Do you share your salary information with your family?
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Anonymous
| My salary is public knowledge. |
Anonymous
|
No, but they can probably figure it out based on our lifestyle - our HHI is about $140k. It might be a bigger issue if we had six figure jobs, I suppose. Our kids are in college and we have had detailed financial discussions over the past few years so they can understand our decisions and their options.
I have a friend who struggles with this issue because his extended family members constantly ask for money for everything and push to know what they do with all of their money. |
Anonymous
…which your mom then tells all the moms in her networks (family, neighborhood, church, alumnae groups, etc.) and then our moms tell us, lol. Especially if you give your mom an allowance, buy her a car, etc. I told my mom my first salary out of college. She told another mom in a fit of pique when the mom questioned how I would survive in NYC on a teller’s salary. (“She’s working for an investment bank, not a retail bank, and making $X….she’ll be fine.”) That was the last time she knew what I made. |
Anonymous
| My mom is insanely curious and will hound me until I tell her. It’s annoying but that’s how she is. My dad never asks. |
Anonymous
| Do not share with siblings and parents are too old to care. I do know how much my recent grads make. But after a while I’m sure they will keep it private. |
Anonymous
| My wife will ask our DC to share everything and even goes to the extent of telling how much to save/invest etc. I just want to know that they are comfortable and happy. Though it all comes from a good place, I don't think she shares all that info with her parents or she'd be happy if they started to pry about our finances. |
Anonymous
|
My mom and I are both teachers so we have a pretty good idea due to public records and don’t bother discussing.
We do discuss savings and she has gifted us a bit to get ahead of estate issues. She grew up poor and went to a one room schoolhouse on an island in Canada. She has a lot of hangups and doctors this or lawyers that due to class. Technically I am wealthier than the average doctor or lawyer but doesn’t matter to her. It just drives me nuts how she refers to these professions rather than the people themselves in conversation. |
Anonymous
| No way. Our families think we are poor and I'm totally fine with that lol. |
Anonymous
|
yes.
and frankly if you can’t share this you come from a bum family lmao some families are wholesome and filled with love and believe in sharing the abundance that they have. |
Anonymous
| One set of parents has a pretty good idea of our net worth. Our kids know it, too. We have not shared with siblings because we are better off than they are and don't want money to be a source of tension. |
Anonymous
| No, but salary scales are posted on my employer's website, so I guess my parents could look it up if they wanted to. Same with the public employees in the family. I think in my family unless you are asking someone to give you money, it is assumed you have enough and it's not really anyone else's business. |
Anonymous
Your verbiage shows that you know not all families are like this. This isnt the flex you think it is. |
Anonymous
Same. My parents don't care. They have plenty of money and know we are doing fine. In-laws don't care either, but they expect us to support them. They never bothered to ask me if we can afford the support we provide, and at what cost to our kids. |
Anonymous
you mean poor-a$$ families who chomp at the bit to get a penny from your. I stopped sharing my income with my family but that's because I support them and I am tired of it. |
Anonymous
| God no |