I've always been overly cautious not to brag, or to be seen as bragging. When I was employed I never really talked about my job or what I did to people who didn't already know. I always played it down, because even the job description denoted high pay. When asked what I did, I couldn't answer without the other person knowing that I made a lot of money . . . so even answering the simple question "What do you do?" seemed like bragging.
I have this problem now. My wife and I just tell people I work in the tax department. Not that I am the VP. My title is probably inflated anyways, so I avoid mentioning it like the plague. You can kind of do the math since my wife stays home with the kids.