People Who Are Nosey about your Money

[Anonymous]

I always tell me that I'm barely making it. Whether they believe me or not is not my problem.

[Anonymous]

Yes. We have retired a bit earlier than some friends and former colleagues and we get questions about how we were able to afford to do so and a bit of jealousy too. We have always worked hard and been frugal and don’t feel like we should have to justify things. On the other hand my husband hates it when people tell us we are lucky since it wasn’t luck but har work.

[Anonymous]

"Times are tough"

Repeat, repeat, repeat. Let people wonder.

[Anonymous]

Anonymous wrote:Never had anyone ask this except financial advisor and I don’t even tell them the truth.

If you can't have an honest conversation about your money with your financial advisor you should probably get a new one....

[Anonymous]

Anonymous wrote:I have two brothers-in-law.

After my husband died tragically young BIL #1 had a private conversation wanting to know if I "was okay", was there enough life insurance, savings, that sort of thing. He was available to help me sort things out if needed. I shared how much in actual numbers and he offered actionable suggestions.

BIL#2 boorishly asked me at a family dinner how much life insurance I received, did I feel instantly rich? Was there a lawsuit that I'd profit from? How much did the kids get in Social Security benefits. I told him nothing.

Wow. I hope you don't talk to BIL 2 anymore.

[Anonymous]

Anonymous wrote:Never had anyone ask this except financial advisor and I don’t even tell them the truth.

You don’t tell them the truth? Tell me why?

[Anonymous]

I’m pretty open about my finances. I don’t understand the need to be secretive.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Never, ever stare financial information with anyone. Family or friends.
Ever.

Only on DCUM are people so squeamish and secretive about their wealth. Do you also conceal your financial information from the IRS? Why the secrecy? It’s either because you’re: (1) embarrassed that you’ve been given family money and that all your spending and possessions aren’t at all a reflection of your alleged hard work or (2) embarrassed that you earn, spend, or save foolishly.

We openly discuss finances in our family. Every penny we have and spend is justified and backed by the greatest of integrity.

The reason we don't tell anyone about our money us that they may ask for a 'loan' or just be jealous that we have more money. I have seen it play out. Once a well off person we know purchased a huge beach house, they lost a bunch of friends over jealousy. People wouldn't accept an invitation to stay there because it made them feel less than. Keep your $$ to your self.