I suspect (no way of knowing) that DW and I are probably the most "well-off" of anyone in either side of our families. As described earlier, we keep a pretty tight lid on where we stand with the exception of my talking about early retirement for only about the last 15 years or so - I'm sure by now they're tired of hearing about it...
We've seen many of our relatives struggle financially, and while we would like to help, it's an incredibly slippery slope when everyone is needy. So we pick and choose what we help with, such as a plane ticket to an important funeral, etc.
As someone else mentioned, we've tried to instill some financial discipline in our two kids, but that has seemingly failed miserably to date. We're still hoping for some maturing there, and we keep coaching as the opportunity presents itself. For us, I think the decision to keep private about it is definitely in our best interests.
We've seen many of our relatives struggle financially, and while we would like to help, it's an incredibly slippery slope when everyone is needy. So we pick and choose what we help with, such as a plane ticket to an important funeral, etc.
As someone else mentioned, we've tried to instill some financial discipline in our two kids, but that has seemingly failed miserably to date. We're still hoping for some maturing there, and we keep coaching as the opportunity presents itself. For us, I think the decision to keep private about it is definitely in our best interests.