|
Post by kenziekeeper on Jun 30, 2021 1:21:48 GMT
Pretty much as the poll states - do (or did) your parents know your household income? Do you know your child/their spouses’? Don’t want to color the poll with a story - truly curious!
|
|
|
Post by chaosisapony on Jun 30, 2021 1:24:46 GMT
Not down to the dime but my parents know roughly what I bring home each month. We've never been secretive about finances.
|
|
|
Post by voltagain on Jun 30, 2021 1:39:38 GMT
For my sons and wives I have no idea what their household incomes are. My daughter I have a ball park estimate only because she told me when she got the job. She was quite surprised at what the salary offer was.
I know one of my sons knows what I make because he has helped me with taxes. Money just isn't something we talk about.
|
|
|
Post by vsimone on Jun 30, 2021 1:44:09 GMT
No. I've never discussed money with my parents or my children much. My son asked me for a small loan once about 10 years ago which I gave him (and didn't want it back). I asked if he needed more help with his finances and he said no, he just got caught out having recently purchased a home but he was ok. End of talk about finances.
|
|
|
Post by AussieMeg on Jun 30, 2021 1:46:25 GMT
Yes my parents and my brother know my income. My DD has only been working since Feb 2020, and yes I know her income. I think my BFF knows my income as well.
|
|
used2scrap
Drama Llama
Posts: 6,036
Jan 29, 2016 3:02:55 GMT
|
Post by used2scrap on Jun 30, 2021 1:49:11 GMT
I know my mom’s because she’s made a colossal financial mess and am attempting to help her climb out of it. I know my kids’ because they are college age and younger so not totally financially independent. Don’t think anyone in my family really cares about my financial situation but my sister who constantly condescends about how I’m such a destitute single parent and won’t be able to survive the real world with zero idea about my finances. 🙄
|
|
|
Post by vsimone on Jun 30, 2021 1:49:32 GMT
I will just add that I'm not secretive about money. I just don't think it's any of my business to ask, and my family must think the same way because they've never asked me.
|
|
|
Post by Merge on Jun 30, 2021 1:51:42 GMT
Well, my income is a matter of public record. I don’t believe anyone knows DH’s.
|
|
|
Post by 950nancy on Jun 30, 2021 1:53:28 GMT
We're not private about money within the family and kids always knew about what we made and how we spent it for bills, investments, and fun money. They learned how to budget at home and not so much at school. While we know approximately what our kids make per hour or annually, it isn't discussed a ton. My sons talk much more about money with my husband since they are all into investments.
|
|
|
Post by lisae on Jun 30, 2021 2:00:18 GMT
I told my mother my salary when I first started working out of college. She told everyone she knew. I never made that mistake again.
|
|
|
Post by worldwanderer75 on Jun 30, 2021 2:10:52 GMT
Definitely not. A member of my family tells everyone how much money he makes and it's so weird to me. My mom has asked recently and was offended when I wouldn't tell her. I know my parents net worth but I never knew how much money they made when they were working.
|
|
|
Post by bc2ca on Jun 30, 2021 2:11:33 GMT
We know our kids' income because we help prepare their taxes. They aren't in career jobs yet and I wouldn't expect to know their income when they hit that stage. Our parents have never known our income. My dad would love to know, but gave up after nosing around years ago. He does like that he can get all the house buying/selling/valuations from public sources so has an idea of the value of some assets. DH's family loves to gossip about what everyone makes and spends, so we keep quiet around them, too. One cousin volunteers to do everyone's taxes and shares all the details.
|
|
jayfab
Drama Llama
procastinating
Posts: 5,521
Jun 26, 2014 21:55:15 GMT
|
Post by jayfab on Jun 30, 2021 2:13:56 GMT
My brother/nephew/niece are my tax peeps so yes they know. I doubt they discussed it with other family members.
|
|
|
Post by scraphollie27 on Jun 30, 2021 2:15:30 GMT
My mum does the books for my husband’s company so she knows exactly what he makes and she could make a reasonable estimate about my income. My Dad doesn’t know.
Our DDs are young adults living at home and I take all of their information to our accountant so I know exactly how much they make. My stepson (30 lives with us) manages (?) his own finances but he tells me in general terms what’s up and sometimes asks for advice.
|
|
|
Post by freecharlie on Jun 30, 2021 2:30:06 GMT
Out kids know about what we make. I knew what my dad made per hour and my mom per month. Never did the math on it though.
|
|
|
Post by myshelly on Jun 30, 2021 2:31:07 GMT
Yes.
DH is a public school teacher, so pretty much anyone can look up what his district pays.
|
|
|
Post by Linda on Jun 30, 2021 2:32:35 GMT
our parents are all deceased but no, they didn't know our income. Only my oldest works - he's military so while I don't know his salary, it wouldn't be that hard to figure out. I only know DH's because I do the taxes every year.
|
|
seaexplore
Prolific Pea
Posts: 8,438
Apr 25, 2015 23:57:30 GMT
|
Post by seaexplore on Jun 30, 2021 2:38:53 GMT
Since I’m a teacher, it’s public record. My students found it one time and said I was “ballin’” until I broke down exactly what it looks like to be paid “that much” which was before taxes, unction dues, insurance, retirement,disability. Then house payment, call phone bill, internet bill, satellite tv and radio, insurance on car and house. They were shocked at how little “fun money” I had left. It was a great financial lesson for them.
|
|
Deleted
Posts: 0
May 21, 2024 15:56:48 GMT
|
Post by Deleted on Jun 30, 2021 2:40:10 GMT
Our parents do not know our income. FIL once way overestimated it. MIL was in the ballpark one time when he was looking for a new job. My parents knew we were in a financial crunch a long time ago and treated us as if we never climbed out of that hole.
I can look up my airman's salary and have an educated guess until he chooses to get out. I kinda know what my other kid makes an hour because he told us about his last raise and that he's looking for something else. Once he's out of the house, I'll probably never know unless he tells us. I won't ask.
|
|
|
Post by leannec on Jun 30, 2021 2:44:02 GMT
Yes, my ex and my mum have a pretty good guess ... I'm a teacher in Canada so I'm paid well
|
|
|
Post by busy on Jun 30, 2021 2:51:19 GMT
My in-laws know what we make. Not down to the penny, but within $10k. My mom is nosy and would love to know and I won't give her a clue because I have zero interest in her unsolicited advice. DS (13) knows what we make and approximate percentages of income that go to various kinds of savings, bills, discretionary spending, etc. My mom was a CFO and my stepfather was an Econ prof, but they never talked about money with us. I was shocked when I started earning money how little I could afford and didn't have much of an idea of how much of my income was reasonable to spend, for example, on clothes or entertainment. I'd like DS to have a better framework around money when he's on his own than I did - my parents taught us a lot of theory about money, but pretty much nothing practical.
This past year was a really interesting lesson for DS - DH was out of work for about a year due to covid, and DS assumed that we would have to make a lot of cuts. I told him no, we were fine, DH's industry has always been unstable so we make sure we can afford our lives on my income. It was a big eye-opener for DS about the benefit of living under your means.
|
|
SabrinaP
Pearl Clutcher
Busy Teacher Pea
Posts: 4,350
Location: Dallas Texas
Jun 26, 2014 12:16:22 GMT
|
Post by SabrinaP on Jun 30, 2021 2:57:29 GMT
We don’t talk about it, but they could look it up if they wanted to since DH and I are both teachers.
|
|
|
Post by ntsf on Jun 30, 2021 3:36:05 GMT
I know my dad's wealth, as I help to manage his money and help with taxes. he knows we have more than him.. but vague.. we never told the kids how much we made. just sort of private.
we taught them to pinch pennies though.
|
|
|
Post by Zee on Jun 30, 2021 3:45:16 GMT
Yes we've been very open about how we're doing after moving across the country in different directions. My kids know how much I make and vice versa. Also, my parents know how much I make as it's come up organically in conversation. I keep it to myself among friends or coworkers or other family though.
|
|
|
Post by cmpeter on Jun 30, 2021 3:54:15 GMT
Our kids are college age/just out of school. We know what they make. Dd knows what we make, I’m not sure ds knows. Parents do not know.
|
|
paget
Drama Llama
Posts: 6,752
Jun 25, 2014 21:16:39 GMT
|
Post by paget on Jun 30, 2021 4:14:03 GMT
My parents don’t know mine, I know what my Dds make and they know what I make.
|
|
Gennifer
Drama Llama
Posts: 5,006
Jun 26, 2014 8:22:26 GMT
|
Post by Gennifer on Jun 30, 2021 4:35:23 GMT
No way. I mean, technically my mom and brother know some of my income, because they write the paychecks, but they don’t know what I make doing graphic design, or what my husband makes.
|
|
|
Post by snugglebutter on Jun 30, 2021 4:35:29 GMT
I think most people have a general idea of dh's main income (teaching/private school) but don't have any idea about how much his side business makes because we don't generally discuss it with others.
|
|
AllieC
Pearl Clutcher
Posts: 3,057
Jul 4, 2014 6:57:02 GMT
|
Post by AllieC on Jun 30, 2021 4:42:52 GMT
My parents when alive didn't know my income but probably could have a reasonable guess. It wasn't something we talked about.
I know my daughter's because she has told me and as a state goverment employee I could find out anyway as it is documented.
|
|
tanya2
Pearl Clutcher
Refupea #1604
Posts: 4,423
Jun 27, 2014 2:27:09 GMT
|
Post by tanya2 on Jun 30, 2021 5:14:54 GMT
my family doesn't know our income, but I do know how much my kids make
|
|