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Author Topic: how to inform your family about your source of income  (Read 1404 times)
AVE5
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August 11, 2024, 09:34:42 AM
 #21

You don't owe anyone your source of income as far as you are not a teenage or under parental control anymore.
Telling your family about your source of income is a personal choice and not a duty. Although few advantages of letting your family know about your source of income could servr some advantage Incase you're questioned out there by some lawful forces. Your parents or family would be there to defend and speak of your behalf as much they knows you.
So if you find your family Worthy of knowing about your source of income, then nothing to think about on how to explain it to them unless I'm engaged on technical sectors such as investing on bitcoin or trading on bitcoin which I'd need to explain to them to the best of their understanding depending on their level of knowledge to understand.

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August 11, 2024, 09:39:32 AM
 #22

Many of us might be living in families that are not tech savvy or are not willing to accept something new as a "income source" - dont give up on them, show them your honest methods and the money that comes in and eventually they will change.

However only the closest family members need to be informed, not distant ones and often keeping sources secret will help the earner from getting robbed or questions from the wrong people.

It is always advised to keep work done in secret and not to bang the drums about it. Something that I also support. Let your results speak for you.

 
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August 11, 2024, 01:23:27 PM
 #23

Yes, that's right bro, our family must know our source of income, because after all we are children who were born and raised by them, from childhood to adulthood we are educated and taught what is best for us, and we should never hide anything about ourselves, only the way We just have to polish it as best as possible so that they understand and understand about our income from online, don't let them think that our income is illegal, we don't have to tell them all about the amount, as long as their needs are met by us, that's more than enough in my opinion, because Our own parents also have the right to know about their own children, the most important thing is that openness and taking care of each other is more than enough, our parents will not ask for the results of our hard work because they understand each other's needs, they only want their children Being a successful person is far from legal problems, because they also want their children to be successful from their own income and parents will also be proud to see that their children are independent and can make a lot of money from their own hard work.

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August 11, 2024, 01:48:40 PM
 #24

You don't owe anyone your source of income as far as you are not a teenage or under parental control anymore.
Telling your family about your source of income is a personal choice and not a duty. Although few advantages of letting your family know about your source of income could servr some advantage Incase you're questioned out there by some lawful forces. Your parents or family would be there to defend and speak of your behalf as much they knows you.
So if you find your family Worthy of knowing about your source of income, then nothing to think about on how to explain it to them unless I'm engaged on technical sectors such as investing on bitcoin or trading on bitcoin which I'd need to explain to them to the best of their understanding depending on their level of knowledge to understand.
I agree, as long as what a person is doing is not illegal, then it is up to them to decide whether they want their family members to know what they are doing or not for a living, after all there can still be a lot of prejudices against this market, and I do not see the point of having issues with your family over something they do not understand, so in that case it would be better just to talk in general terms about what you do but avoid being too specific about it.
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August 11, 2024, 02:26:03 PM
 #25

                             
 
 So what I'm trying to say about this is be very cautious about the amount of income you will mention to your family.
 I hope this help some of the youth facing this challenges figure out their problems.
                                   What is your say about this

You made a great thread but your post lack the arrangement for easy understanding. You don't really need to design or format your post to pass a message, it will only get messy and hard for people to comprehend.

Now back to your main subject, there is nothing bad doing online work and a literate parent and by that I mean parent that knows what the internet is all about should understand you better as long as you have evidence of what you do on the internter and where the money is coming from. If you show them what you do and your source of income, there will be no two ways about it, you will earn their trust more when you have evidence and the source of the money.

It's only a problem when you tell parents that doesn't understand how the internet works because I don't know hownuou even tell your parents that you do gigs online and get paid in Bitcoin when they know no idea about the internet.

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August 11, 2024, 02:35:37 PM
 #26

You don't owe anyone your source of income as far as you are not a teenage or under parental control anymore.
Telling your family about your source of income is a personal choice and not a duty. Although few advantages of letting your family know about your source of income could servr some advantage Incase you're questioned out there by some lawful forces. Your parents or family would be there to defend and speak of your behalf as much they knows you.
So if you find your family Worthy of knowing about your source of income, then nothing to think about on how to explain it to them unless I'm engaged on technical sectors such as investing on bitcoin or trading on bitcoin which I'd need to explain to them to the best of their understanding depending on their level of knowledge to understand.
I agree, as long as what a person is doing is not illegal, then it is up to them to decide whether they want their family members to know what they are doing or not for a living, after all there can still be a lot of prejudices against this market, and I do not see the point of having issues with your family over something they do not understand, so in that case it would be better just to talk in general terms about what you do but avoid being too specific about it.
I think the purpose of telling family members about the source of income is to create more intense harmony. It does not become a new burden after we open up to them, we just make sure that they understand what we have been doing all this time. In addition, this attitude can also increase trust between family members, which is clear that the benefits we get will be greater if we decide to tell them about our source of income. It does not have to be specific, unless we are asked to teach them so that they can have an income too, in other words they want to learn too.

On the other hand, when family or partners know our source of income and the amount, we can easily discuss to determine long-term plans. I think almost everyone is open with their family and also their partners, so this is not something difficult to talk about with them. In conclusion, goals will be easy to achieve if we are open to sharing any information with family or partners.

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August 11, 2024, 02:55:27 PM
 #27

It is when the person doing Na legal business and legal work that he can tell what is doing to his family and if he is doing illegal jobs or business then he wouldn't tell them because someone that into kidnapping, arm robbery, and cybercrime will not tell his family about it. Though it is good for your family people to know what you are doing. So that there will be no suspicious about it. And even though you don't want to tell people about your source of income but you must tell your wife and children. And when you tell inturn they will tell their friends and that is how other people will also know about it. So there nothing that is legit that is hidden in the world.

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August 11, 2024, 06:03:10 PM
 #28

I have experienced something like this, where I don't know what to explain my work to my family, especially my parents, they ask what I do so that I can earn enough to fulfill my needs, without asking them for more help.

The problem is that they are stuttering in technology which makes me confused about what to explain to them the form of my work, and in the end I showed my work in the open forum on other activities on web3, from how to earn income so that it can become the currency of my country to be used to buy my needs and it was quite helpful, although I did not do according to your specifications OP but maybe the situation we experienced was the same even though in different ways.
Yes we can disclose our earning source in different ways. We earn various way like, our froum, various online marketplace. Like i am a freelancer of upwork. I am social media marketing expert. I am earning usd which coming through our local Bank. So my family know all. And they are seeing my job which task my client giving me.
I think this earning source is valid so it is easy to say with our family.

But froum earning is some difficult to tell wth our family, Because cryptocurrenchy is not legal in our country. But I think day by day and gradually it will be legal in our country then it will be easy to tell our family about our source of income.

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August 11, 2024, 06:16:07 PM
 #29

You know, at the end of the day, other people's opinions dont really matter all that much.  As long as you are doing something legal to support yourself, whether its through some kind of online work or running your own small business then thats your own choice to make and  people will always judge no matter what you do anyway.  Its just human nature.

This is the age of making money on the internet - there are so many ways to do it now with freelancing, selling digital products, and everything in between.  If you find something you feel passionate about that also pays the bills, then go for it.  Let the naysayers naysay.  Your happiness and fulfillment are what count here.

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August 11, 2024, 06:40:27 PM
 #30

Whenever you start a new job or business always consult your parents first because they know what we don't. They have seen a lot in their lives and in the light of their experiences we are better guided. When you get into your new job your parents feel the joy of youth again as if they are involved in the job themselves. So don't forget to include your parents in this new journey. It will not only be beneficial for you but also a pleasant experience for your parents. May your new journey be successful with their prayers and advice. So whenever you take a new step make sure to include your parents in the joy.











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August 11, 2024, 09:53:10 PM
 #31

Our family should be aware about our source of income, but I don't think we are still obliged to let them know how much we are earning with our job or even side hustle. That should only be kept secretly within yourself.

Luckily, my family has never asked about it or cross even my privacy. They know that I'm into crypto but until now, they have no idea how much I'm capable to earn which is a good thing also. It just shows they respect my privacy, and that's very important to me.

 
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August 11, 2024, 10:21:43 PM
 #32

I am open with my family, the immediate ones but not relatives and friends. I tell them how much I earn and what's the source of income that I have. I won't hide anything from them but there are grounds on how vocal I should be on them. Because there could be times that they might be too picky with what I give to them knowing how much I earn. I'd tell them that it's the only amount that I've earned based on the output of my job and the performance of the company that I am working with.

They might believe or they might not be. It's not a problem to me but I have already taught them on how to be grateful with whatever we have because it's always like that we get to have everything specially if we don't have a lot of source of income. I don't treat gambling as a source of income unlike the others that they do and that's why I need to make them appreciate and realize that they need not to know more about my finances as that's going to invade my privacy.

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August 11, 2024, 10:57:26 PM
 #33

I think as long as you are not doing illegal things to provide you good amount of income, then I don’t think it would be hard to tell your friends and family about the nature of your job. Most especially your family, they need to be aware what you have been doing for a living, so they won’t suspect you bad things and just support your craft all the way.

However, when it comes to disclosing the amount of your income, I think that’s should never be tell to everyone, not even your close family members or friends. Although it won’t be bad if you allow your parents how much you are earning, as long as they won’t disclose the information as well. Otherwise, when it comes to money and assets matters, it should be dealt only within yourself and should be dealt privately.

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August 11, 2024, 11:15:29 PM
 #34

The problem is that they are stuttering in technology which makes me confused about what to explain to them the form of my work, and in the end I showed my work in the open forum on other activities on web3, from how to earn income so that it can become the currency of my country to be used to buy my needs and it was quite helpful,
Some parents are definitely less tech savvy than others and would just be even more confused if I actually tell them what I was doing. During cases like this, a little white lie won’t hurt. I will explain my job in a way that is easier to understand and a bit more traditional rather than trying to dive into the whole crypto thing.
[
For parents that uneducated or exposed to current tech development a white lie should be just the right reply to give as you can make them feel more insecure about you by trying to want to genuinely explain your means of income source how it works. And for those parents that are too religious, there are certain jobs they might get weary about knowing that their son is into such line of job or business as it goes against their religious faith. lol. Honestly I don't find it appealing when people ask about my source of income, it's a moral killer for me in a discussion, except it's for official purpose I don't share.


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August 12, 2024, 09:22:20 AM
 #35

Basically at your level you try to have outline this for your age, because manority of us have grown beyond that age where we need to explain the source of your money to anyone, be it family and friends, know that to make money you need to have privacy and secret, and many believe that bad things happen to whatever they let others know most especially the thing that only them have developed over time.

So for that, we just decide to remain private, I don't think at my age, anyone around me will still be questioning my earnings, most especially when I dont have anh questionable characters.


Two things that I think might actually be a bad idea, telling anyone about your source of income and disclosing how much you make.. revealing all these isn't good in most situations because some people especially friends would like to take advantage when they know the amount of money you are making..You shouldn't tell people about your source of income If it's not a white collar job, if you are earning online from crypto trade or forex trade it should be a secret, just so you can avoid putting that spot light on yourself.. it's better to win and stay quiet

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August 12, 2024, 10:56:23 AM
 #36

Why do you have to tell your family about your source of income? You are an adult person. You are living your life and your business is your business. Period. I told my mother that I work in the IT sector and that's it. She doesn't know anything about crypto. She doesn't know how much money I'm making(the amount of money I'm currently making isn't big). I wouldn't tell anything about my sources of income to anyone of my relatives-uncles, cousins, aunts, etc... There's no need for me to share with them such information and I can assume that they most likely wouldn't even care about my income sources.

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August 12, 2024, 11:33:49 AM
 #37

Two things that I think might actually be a bad idea, telling anyone about your source of income and disclosing how much you make.. revealing all these isn't good in most situations because some people especially friends would like to take advantage when they know the amount of money you are making..You shouldn't tell people about your source of income If it's not a white collar job, if you are earning online from crypto trade or forex trade it should be a secret, just so you can avoid putting that spot light on yourself.. it's better to win and stay quiet
You are right, if you are completely open to people, they will take advantage of you. When you you tell your friends, families, and others your source of income, instead of appreciating you, they do use you as their source of income, they will be sending money requests anytime until they see that you no longer have again. And for your family members including your parents, sometimes it's hard to explain the nature of your work to them especially if they don't have a good educational background; some of them see any online business as a scam or fraud.
Hiding the main detail of what you do for leaving is very important for your safety, you can tell them something they want to hear to be free and safe.

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August 12, 2024, 11:40:37 AM
 #38

One day, my Dad was telling me that he has raised me with a good discipline and has thought me all the things that is supposed to guide me through life and also how to handle my finance and also to raise my own family. So, at my age, my parents doesn't bother to start question me about my nature of job or what so ever. They will not also get scared about my nature of job because they are confident that they have given me a good home training not to ingagge in any illegal activity that will cause me or cause them problem.

If one is living a life where they have to start convincing or explaining to their parents if their job is legit or not, that means the parents are scared that the job might be illegal.

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August 12, 2024, 12:10:57 PM
 #39

Yeah, there is no doubt we should keep secret our income and source of income from those people who are not our well-wishers as they would never like to see us becoming a successful person. But besides this, I honestly feel good when I share my income with my family and my siblings as they are the only best friends who are good with us, we all have lovely feelings for our parents and siblings so sharing these kinds of movements with them feel really good like telling them I am earning from this source and I used to guide them about those sources from where I am earing as they can also make money from that resources.

I also have faced these kinds of people as well in my life who just want to know from where I am earning and how much I am earning and they request me to teach them so that they can also make money and honestly, I guided them but after them, I realize they just wanted to know what I am doing and once they come to know what I am doing they all step away from me and the source I shared. After all, I realized that was a waste of time I spent on them. I can share a lot of these kinds of stories here but I think I should leave it and move on to the next things in life like those things that can make me a progressive personality. You guys also may have faced these kinds of people in your life. do you?

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August 12, 2024, 12:30:22 PM
 #40

telling the family that we already have an income is something that must be done, because the family also hopes that we can be independent and one of them is having a job that can provide income is a source of pride for the family, I am sure of that.

but if this income is obtained from something that is actually high risk or wrong such as stealing, robbing and others then the family will not be proud, on the contrary they might be angry or even expel.
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