Not legally speaking - I realize there is a limit.
My sister and I are quite close, about 1.5 years apart. She has been working to find her way career-wise for a few years - struggling with an eating disorder that forced her to drop out of college, moved back in with my parents for most of a year, been/is on SSRIs to help with other anxiety and depression. In the last year, she finally has found a passion as an EMT and been working for about a year, got her own place and now is financially independent. She makes around 35k/yr and can afford the basics, but not much left over to save or use for “emergencies” as she chooses to go drink with friends/do fun things (but not to excess).
On the other hand, I studied computer science and got a job with a big tech company making around 140k+/yr. I’m living in a vacant family cabin and not paying rent while I can work remotely (will end up being over a year of banked rent).
Basically, I have a ton of cash/investments and have paid off all my debts - I want to “share the love” with her.
My main questions: Can/should I give her money unwarranted? (She doesn’t ever ask me to pay for anything.) I don’t want her to be dependent on it, nor totally blow the money/not be at least a little strategic with it (save some/spend it on “needs” like repairing her car AC that she always complains about)- but at the same time, I don’t want to attach strings or create a weird dynamic. Anyone have any experience or advice? Thanks for reading!
TLDR: I want to give my lower-income sister money, what should I consider before doing so?
Submitted January 01, 2021 at 09:00PM by anonathon420 https://ift.tt/3aXE98B
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