No Matter How Old You Are, I will Always Be Your Mother
Of the many things in life, the one thing parents excel at is worrying, and this is a fact that most children know all too well. According to the 2017 Prudential Relationship Index (PRI) 1, a whopping 96% of parents worry about their children’s future, with 67% worrying weekly and 37% worrying daily.
50% of parents say that paying for their children’s education is their top priority when it comes to financial planning with 57% teaching their children from a young age about financial concepts and how to manage money properly.
The 2017 PRI has shown that 47% of children’s needs are provided for by their parents still, and this could be one of the reasons that parents still worry so much. The Malaysian PRI score for relationship with parents are 47/100, which is a point lower than the Asian average at 48/100.
The most important attribute according to the 2017 and 2016 PRI by children is wanting their parents to stand up for them. 76% of children, which is also a repeated statistic, shows that at the end of the day, children will still be children, and all they really want is support from their parents.
The second and third most important attribute by children are for their parents to respect their individuality, and are easy to get along with, both at 63%.
Relationships between parents and children are also fast changing, with 45% of parents and children keeping in contact through texts and e-mails frequently, an increase of 15% from 2016.
The relationship dynamics are also quickly changing focusing on intimacy, where 45% agree that the willingness to share secrets make their relationship better, an increase of 10% from the previous year.
Out of all the interactions that are important between parents and their children, the most common are: -
- 56% say they spend at least an hour talking together
- 42% say they tell them that you love them
- 40% say they have family activities together
- 37% say they are treated like a child
- 27% say they talk about financial planning
The one thing you cannot escape from being with the ones you love are arguments, where 19% of Malaysians admit to arguing at least once a week.
For all adult children, and as a timely reminder, is that if you do not want to be treated like a child, then don’t act like one.
This is why it is important to have open communication with your parents to share and understand their needs and worry. They only want the best for you, so spend quality time with them before it’s too late.
1 The 2017 Prudential Relationship Index (PRI) involved interviews with 4,600 respondents in Asia, in Cambodia, China, Hong Kong, Indonesia, the Philippines, Singapore, Thailand, Vietnam and Malaysia, who shared insights into their relationships with partners, parents, children, friends and relatives. In Malaysia, 516 respondents between 25 and 55 years of age living in Kuala Lumpur or Petaling Jaya with a monthly household income of at least RM4,000, representing approximately the top two-thirds of household incomes in the survey cities.