You should avoid telling the people you know about this, since everyone will hound you for a handout if they find out. At the minimum under value the thing,
2 mil = you can afford to buy the person a car and you are an asshole for not doing it.
500K = you can tell them no, since you "need" the money to buy a house.
Wow. It seems somehow both sad and funny that people are now making a living as professional "wealth therapists". I guess it's just another example of how decadent and wasteful our society has become.
2 mil = you can afford to buy the person a car and you are an asshole for not doing it.
500K = you can tell them no, since you "need" the money to buy a house.