What can the rationale possibly be?

blueiguana
Sat, 24 Jul 2010 11:11:16 +0000

It is a wonderful habit to be in early in life, to set aside a % of earnings for savings, charity, etc. This gives you a much more realistic view of a budget when you are on your own…80% of your take home can not go to rent!!
Ask your parent what they feel is a reasonable breakdown. Go from there. As you are working you are unable to help give back to your community in volunteer hours. This is how you choose to help. They may feel that 10% should go towards your education or living expences that they are paying. Sit down and talk.