Personal Consumer Issues • Organically giving money to nice people - Implications

I had a relative that did things like this, and it actually caused quite a bit of drama in her life. For example, she would hand out money to her caregivers, almost like big tips, and it became a feeding frenzy to the point where in my opinion, the caregivers were breaking the law and stealing. Asking for large loans to someone in a dementia state, etc. I believe several got caught stealing, but when someone is just handing out money, it becomes a very gray area. She would also hand out large amounts of money to her friends, then other friends would get wind of it, and get ticked off. Family was upset with her, etc.

It's like that old saying "The road to Hell is paved with good intentions". I just think it's going to change relationships with people and potentially have unintended blowback. It also seems to become an entitlement. If you say give a huge tip to someone you do business, they will then expect that every single time, etc. What did they do wrong that they no longer got the huge tip? etc. It also is going to attract other people when word gets around (and it will) about the nice person handing out thousands of dollars to "nice people".

I'd find a quality organization(s) to be generous with that gives you an arm's lengths distance and also allows you to write it off your taxes.

Statistics: Posted by illumination — Tue Apr 23, 2024 5:59 pm — Replies 56 — Views 5839

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