DW and I are fairly discreet about our financial situation, so outside this forum, we convey very little to anyone about how much assets we've accumulated over time. And from the outside, you would not know given the age of our cars or the moderate house we live in.
With that said, DW and I have very different views on whether or not we would tell other family members.
If asked, I would definitely tell my family (my parents and sister). I never found a reason to withhold this information, and in general, my parents would likely be happy with our success.
DW on the other hand said she'd never tell her family. She said it would cause unnecessary higher expectations of spending more money on gifts.
Are there others who know about your financial situation? Are there people who you would tell? Are there people who you would never tell?
With that said, DW and I have very different views on whether or not we would tell other family members.
If asked, I would definitely tell my family (my parents and sister). I never found a reason to withhold this information, and in general, my parents would likely be happy with our success.
DW on the other hand said she'd never tell her family. She said it would cause unnecessary higher expectations of spending more money on gifts.
Are there others who know about your financial situation? Are there people who you would tell? Are there people who you would never tell?