
'STATE OF PLAY' (free) live airing today @ 5PM PDT - Page 3
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boxerfred
Germany8360 Posts
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bsdaemon
618 Posts
On August 29 2014 00:36 Dingodile wrote: I've heard that too in China, kids just give money to their parents. I think this is common to most parts in Asia. In our family it is customary we hand over any thing that we make until we finished college. And when we started working, we gave our very first check to our parents. The reason behind this custom is that you trust parents to make the best decision how to use the money (college fund, put to bank, invest, whatever). And when parents reach old age, they give everything back to their children in the form of inheritance. | ||
Dingodile
4133 Posts
On August 29 2014 01:29 bsdaemon wrote: I think this is common to most parts in Asia. In our family it is customary we hand over any thing that we make until we finished college. And when we started working, we gave our very first check to our parents. The reason behind this custom is that you trust parents to make the best decision how to use the money (college fund, put to bank, invest, whatever). And when parents reach old age, they give everything back to their children in the form of inheritance. Inheritance tax does not exist in SouthKorea and China? In Germany is it very big unless you are widow(er) or kid. | ||
krjay
United States35 Posts
On August 29 2014 01:29 bsdaemon wrote: I think this is common to most parts in Asia. In our family it is customary we hand over any thing that we make until we finished college. And when we started working, we gave our very first check to our parents. The reason behind this custom is that you trust parents to make the best decision how to use the money (college fund, put to bank, invest, whatever). And when parents reach old age, they give everything back to their children in the form of inheritance. That helps make sense of it. The way it was presented in the documentary (in the whopping 3 seconds of footage we are analyzing) it seemed like Jaedong was like "sigh.....yea I just give all the money to my father". | ||
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