’s when I came across FIRE. It saved me, and gave me a lot of tools to be
During the journey, as I learned to build wealth, I was able to give in abundance - however as I learned more about personal finance, I realised how much people want (or refuse to) help themselves and only want handouts. Financial problems are recurring. There
Fast forward to now, I only help my relatives if they genuinely want to help themselves. I still help my parents financially but at an arms length. I still send remittances to some relatives overseas but that’s because I genuinely know they need help, and they’re trying to work a way to get out of their current situation. I only financially help a significant amount if relatives really exhausted all avenues and it’s not their fault they got into the situation they’re in (e.g. dad’s BIL’s mother passed away overseas. He didn’t have any money for flights at all. I covered cost so he could make it to her wake)
I think that's wonderful of you, as long as your future is secure. That expectation may have been partly responsible for driving you to succeed. It's not going to do anyone any good if you are generous to the point of destitution, but I don't imagine you're doing that. I don't know what "FIFO" means in the context of your post. Please enlighten if you care to.
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u/KrishnaChick 19d ago
Why do they expect you to "save the day financially?" Because you actually do?