Everyone except you in this thread seems to understand the term. |
My SIL does this and regularly asks DH for loans (almost always to repair her car). She does it to guilt him into giving her money whenever she asks. |
I tend to agree it's a white American thing. I don't see what the big deal is (are you embarrassed/guilty about how much money you have?). In my community of origin, people talk more openly about money. I think it helps people in the community network and find lucrative career paths. That is how they get information on what they need to do to get ahead. |
Would it be possible your SIL was just trying to get a sense of what things cost, such as you roof? You contradict yourself - your SIL likely just trying to determine/compare roofing costs, and we know labor differs by market but not materials. Not sure why people are so secretive about sharing how much they paid for their damn roof! |
Since this is about siblings… My siblings talk money but we are not competitive with each other. Btw you are not old money |
Why do you care so much about what your siblings or their partners make/spend? |
+1 |
Maybe your sibling is concerned about whether you got fleeced on your roof purchase. What do you think is going to happen? "My brother spent 20K on a new roof. He must have 5K to give me to spend on a new handbag." |
If you're on the money and finances forum, you're a nosy Nancy. |
It’s an anonymous board. It’s not the same thing as going through someone else’s mail or subjecting them to a lecture about your overpriced investment schemes or your opinions about what you see of their lifestyle, PP. |
No one in our families know how much we have except maybe my sister and BIL. Not the actual amount but based on our help they know we have some extra. They think we use our social security money to help. I call it grandma money.
Our son thinks we sell garage moonshine. That's what I told him. |
This entire forum is filled with people offering their opinions about what they think about the poster's lifestyle, and discussing whether the poster's investment strategy is wise. Very hilarious that you want to see this type of discussion among anonymous strangers but find it offensive to do it with your own family. |
My parents were new money but I grew up in wealth. I don’t talk about “net worth” but I’m fully transparent with my income, my investments (S&P 500 and chill), and various money moves for conversation sake.
Not talking about salary in the workplace is how the Man keeps you down. You need to demand and encourage transparency on income, tax advantaged programs, and strategies that anybody can use so everybody benefits. It’s not a zero sum game |
How would they know if they got fleeced if they live in an entirely different state, across the country? That isnt necessarily comparable. Lotta justification on why you want to stick your nose into your siblings (or their partners???) finances. |
My husband was the CEO of a good size public company so his compensation was made public every year so people had a good sense what our income was but we never talked about it though I'm sure others did. We have two nice homes and it would be easy to know what they are worth. We don't drive expensive cars and we don't spend a lot of money on clothes, jewelry etc. We often travel with friends so its pretty easy to know what we are all spending but we never talk about it. My husbands siblings are all very successful but they never talk about it. |