Legally_dead
Recycles dryer sheets
- Joined
- Sep 4, 2014
- Messages
- 50
I'm curious what others' approach and rationale is when it comes to the level of detail about your finances you share with family and friends.
Beginning when I was a teenager, I believed the less people know about my finances the better. I thought that nothing could be gained by sharing details. For example, my friends expected me to always buy the gas because I had my dad's gas card. I learned to keep quiet.
In the last four years, I have been much more open about how close I am to FI. This started as part of a church group discussion on stewardship. And I became more comfortable talking to friends and family. I realized I had some knowledge and evidence I could use to teach and inspire others. For example, I bought a best friend Dave Ramsey's FPU for his wedding. My story and FPU has changed his life for the better.
Lately, however, I'm beginning to think my original approach was best. I've had a few experiences with my siblings in a small family business where my outside job and my financial success has made them feel they deserve a greater share of the business profits.
Curious how you all approach this?
Sent from my iPhone using Early Retirement Forum
Beginning when I was a teenager, I believed the less people know about my finances the better. I thought that nothing could be gained by sharing details. For example, my friends expected me to always buy the gas because I had my dad's gas card. I learned to keep quiet.
In the last four years, I have been much more open about how close I am to FI. This started as part of a church group discussion on stewardship. And I became more comfortable talking to friends and family. I realized I had some knowledge and evidence I could use to teach and inspire others. For example, I bought a best friend Dave Ramsey's FPU for his wedding. My story and FPU has changed his life for the better.
Lately, however, I'm beginning to think my original approach was best. I've had a few experiences with my siblings in a small family business where my outside job and my financial success has made them feel they deserve a greater share of the business profits.
Curious how you all approach this?
Sent from my iPhone using Early Retirement Forum