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Old 03-22-2024, 03:59 PM
 
Location: New England
1,215 posts, read 2,582,359 times
Reputation: 2237

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Are you open with your extended family about how much you make and your net worth? Anyone from parents, siblings, nieces nephews, etc. Heck even close friends.


Salary of $40,000 or $400,000. Or net worth of $10,000 or 10 million. My siblings know we can retire, but that's it. I know some people who are open and some that aren't.
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Old 03-22-2024, 04:03 PM
 
106,576 posts, read 108,713,667 times
Reputation: 80058
it hasn’t come up in any discussion with our kids ..if they asked we would tell, no reason we wouldn’t
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Old 03-22-2024, 04:09 PM
 
Location: Northern California
130,047 posts, read 12,072,794 times
Reputation: 39012
No one's business but mine & DH. I am amazed at how many people respond in some of the treads here.( how much are you worth)
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Old 03-22-2024, 04:09 PM
 
Location: East Coast of the United States
27,545 posts, read 28,630,498 times
Reputation: 25111
No, I don't discuss any specifics about my salary or net worth.

Unless people are willing to show me their paystubs and account balances, I don't return the favor.
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Old 03-22-2024, 04:10 PM
 
8,299 posts, read 3,806,781 times
Reputation: 5919
I very private with my income except with people I know. It doesn't come up in discussion often at all though.

Net worth has never come up in discussion and I'm not sure it ever would or why one would want to know.
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Old 03-22-2024, 04:17 PM
 
Location: North Texas
3,497 posts, read 2,656,817 times
Reputation: 11018
I assume my son has an idea, but he never asks since we provide him with a large amount annually.
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Old 03-22-2024, 04:17 PM
 
Location: Lost in Montana *recalculating*...
19,743 posts, read 22,635,943 times
Reputation: 24902
We don't discuss it. NUNYA
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Old 03-22-2024, 04:27 PM
 
Location: North Texas
3,497 posts, read 2,656,817 times
Reputation: 11018
You can Google and find some sites that will tell if a person's net is over a million.
So what anyone may think is very private in reality is not.
I think they use property values as an assumption.
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Old 03-22-2024, 04:42 PM
 
14,299 posts, read 11,677,294 times
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I have never asked anyone what their income/net worth is and no one has ever volunteered that information. Nor have we ever been asked. Not by friends, not by family--except for my two daughters who had to know our income in order to fill out the FAFSA form for university applications.

I haven't shared that on this board or elsewhere online, either.

I will say however that we must be pretty good at living under our means because a dear friend whose children got Pell grants suggested that our kids apply as well. I had to tell her they would not qualify.
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Old 03-22-2024, 04:50 PM
 
2,471 posts, read 2,692,112 times
Reputation: 4856
My older brother asked me once. I told him. He never asked again.
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