Son is 16, best friend is 17, they go to the same high school. Best friend’s family’s wealthy. He bought son a brand new iPhone 16 Pro Max & a pair of AirPods Pro 2, so they can “match”. Son’s obviously very happy, but I think it’s a bit too much. I called the parents and they said it’s fine, it’s just pocket change.
Steal from the rich: accept expensive gifts from the rich
Give to the poor: at the very least see if anyone needs his old phone. One of you may know somebody who has a cracked screen and is willing to up/side/downgrade to a phone in better condition.