Posts tagged " investment "

Is my aunt using me?

June 6th, 2018 Posted by Ask the Rabbi 33 comments

I have a very wealthy aunt who is in the top 1% of the top 1%. I see her every couple of weeks, when she invites me down to accompany her out to dinner or perform work around the house for her. Long story short, I’m an entrepreneur launching a very exciting and possibly *extremely* profitable business online.

In this process my biggest problem is more cash for expansion. I honestly work very, very hard and am dedicated 110%, but so much advancement could be made overnight had I been blessed with the cash to do so.

Anyway, one day I was driving my aunt to the airport (I am basically her personal assistant when she summons me to be), and she told me how nice money is to have because you therefore never have to worry about it. Without thinking, she blurted out that she donates about $150,000 a year to various and always changing organizations. Upon saying this, I saw her face immediately switch to a bright red “WHOOPS” expression.

Now I know I have absolutely zero claim to her money at all, but am I wrong to feel somewhat unloved by her now that I realize she’s pumping mind-blowing amounts of money into a multitude of other directions and rejecting mine – all the while acting like my best friend, biggest ally, and cheerleader?

Also let me just mention that when I do work around her house she will throw me $20 – $40 bucks or so, but when I subtract the gasoline I spend traveling 40 minutes each way to her house, is not as great as it first appears.

I don’t want to seem selfish or entitled – I’ve been maintaining being a good nephew and just smiling and helping her in every way she asks – but at the same time I can’t help but realize that a very minuscule percent of the money/lifeblood she is constantly spreading elsewhere, to complete strangers, would vastly advance my business, and ultimately the quality of my entire life in exponential proportions.

Deep down I feel like she might simply be using me to be her little helper when needed, and doesn’t actually want to see me succeed because then she’d lose me as such – and that’s why she doesn’t actually help financially. This is the only reason I can find for her decision not to donate to my business because she gives so much away to others. Could she be putting up a front that she is “rooting for me” and “wants to see me succeed” but really just wants to keep me where I am and benefit from my younger ignorance and desire to be a good nephew? Am I playing the fool right into her hands and advantage? Could I be experiencing a form of “all talk and no walk” by her? I really hope you answer this Rabbi and Susan as this has been a mind ripping situation for me. I sure could use your wisdom!

Drew

Dear Drew,

We found your question quite intriguing, partially because you show great maturity by recognizing that you are not entitled to your aunt’s wealth but that, since she is an older member of the family, you actually have a responsibility towards her.

At the same time, you are struggling to build a business and see how effortlessly she could solve what you see as your greatest problem. That makes you suspect that she actually doesn’t want you to succeed and leaves you with hurt feelings. You now see her as “throwing” money at you when you help her, but we’re willing to bet that she politely hands it to you and the word throw reflects your incipient resentment rather than her actions. 

We, of course, do not know your aunt nor do we know you.  However, we did pick up certain clues in your letter (which we needed to shorten but we retained both the meaning and the flavor). It seems to us that you have not yet developed a full understanding of business. This is imperative in order for you to succeed.

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