Advice for a friend

My friend has been seeing a guy (he’s 44 she’s 46) for about 2 months now. They see eachother 2-3 times a week and are exclusive but not boyfriend girlfriend. He has flat out said he’s not ready yet.

He is living with his mom and now my friend is planning a big New Years trip out of state with him and footing the whole bill as he doesn’t have a lot of money. He’s still on tinder and has not deleted his account but she wants to trust him and not see if the location was changing but last time I asked her flat out she was surprised it had changed to his work location when he was at work. But then quickly said he is exclusive and sweet and trusts him completely.

He now has a job and is saving up for an apartment. My friend quit her job due to covid concerns and is living off her 401k funds she pulled. She has asked me for money before and I have declined.

I told her she is being way too trusting.

He won’t let her take a picture of them- flat out refuses. She has seen his moms house and he’s ashamed as he lives surrounded by boxes as he lost a job during covid.

Am I off base here? I am not opening my mouth further but is this a bad situation ?