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Original poster

If you were really really rich (or maybe you actually are)...

42 replies

lookatgiraffenow · 14/03/2021 18:24

...would you give some of your money to family?

For example, would you buy your sibling a beautiful house? Would they appreciate it?
Wonder if the rich and famous do?

OP posts:
LubaLuca · 14/03/2021 18:28

Not my siblings, but I'd help my sister-in-law out. She's a wonderful person, and I'd love to really make a difference to her while she's young enough to experience whatever she fancied.

milinhas · 14/03/2021 18:30

If I won the lottery I would give some to my siblings and my husbands siblings, yeah. I’d it was enough then maybe a house!

Zancah · 14/03/2021 18:31

Well, I'm not really rich but I think bankrolling anyone will always end in tears. They will always want more.
If I win the lottery, I'm keeping schtum. I'll help people out but no way am I broadcasting my win. Help will come in small gestures.

LoisWilkersonslastnerve · 14/03/2021 18:32

One of my siblings is wealthy, I would be really embarrassed if they tried to give me money. They always spend much more on my family at Christmas etc than we spend on them though and we have a sort of understanding that that's how they treat us which is nice.

OnlyFoolsnMothers · 14/03/2021 18:34

Yes if I won in the millions I’d either buy my sister a house or pay to renovate her existing- pay towards private education for my niece and nephew if a lot of money. Again if loads of money give a lump sum to my elderly aunt.
But I have a small family- maybe more complicated if large numbers of you.

Spied · 14/03/2021 18:37

I'd give to my family.
An amount each rather than, say, a house or car.

cathybates · 14/03/2021 18:38

I’d definitely want to help my brother out but he has a bit of a grabby wife, so not sure. If they had kids I’d help out by putting money away for them, but they don’t.

I don’t think I’d help my husbands siblings - we used to give their kids money for their birthdays/Christmas (as well as a small gift), then we found out his sister had basically been raiding their bank accounts to pay for things like decorating - so we vowed not to give cash again

DiscoLightsOnAFridayNight · 14/03/2021 18:38

I did & it’s come back to bite me on the arse; it’s looking like I’m going to have to shell out again or risk a family fall out. My advice to anyone in this position is not to do it!

FuckyouBrennan · 14/03/2021 18:39

We paid off my sisters mortgage a couple of years ago. They were extremely grateful and have never expected or asked for anything since.
We aren’t really, really rich. Just came into a good sum of money and we own our house outright and she had left an abusive ex so we wanted to make her more comfortable.

FoxtrotOscarPoppet · 14/03/2021 18:44

I would for my brother. DH would probably pay off his sister’s mortgage. Apart from that I wouldn’t let on how much money I’d won / inherited as it just leads to grief, fall outs and people wanting more and more.

Turnedouttoes · 14/03/2021 18:46

I’m not sure I’d give cash. My siblings are all a fair bit younger and have had pretty easy lives compared to me which has led to them being quite entitled and work shy. I don’t think being given money would be a good thing for them.

Instead I’d probably treat them if we all went on holiday together or pay for family days out etc

Overthinkingalways · 14/03/2021 18:52

I’d love to pay my parents mortgage off and ensure they were really comfortable. And I’d give my sister a deposit to for a house.

Wouldn’t give anything to siblings as we aren’t close to SIL and BIL and they wouldn’t appreciate it/would expect it. They don’t even thank us for gifts sent to their children never mind a house!

LaurieFairyCake · 14/03/2021 18:52

If I 'just' won a couple of million I'd just take them all on holiday

But the Euromillions I'd just give everyone (I've counted how many family/friends I have - it's 32) a million each

I think you can deduce that I'm very selfish then Grin as I'd prioritise my own needs with the first 2 million and then basically give everything away after that

LifesLittleDeciders · 14/03/2021 18:52

If I was a millionaire, I would buy a decent sized home for my mum, my brother and my sister. I would make sure they are set and never need to worry.
I’d put a good amount into savings for DD.

But that’s about it; I wouldn’t give any to extended family.

In fact I probably wouldn’t ‘give’ money to anyone; I’d spend the money where it’s needed (house, car ect) but I wouldn’t be giving thousands in cash, I think it because a slippery slope then and it’s almost expected.

TheChosenTwo · 14/03/2021 18:53

Dh and I talked about this before and decided we’d pay for annual big family holidays for both sides - we both have massive families, of varying degrees of wealth so it felt wrong either way we tried to figure out how we would split the cash. Some might not want it at all anyway.
We have big family holidays with each side of our families anyway so this seemed like a good way of spending money on them all without causing any discomfort! Flights/cars/accommodation all covered.
Just need to actually play the lottery Grin

BigGreen · 14/03/2021 19:16

Yes of course, if I won the lottery I'd share it around the whole family!

Alienchannell21 · 14/03/2021 19:25

I often treat family members to holidays, nights out, meals or give cash if they need something.

Chewbecca · 14/03/2021 19:28

I would if I won the lottery, yes.

UnsolicitedDickPic · 14/03/2021 19:37

My mate and I were discussing this recently when the Euro pot was enormous. He said he wanted to gift family members money but didn't want them constantly knocking on his door for top-ups if they were shit with cash. We eventually decided he should set up a trust fund and everyone would get £10k a month for life, and then they could do what they wanted with it.

Planning how he was going to spend his winnings made for a very pleasant lockdown walk!

BurgundyBells · 14/03/2021 19:42

Yes we would.

We talked about a hypothetical £10m win the other day. We have 8 close family and friends would be given £500k each. Then a few £100k gifts to some friends and £1m to charity.

So we'd probably give £6m away and keep £4m which would be more than enough to set up us and the dc for life.

imanenglishwomaninNY · 14/03/2021 19:43

My FiL bought his brother a house and 'pays' him £60,000 a year (despite buying him out of the family business).

I'm not sure I would do the same

HairyToity · 14/03/2021 19:46

If I was rolling with it, and filthy rich, I would help my brother. Yes.

No doubt DH would want to help his sisters, so not sure where we would draw the line.

cleanasawhistle · 14/03/2021 19:48

No not my sisters.
My kids ,two neices and maybe three friends would be given money.
Then make sure enough left for me and OH to retire with a decent life

DaisyDreaming · 14/03/2021 19:52

I would love to secret pay off peoples mortgages, not even just of family or people I’m close to but those you know who are kind hard working people but who could use some help

DasPepe · 14/03/2021 19:53

I often daydream about this. I’ve decided that if I ever won any seizeable amount I wouldn’t be able to enjoy it unless I shared it. So I would keep half and divide the rest for my mum, siblings and brother in law.