Do you believe in disclosing your financial details to the family members is the beginning of failure?

[Xtynehappy]

In many places people believe that letting their family members know what they earn is actually the beginning of failure. What do you say?

 

[eLdavis]

I don't believe this though, telling your family what you earn is your choice, often times i like keeping this details to myself though.

 

[Springtime]

I do not think disclosing personal financial details to family is a sign of failure. It is the choice of the individual. For me, I do not disclose such information to family members.

 

[freelancermaria]

Whether this is a failure or not depends entirely on the family. Some families will exploit your financial success. I never share my financial information with anyone.

 

[Kera]

I only let my mom know my financial standing at a given time. That's the only person that I can trust.

 

[Starmix]

There is no connection of letting the family members know your income or source of earnings and such would be the beginning of failure. There is no significant effect of family 's knowledge of the business, but it's from the business operator himself if he doesn't make his business boom.

 

[Suba]

There is no relationship and having a proper reason why disclosing financial details to the family member can destroy your finances, what if the person's financial condition is already bad and getting help from other family members will be beneficial.

 

[Nomad]

I wouldn't say failure but if you earn well and if you disclose your income, your family will start asking for money

 

[magnus2022]

In many places people believe that letting their family members know what they earn is actually the beginning of failure. What do you say?

It depend on the type of family you are from. My family is exceptional and will even help you if your fund or business is not moving well.

 

[Augusta]

Yes it is not even good to disclose such to anyone at all. These are private information keep it to yourself