Is there a way to gift money to friends without changing the relationship?
I've been fortunate to have some wonderful friends in my life for decades. Unfortunately some of them have what many here would consider horrible financial sense, and still live paycheck to paycheck. When the inevitable big ticket cost occurs, the car needing major work, health problems, etc. they have no spare funds. I suspect they are not aware how much I've saved for FIRE.
Like many people I gift cash to charities and family, and I would like to for close friends as well, but I do not see a reasonable way to do it. For example, offering a gift might be taken as an insult, or might be deemed that I'm showing off. The potential to change the relationship seems too high, and I value the friendship too much to risk it. Still I'd like to help these people when they are in financial crisis. Is there a "safe" way to do it?
I've been fortunate to have some wonderful friends in my life for decades. Unfortunately some of them have what many here would consider horrible financial sense, and still live paycheck to paycheck. When the inevitable big ticket cost occurs, the car needing major work, health problems, etc. they have no spare funds. I suspect they are not aware how much I've saved for FIRE.
Like many people I gift cash to charities and family, and I would like to for close friends as well, but I do not see a reasonable way to do it. For example, offering a gift might be taken as an insult, or might be deemed that I'm showing off. The potential to change the relationship seems too high, and I value the friendship too much to risk it. Still I'd like to help these people when they are in financial crisis. Is there a "safe" way to do it?