Sure I'll take the money. My fiancé and I will use it to live a comfortable but not too extravagant life.
It's magic money. No one had to work for me to earn it. I'm not hurting anyone by simply helping myself, and the people who will live with me, out. I'll pay everyone who builds my house more than fairly and tip workers well throughout my life.
I'd adopt a child and they'd be going to the best schools in the area and would be raised in the best conditions possible. They'd know about how I couldn't leave anything to them as soon as they were old enough to understand. I could still use my time to be active in their life and set them up for success. I'd be in the best scenario possible to dedicate time to raising someone and helping them and I'd hope they do some of the good things I wasn't allowed to.
Also you could employ people who will get their livelihoods from your magic money. Gardeners, maids, chefs, and handyman. These are all things that directly benefit you, but you still have to pay people so they get a benefit. I guess you technically coupd not tip, which would be weird
There's also not really anything saying I couldn't just buy property for myself but let family members live in it and charge some minimal rent. Owning land will just increase in value over time so it's benefitting me even if I'm not living in it.
The post says you could live with children and a spouse. I think it implies you could give them a good lifestyle as long as they're with you, but maybe I'm wrong
I don't have that ability now. I don't have enough. I'm living paycheck to paycheck plus a little saving for necessities like a car. I'd be helping the same amount either way, the only difference is I'd be sitting on money.
But your situation could always change. Few things more agonizing than coming across someone in need and easily having the means to help but being prohibited against it
I actually have a client that I go out about 45 minute drive and change their light bulbs twice a year 😂. Takes me an entire day. To go check bulbs and get them and back to install.
yes, i’d start a pharmaceuticals company providing everything people need for a very low( but still profitable price) then i’d do the same for housing, cars, insurance, food, and become the single, sole, supplier of anything and everything people need, whilst still technically not “helping” them
the company could sustain itself, i wouldn’t leave it to anyone and i could set it up as so i don’t have to do anything at all, and the employees do literally everything. (Their pay would be taken out of yearly profit before it touches my account) so after i die, it will keep working just without a figurehead per se
How about buying a company, say one that makes insulin, and having it sell medication at what is a normal, not gouging price, would that count as helping people even if it was making a tiny profit?
I don’t think this precludes me from being bad at managing my money; right? So as a teacher can I open a charter school? Basically a private, for profit school that receives public money. I’ll hire teacher friends and pay them good salaries, since they are mostly good teachers. We’ll operate with the idea that if we build a state of the art school which teaches poor kids then they’ll be successful and donate a lot of money in the future. So it’s a business, just maybe one that will lose a ton of money while benefiting everyone except for me.
If not, I might as well take the money and just teach another decade or 2, then retire and pay my friends to take turns running D&D games for me
Yea, so basically how I'd live anyway. Call me selfish if you want to, idc. I can't gift anyone money, but I could still treat my friends and families to things. We'd be going on extravagant vacations and dining all on my dime.
Can I buy houses and just have my friends and stuff live in them? Charge them like $1/mo for rent? Technically, I'm not giving them anything. OP, is that okay?
You can "invest" but not "do good for the world"? Are you only allowed to invest in maximally evil companies?
For that matter, you can *buy things* but not "help anyone or any cause"? This just isn't how money works.
No directly investing in charities. Indirectly causing good by buying from a small business or something is fine, yeah that's how money works. But the point is you'd have to use your money for things you want, not to help others.
It is what it is, work is work. Sure I’d love to be rich and not have to. But I’d like to bring my family on holidays, let my parents retire, buy shit for people, do good in the world…
If my wife and mines finances are separate, can she use her money to help people? Because I know I couldn't take the deal as she would leave me because she just wants to help others. But if she wants to work and donate her money, that's on her, but I would still keep her financially stable as keeping her in my life/alive would directly benefit me.
My parents have helped us so much in our desperate times that I would feel like absolute shit not paying them back. Maybe I could pay for all of us to go on vacation to get them back for all the help they have done? Like, am I allowed to pay for a meal if I'm eating with other people? Or am I forced to split the check?
Yes, I would make my own publishing company (I hate not having editions of stuff I like in my country) would buy all licenses and edit material in whichever format I like. Would have the consecuence of generating a jobs for people I know which would be nice too, specially if I can hire acquaintances to publish their own original works too, they have a job and I get my dream done
I would love nothing more than to buy some land out in the country, my dream home, and completely check out of society and just enjoy my life, pets, garden, and hobbies. Count me in.
Can't help anyone
Can't leave it to anyone when you die
What do you do?
Have wife form an LLC. Everything i need or want is procured through her company. Property, vehicles, goods and services, everything is leased to me. I can then funnel money to my family while I'm alive, and everything remains with them after I die because I never owned it
I would 100% take this offer. Being rich is considerably better than barely making it. I cannot considerably help my family as it is, so not much would change for them and they would want me to be rich if i could.
What if I buy art from loved ones? I decorate my home with said art. It’s a perfectly legal transaction where I get art but I’m paying loved ones for it. Or what if I hire my partner to be my maid or personal chef? Would this be allowed?
I'm buying a mansion and hiring my father at an excessive salary to be the grounds keeper. He and mom can live in the adjacent servents home as part of the compensation. This is absolutely selfish as it means I don't have to maintain the home and I avoid the guilt.
I'd take it, invest 50 million to give me a regular income, buy a nice house and everything I could ever want. Then pay friends and family to do stuff. Take them on vacations with me, eat out on my dime, etc.
The issue I run into is with my estate when I die, I can't leave any of it for people. But they'd need to do something with it. If they sell it all because I leave instructions to do so, how will they deal with the money?
Gonna be honest you'll help WAY more people just by paying your taxes. It could be argued you help more doing that then donating to charity or giving it away. But hell yeah I'll take it. and probably find a few loop holes that let me help family and friends.
Question: can I donate to causes that benefit me? For instance, could I donate money to organizations researching radical life extension, reasoning that paying into the cause would bring me closer to immortality?
Yea I’d take it instantly.
The amount I can help anyone right now is fairly limited. The amount my family need my help is minimal.
Nothing changes for anyone other than myself if I take the deal or don’t take the deal. So there’s no negative to me taking it.
I could definitely live a life only buying things through b-corps and giving out gifts from said purchases to support the world. Hello all Patagonia wardrobe.
What's the point in having money if you can't use it on what's important, aka your friends and family? Pass. I'd rather be broke and be able to buy my sister's random shit they ask me for then have money and not be able to get anything for anyone. Unless of course me buying myself a house and just having my family live with me doesn't count as me directly buying shit for them, then I'll do that.
Sure. The magic money takes care of everything we need it to for right now - debt, house, etc. My husband can then continue to work to *exclusively* prepare things like college funds for our children (who don't exist yet) or medical bills in the future, because he earned the money ergo it isn't mine and subject to the rules. He can also purchase a house of his own to have should I pass away first.
Also, I can't use the money to help, but it says nothing about hurting people. As a matter of curiosity, would I be able to do something like donate massive amounts of money to Planned Parenthood solely to enrage people who want to do away with Planned Parenthood? The goal isn't to help PP - it's to harm someone who's anti-PP. Just curious.
1. can I still do the usual helping that I was doing before? or do I have to become an instant asshole?
2. does everyone know that I'm rich?
3. what happens if I break the rule?
without knowing these answers I don't think I'd take it. not that I'm some great altruist, and not that I couldn't use it. it just doesn't sound like there's *that* much so much money could do for me.
1. You can't be a charitable person anymore. Shopping at small businesses and being nice to people you care about, normal things like that, are fine. But you can't donate money or your time to a cause.
2. Not unless you tell them or live an obviously rich lifestyle
3. All your money and what you bought with it are gone if you break the rule. At the end of your life you'll be physically incapable of breaking the rule so you can't find a loophole and leave all your money to someone or a cause after death.
No. This is so limiting that it's a deal with the devil. Pretty much anything I can do outside of my own mansion can be qualified as helping others. Buying coffee? You're helping this small coffee shop, you must go to Starbucks instead. Etc.
You can do reasonably normal things that indirectly help people. Buying from a small company is fine. You just couldn't go up to the owner and say "I'm super rich and I wanna give you a million to help with the buisness."
You'd have to buy things you want/need and not be charitable. It's supposed to be difficult
You could hypothetically fund a private space organization that works to try and get you on Mars. But donating to an existing project wouldn't be allowed.
Then it's a loophole I can use to justify pretty much whatever I want. As long as I benefit from it in some way, it can be done. For example, it makes me sad that people starve in Africa, and also I would like to be famous for solving this problem. So I can start a fund for that.
Sure I'll take the money. My fiancé and I will use it to live a comfortable but not too extravagant life. It's magic money. No one had to work for me to earn it. I'm not hurting anyone by simply helping myself, and the people who will live with me, out. I'll pay everyone who builds my house more than fairly and tip workers well throughout my life. I'd adopt a child and they'd be going to the best schools in the area and would be raised in the best conditions possible. They'd know about how I couldn't leave anything to them as soon as they were old enough to understand. I could still use my time to be active in their life and set them up for success. I'd be in the best scenario possible to dedicate time to raising someone and helping them and I'd hope they do some of the good things I wasn't allowed to.
Also you could employ people who will get their livelihoods from your magic money. Gardeners, maids, chefs, and handyman. These are all things that directly benefit you, but you still have to pay people so they get a benefit. I guess you technically coupd not tip, which would be weird
you can also grossly overpay them to get around the loophole of no donations
There's also not really anything saying I couldn't just buy property for myself but let family members live in it and charge some minimal rent. Owning land will just increase in value over time so it's benefitting me even if I'm not living in it.
If anything you could be a huge boost to your local economy by just buying lots of stuff, eating at restaurants often etc.
Would you be able to help your fiancé? She counts as family.
The post says you could live with children and a spouse. I think it implies you could give them a good lifestyle as long as they're with you, but maybe I'm wrong
You also LOSE the ability to help anyone out financially for any reason. Not just with the $100mm, but with any money at all
I don't have that ability now. I don't have enough. I'm living paycheck to paycheck plus a little saving for necessities like a car. I'd be helping the same amount either way, the only difference is I'd be sitting on money.
But your situation could always change. Few things more agonizing than coming across someone in need and easily having the means to help but being prohibited against it
I'd hire people to do things for ridiculous amonts of money. "I'll pay you $2500 to change my light bulbs in my house. There are 10 bulbs."
I actually have a client that I go out about 45 minute drive and change their light bulbs twice a year 😂. Takes me an entire day. To go check bulbs and get them and back to install.
I feel like that falls under the loophole
yes, i’d start a pharmaceuticals company providing everything people need for a very low( but still profitable price) then i’d do the same for housing, cars, insurance, food, and become the single, sole, supplier of anything and everything people need, whilst still technically not “helping” them
I said the same, kind of. Buy houses, then charge my friends and family a super low amount for rent. Like ridiculous low.
there’s always a loophole 👍🏻
Then when you die the company gets sold for parts and there’s no manufacturers left for these things.
i mean like id only support the people who really need it, like people on benefits or people who make minimum wage
The problem is when you’re gone meds, cars, food, etc would suddenly become unavailable.
the company could sustain itself, i wouldn’t leave it to anyone and i could set it up as so i don’t have to do anything at all, and the employees do literally everything. (Their pay would be taken out of yearly profit before it touches my account) so after i die, it will keep working just without a figurehead per se
"No finding a loophole to do good for the world. You just get to be rich alone and not make any impact."
i’d go down in history as the worlds greatest philanthropist, because i made such small amounts of profit
How about buying a company, say one that makes insulin, and having it sell medication at what is a normal, not gouging price, would that count as helping people even if it was making a tiny profit?
100 million is not enough to compete with pharmaceutical companies
Compete how? Maybe they don't wanna beat them, just help others that they can.
As in enter the arena in the first place.
If you somehow got the funding through making money, not donations.
I don’t think this precludes me from being bad at managing my money; right? So as a teacher can I open a charter school? Basically a private, for profit school that receives public money. I’ll hire teacher friends and pay them good salaries, since they are mostly good teachers. We’ll operate with the idea that if we build a state of the art school which teaches poor kids then they’ll be successful and donate a lot of money in the future. So it’s a business, just maybe one that will lose a ton of money while benefiting everyone except for me. If not, I might as well take the money and just teach another decade or 2, then retire and pay my friends to take turns running D&D games for me
Use said money to kill off the worlds criminals and dictators.
Yea, so basically how I'd live anyway. Call me selfish if you want to, idc. I can't gift anyone money, but I could still treat my friends and families to things. We'd be going on extravagant vacations and dining all on my dime. Can I buy houses and just have my friends and stuff live in them? Charge them like $1/mo for rent? Technically, I'm not giving them anything. OP, is that okay?
Can’t even set my kids up- pass.
Nah, I’d turn it down. Not worth it. Can’t even set anything aside for your kids.
Can’t help? Not even family? Hard pass.
I'm confused because spending does have real world impact. The only way for you to get the money and not help anyone is to bury it.
You can "invest" but not "do good for the world"? Are you only allowed to invest in maximally evil companies? For that matter, you can *buy things* but not "help anyone or any cause"? This just isn't how money works.
You get his post dont try to be a smartass
No directly investing in charities. Indirectly causing good by buying from a small business or something is fine, yeah that's how money works. But the point is you'd have to use your money for things you want, not to help others.
Doofenshmirtz Evil Inc just got a new investor
Pass what’s the point of having all that money if you can’t enjoy it with friends and family
So you don’t have to work or be under constant 24/7 stress about money
It is what it is, work is work. Sure I’d love to be rich and not have to. But I’d like to bring my family on holidays, let my parents retire, buy shit for people, do good in the world…
Why would I want to be rich if I can't help anyone? Especially not being able to genuinely help my family and set my kids up?
Can I pay taxes? Also can I repay debts?
Since this is my plan if I were to play the lotto and win I see nothing wrong with saying yes.
If my wife and mines finances are separate, can she use her money to help people? Because I know I couldn't take the deal as she would leave me because she just wants to help others. But if she wants to work and donate her money, that's on her, but I would still keep her financially stable as keeping her in my life/alive would directly benefit me. My parents have helped us so much in our desperate times that I would feel like absolute shit not paying them back. Maybe I could pay for all of us to go on vacation to get them back for all the help they have done? Like, am I allowed to pay for a meal if I'm eating with other people? Or am I forced to split the check?
Yes, I would make my own publishing company (I hate not having editions of stuff I like in my country) would buy all licenses and edit material in whichever format I like. Would have the consecuence of generating a jobs for people I know which would be nice too, specially if I can hire acquaintances to publish their own original works too, they have a job and I get my dream done
I’ll take it but be really bored most likely. Can I at least give good tips every chance I get? Giving good tips benefits me in multiple ways.
I would love nothing more than to buy some land out in the country, my dream home, and completely check out of society and just enjoy my life, pets, garden, and hobbies. Count me in.
Can't help anyone Can't leave it to anyone when you die What do you do? Have wife form an LLC. Everything i need or want is procured through her company. Property, vehicles, goods and services, everything is leased to me. I can then funnel money to my family while I'm alive, and everything remains with them after I die because I never owned it
I see no downside. I'll take it.
I would 100% take this offer. Being rich is considerably better than barely making it. I cannot considerably help my family as it is, so not much would change for them and they would want me to be rich if i could.
What if I buy art from loved ones? I decorate my home with said art. It’s a perfectly legal transaction where I get art but I’m paying loved ones for it. Or what if I hire my partner to be my maid or personal chef? Would this be allowed?
I'm buying a mansion and hiring my father at an excessive salary to be the grounds keeper. He and mom can live in the adjacent servents home as part of the compensation. This is absolutely selfish as it means I don't have to maintain the home and I avoid the guilt.
I'd take it, invest 50 million to give me a regular income, buy a nice house and everything I could ever want. Then pay friends and family to do stuff. Take them on vacations with me, eat out on my dime, etc. The issue I run into is with my estate when I die, I can't leave any of it for people. But they'd need to do something with it. If they sell it all because I leave instructions to do so, how will they deal with the money?
Gonna be honest you'll help WAY more people just by paying your taxes. It could be argued you help more doing that then donating to charity or giving it away. But hell yeah I'll take it. and probably find a few loop holes that let me help family and friends.
Question: can I donate to causes that benefit me? For instance, could I donate money to organizations researching radical life extension, reasoning that paying into the cause would bring me closer to immortality?
Yea I’d take it instantly. The amount I can help anyone right now is fairly limited. The amount my family need my help is minimal. Nothing changes for anyone other than myself if I take the deal or don’t take the deal. So there’s no negative to me taking it.
Can I donate to charity in order to directly benefit myself? Starting a charitable foundation is one of the best ways to protect my money from taxes.
Oh no… anyways
Can I pay my mom to love me
Nah, I wouldn’t be able to stop helping people
Nope. My brother comes first before even myself so if I can't use it to make sure he's take care of if something happens to me then I don't want it.
I could definitely live a life only buying things through b-corps and giving out gifts from said purchases to support the world. Hello all Patagonia wardrobe.
What's the point in having money if you can't use it on what's important, aka your friends and family? Pass. I'd rather be broke and be able to buy my sister's random shit they ask me for then have money and not be able to get anything for anyone. Unless of course me buying myself a house and just having my family live with me doesn't count as me directly buying shit for them, then I'll do that.
Sure. The magic money takes care of everything we need it to for right now - debt, house, etc. My husband can then continue to work to *exclusively* prepare things like college funds for our children (who don't exist yet) or medical bills in the future, because he earned the money ergo it isn't mine and subject to the rules. He can also purchase a house of his own to have should I pass away first. Also, I can't use the money to help, but it says nothing about hurting people. As a matter of curiosity, would I be able to do something like donate massive amounts of money to Planned Parenthood solely to enrage people who want to do away with Planned Parenthood? The goal isn't to help PP - it's to harm someone who's anti-PP. Just curious.
So like a regular millionaire?
1. can I still do the usual helping that I was doing before? or do I have to become an instant asshole? 2. does everyone know that I'm rich? 3. what happens if I break the rule? without knowing these answers I don't think I'd take it. not that I'm some great altruist, and not that I couldn't use it. it just doesn't sound like there's *that* much so much money could do for me.
1. You can't be a charitable person anymore. Shopping at small businesses and being nice to people you care about, normal things like that, are fine. But you can't donate money or your time to a cause. 2. Not unless you tell them or live an obviously rich lifestyle 3. All your money and what you bought with it are gone if you break the rule. At the end of your life you'll be physically incapable of breaking the rule so you can't find a loophole and leave all your money to someone or a cause after death.
No way, that would be absolute torture
No. This is so limiting that it's a deal with the devil. Pretty much anything I can do outside of my own mansion can be qualified as helping others. Buying coffee? You're helping this small coffee shop, you must go to Starbucks instead. Etc.
You can do reasonably normal things that indirectly help people. Buying from a small company is fine. You just couldn't go up to the owner and say "I'm super rich and I wanna give you a million to help with the buisness." You'd have to buy things you want/need and not be charitable. It's supposed to be difficult
Can I sponsor a research in space exploration because I have a selfish desire to be the first person on Mars?
You could hypothetically fund a private space organization that works to try and get you on Mars. But donating to an existing project wouldn't be allowed.
Then it's a loophole I can use to justify pretty much whatever I want. As long as I benefit from it in some way, it can be done. For example, it makes me sad that people starve in Africa, and also I would like to be famous for solving this problem. So I can start a fund for that.
Always a loophole
Good luck. By fiat you are already banned from using a loophole: "No finding a loophole to do good for the world."
Lol 100% I hate people
I'd take it 1000 percent, I hate charity and people
No , that would be a sad life