yo rich people, what do you do about family??
 

yo this question is for the rich webmasters/sponsors here. What do you do about your family? do you like set em up with stuff? give them free cash?? what??

Im saying cuz lets assume im pulling $50k/month and my sister is there working 5hrs/day to make like $100/week, what happens, is it just fair to give her money???

or what?

Assuming your family doesnt know jack about computers so cant help with hosting/design/etc..

Where do we find these ppl?

Give a man a fish feed him for a day. Teach a man to fish.....feed him for a life time.

lol it aint easing teaching everyone how to make $

Tell them poor people suck and then punch them in the Jugular. :thumbsup

My point is, don't just hand people money.

well then set up business for them??

I would just tell them that I don't do business with family and if they can't respect that fuck them...

He simply wants to help them somehow, nothing wrong with it.

I prefer to help people achieve their goals. For example, my younger brother is interested in a career in photo journalism, so for his birthday I bought him $2000 worth of camera equipment and paid for 1 year at a photography school.

If their goal is running a business and they're passionate about it and they've created a business plan and everything is ready to go except that they need some start-up funds, then I would consider being an investor (note: not giving them money).

My point is, don't just hand people money, but consider giving them financial support to help them achieve their goals.

This is definitely something to give a lot of thought. I avoid doing business with friends or family, unless I'm comfortable with losing all of my investment.

i send Mom a grip of cash every week so she doesn't have to stress about money since being divorced from my Dad who didn't leave her with much.

good post brisk.. What if they r just broke?

I feel bad making like X10 of what my sisters make in a month in one day..

It's a tough call, every situation is different. When someone is broke, you can often solve a lot of their money problems by just giving them money to keep their head above water, but unless you solve the underlying financial problems (ie: lack of income), they're going to keep falling behind and you'll just be back to where you started (plus they'll feel like they owe you for your previous support).

Send them to college:2 cents:

yea true.. its not ez to set up all ur family with a source of income though..

listen to brisk

Well, if it were easy, you probably wouldn't have started this thread. :winkwink:

As far as setting up people with a source of income, it really helps if the person has some kind of initiative to do something already, but is just lacking the funds to do it. On the other hand, if the person is just a complete couch potato with no initiative or goals, then setting them up with a source of income or helping them achieve their goals is nearly impossible.

Basically, all you can do is add money to the equation, they have to take it the rest of the way.

Yo ppl me a rich coke deala/pimp ya kno watcha do bout family?

Me means ma sista is a hooka should me pimp her and make her some more bling?

Im not rich but I am comfortable. I basicaly do what Brisk mentioned. Luckily my family consists of hard workers so I don't have to bail them out much but if anyone needs a nudge in the right direction I give it to them whether it be raw cash or some other form of help.

I know one thing for sure. No one in my family will EVER go without. Its important to take care of your blood. If things ever came crashing down for me I know they would help me.

Siblings can fend for themselves.

My parents did well for themselves, but I show my appreciation for giving birth to me with gifts. In 2000 I bought them both a car of their choice and then again this year did the same thing.

There are a lot of freeloaders out there and their numbers multiply when they know you have cash.

-dd

i feel ya but family r true best friends..

I know no matter what they gonna have my back...

bump

BUMP!!!!!

:warning

I would definitly support my parents, after all they raised me

My mother, sister and brother are all millionaires.

So fuck'em all.

:1orglaugh :1orglaugh :1orglaugh

wanna adopt me? :winkwink:

I pay and own their life insurance policies, soooo everything will eventually pan out.
:winkwink:

:)

once you start supporting family members, they become a cancer to your financial situation....

better off just giving them reallllly nice birthday presents. =)

make her earn her money just like you did.......

tru

I don't hand out prizes, i teach knowledge to people who want to learn. Ive tought my younger and older brother the mortgage and casino industry and are doing very well on thier own with me just giving them the resources and them doing all the reading and testing.

u thought em how to spam?

not at all, most lenders will cut you off and shit on your face if you come to them with spammed mortgage leads. Besides, theres not much money in just selling the leads the way mailers do. The money is in working with the applicants and the lenders.

tell the family to save any money you give them, because you won't be rich very long.

What they have saved will help you in your future humble moments

ya i wanna hook em up with maybe a website/biz they can run on their own... any ideas?

Great advice.

yup