I read with interest various blog posts regarding whether one should give allowance to their parents or applying for bursary when one don’t really need it.

I guess it struck a bell within me to make me write this post today.
In July this year, i wrote a $5,000 cheque to my Alma Mater. I committed to the school that i will donate the same amount for 10 years as long as i am working. It is my way of saying thanking to the school who made me what i am today (be it good or bad), for helping me meet my wife there and my way of giving back to society. I definitely hope the money I donated will be put to good use for students who truly need it.
As mentioned in this post, me and my wife not only don’t borrow from our parents, we have …