Am I committing the cardinal sin of finance?
Am I committing the cardinal sin of finance? TL;DR: I want to give a significant amount of money to my father who has poor financial habits. I’m 29F, make $79,000 a year as a data scientist in Rhode Island, USA. Roth 401K – 12% contribution (with match) – $47,500 Roth IRA – $11,800 Emergency Fund: $8500 (6 months of my portion of the rent (with 2 roommates) , food, utilities, and extra a…