Do you tell your nosey relatives - cousins, inlaws, aunts how much money you have if they ask?

[Anonymous]

If you have nosey relatives who ask about your cash and retirement accounts do you tell them the truth? Do you worry that they will hit you up for a loan?

[Anonymous]

No, you do not tell them the truth. I would not answer the question directly.

[Anonymous]

No educated person has relatives like this

[Anonymous]

No.

[Anonymous]

Anonymous wrote:No educated person has relatives like this

[Anonymous]

There is no world in which they would ask. If they did, we would have them psychologically evaluated as they obviously are having some sort of psychotic episode. Having said that, there is no world in which I would tell them.

I know in cultures other than mine, talking about money is more typical.

[Anonymous]

I would not now, no. When I got my first job one of my aunts cornered me at a family cookout and kept asking how much I made, badgering me really, and saying "I'm your aunt, you can tell me" and eventually I just said my salary. I was so uncomfortable but didn't expect that line of questioning and didn't really have the tools to stand up for my own privacy.

If I were asked now I would just say "we're trying to be smart in our planning" or "we should be on track" or something vague like that, and if they pushed I'd switch to "why do you ask?"

[Anonymous]

Educated person here, who has fielded such questions from curious aunts. I have no problem telling them the price of my house or our salaries. Because they're very middle class.

Our real wealth is in the stock market, and since they don't know it's there, they will never ask...

[Anonymous]

Anonymous wrote:I would not now, no. When I got my first job one of my aunts cornered me at a family cookout and kept asking how much I made, badgering me really, and saying "I'm your aunt, you can tell me" and eventually I just said my salary. I was so uncomfortable but didn't expect that line of questioning and didn't really have the tools to stand up for my own privacy.

If I were asked now I would just say "we're trying to be smart in our planning" or "we should be on track" or something vague like that, and if they pushed I'd switch to "why do you ask?"

You: why do you ask?
Them: Because I'm curious/want to know

THEN what would you say? Because THAT is the answer you should give rather than "why do you ask?" Everyone asks everything because they're curious.

[Anonymous]

Are they asking for a specific amount? Then no. None of their business.

If they’re asking general questions about retirement accounts and emergency funds, then sure, I’ll answer those…in general terms. “Yes I have a six month emergency fund. Yes, I save for retirement. No I don’t pay an advisor AUM fees. Blah blah blah.”

[Anonymous]

Anyone who asks about your money has bad intentions. They want to judge you, gossip or ask you for money. Don’t tell personal info, essentially to family members because they will use you like an ATM.

[Anonymous]

No one has ever asked me. I think inlaws have asked DH because he sends them money, but I'm not a party to that conversation.

[Anonymous]

I'd respond with a laugh and a "why, do you need a loan?" and follow up with "that's not the business I'm in" hahaha and then change the subject.

[Anonymous]

Anonymous wrote:Are they asking for a specific amount? Then no. None of their business.

If they’re asking general questions about retirement accounts and emergency funds, then sure, I’ll answer those…in general terms. “Yes I have a six month emergency fund. Yes, I save for retirement. No I don’t pay an advisor AUM fees. Blah blah blah.”

This is a good answer.

[Anonymous]

Tell us how much you have, OP.