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Author Topic: how to inform your family about your source of income  (Read 1407 times)
Jibdeen (OP)
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August 10, 2024, 09:03:45 PM
 #1

I know some people working online find it hard to decide whether to let their family know about their income and its source. this problem is one of the major problem that youth working online in some countries are facing. so today we are going to talk about this.
 
 To decide whether to tell your family about your income and its source you will need to identify the things i talked about below


 First of all,             
                -know the ideology of your family member about online businesses ; to tell your family members about how you         
                 generate your income online ,you will need to define their ideology about online businesses by doing so you will   
                 know the right manner of approach you will use.some families define any online business as illegal,so if your family
                 is part of these group don't be in haste to inform them about your source of income and instead try to change their
                 ideology or perspective about that first before informing them.

Second step, those to inform and those not to inform
                -be cautious  about those you inform ; I'm talking about some family member that deep inside them don't want to
                 see you progress,if you are to inform your family about your source of income inform your closest family i mean
                 your mother,father and sibling.

Third and last step, know the amount to mention to your family
               - know the amount you mention to your family;its depend on the basic understanding of the type of family you were
                 born to,by understanding this you will know the amount you are suppose to mention to your family.some family
                 after knowing your income will impose unnecessary responsibilities on you which will stop you from achieving your
                 plans and goal while others will avoid doing that and in any way help you achieve your plans and goal.so when you
                 understand the family you belong to, you will then decide on the right amount to tell them as your income.let take
                 an instance about the importance of this.there was this friend of mine ,he was a trader he invested in bitcoin and
                 when he decide to sell his bitcoin its was at its peak and so he got allot of money from that and he decided to
                 inform his family about that .after they knew this source of income they began to bill him on unnecessary thing and
                 him thinking he got allot of money made him pay for all their unnecessary bills. before the blink of an eye he
                 noticed he was almost bankrupted and he began looking for ways to get some money to invest into trading bitcoin
                 and he got zero that was how that friend of mine became poor again and still his family didn't understand and they
                 thought he was just trying to be wicked,he later on convinced them he was poor.                               
                 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
Wiwo
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August 10, 2024, 09:11:30 PM
 #2

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.

bangjoe
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August 10, 2024, 09:19:54 PM
 #3

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.

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August 10, 2024, 10:10:02 PM
 #4

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.
Quote
although I did not do according to your specifications OP but maybe the situation we experienced was the same even though in different ways.
Each family is different. I am happy to give to my family and not all families will be greedy enough to keep asking you for more. I guess it just depends on the kind of relationship you have with your family.

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Mr.right85
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August 10, 2024, 10:17:47 PM
 #5

I don’t need to tell anyone how I make my money except when lawfully required in an investigation. Why should I want to inform my family or friends how I make my money? I expect my friends and family to know from intuition what kind of a person I am, what am capable of or not and how they could come in to support and not being curious as to how as though, they question the process and integrity. It’s unstained man, they’ve got to use that for a stronghold.
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August 10, 2024, 11:25:50 PM
 #6

I don’t need to tell anyone how I make my money except when lawfully required in an investigation. Why should I want to inform my family or friends how I make my money? I expect my friends and family to know from intuition what kind of a person I am, what am capable of or not and how they could come in to support and not being curious as to how as though, they question the process and integrity. It’s unstained man, they’ve got to use that for a stronghold.
When the ops mentioned that working online, he need to specify what works he does online., Sometimes those that engage in illegal work's online can decide to be so scared of telling family about they evil deals online, but for someone like me that work hard to make my money online, I don't deserve the stress of telling anyone about the source of my earnings, but still if the need be, I am proud of my job my job and for that I won't hesitate to let anyone that care to know about it but still is no one business.
Sometimes ago one overzealous neighbor asked me what I do for a living, and my answer to her was, do you want to patronize my business and she say know, and I replied her that unless if she want to bring business deal for me that the only time we have something common to discuss and let her know what I do, so as long as you are not buying from me and you are not selling to me, I don't think anyone have the right to know my source of income or job line.

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August 10, 2024, 11:32:58 PM
 #7

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.
You are correct and I agreed with you.
It's very important to stay away from people whom you think that doesn't deserved to know your source of income except such person is a underage and is making wave for themselves, what I know is that when someone is up age couples with this our digital economy you don't need the go explain to anyone because lots of people does remote jobs at their various comforts without them sweating to make money. At that point one wouldn't go announcement to any person or even trying to force in words to people who really have been suspecting your indoors of not having to leave home for work.

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August 10, 2024, 11:48:04 PM
 #8

I have informed my family about my income long before and they are basically aware about my income long before. I usually make my income mainly with crypto currency trading, my family knows and they are quite confident about my income. But since doing all these transactions or trading is illegal in my country, my family informs me about this sometimes and I keep a small business as well as crypto currency trading. But I am not the only source of income in my family but I have more family members who are mainly involved in different incomes due to which my income can have a great impact on my family due to which my income source is not very important.

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August 10, 2024, 11:58:50 PM
 #9

I know some people working online find it hard to decide whether to let their family know about their income and its source. this problem is one of the major problem that youth working online in some countries are facing. so today we are going to talk about this.
As long as you are not involved in anything illegal, you do not need to be concerned about the opinions of other people about how you make your own money. Just as this popular proverb says, people will only demand to know your source of income when you are rich, but never your source of income when you are poor. This is the irony of life.

If you are too concerned, based on your society, that online jobs are not acceptable, you may just decide to open up a small business that is physical so that people can see that that is what you do and then get their attention away from you.

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August 11, 2024, 12:29:56 AM
 #10

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.
I know it can be something very disturbing when parents tries to figure out how their child is generating its source of income when they do not see anything visible that is the source of income. But this shouldn't be a problem because family members expecially parents will always be worried when  their child is unable to raise money for himself and they will still be worried when they see one is able to take care of  needs but not going through stress to do this. This should be a problem  that needs to  disturb ones self, the most important thing is to keep chasing the money because if the money is nowhere to be found in your pocket it will be more problem to you. Forget about what people thinks of how you survive.
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August 11, 2024, 01:10:47 AM
 #11

                               What is your say about this
There's nothing wrong in letting your family know about your source of income. So long you aren't doing anything illegal online like fraud, what there to be scared about? Most people who find it difficult to tell their families about their sources of income are usually those who engage it criminal activities and their family are solely against it. Parents who pays much attention to their kids would want to know where their child all of a sudden began to produce funds for himself. But if he is able to explain the source of income boldly to his parents then they might not be any reason to scold the child.

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August 11, 2024, 04:11:16 AM
 #12

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.
Are you what 80+ years old that no one want to ask you how much you are making or under 18 that no one thinks you are earning right now. Well maybe this topic started by OP is f some interest to some but clearly it looks idiotic to me to think how to say to your family that you are earning online, how much and what's the source of earning. I mean you are not doing anything illegal but yeah in the first phase when a youngster starts to earn they prefer not to tell their parents that they are earning but only if the parents have source of income.

If parents have no source of income the siblings have to tell their parents by contributing to family expenses and that's how they can't keep it in secret.

In my place our parents are begining their childs to do some work even online and kids are trying hard to get some work even online so they could make their parents happy. I don't think any kid here want to keep their ways of earning in secret until they are doing anything illegal.

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August 11, 2024, 05:08:06 AM
 #13

Only when I'm on the wrong side doing things that I know that whenever I'm being spotted I'll run or use something to cover up that's when I'll find it hard to let out what I do to earn my money. And we have many out there on the street that can say out loud what they do for a living or what they do to make their living. The society is rough and the economy it self isn't helping in any way especially the youth but that doesn't stop us from trying as much as we can to do things that won't implicate us, is just nice for your parents to now and be comfortable with what you do to get your money and you mustn't see it as one big thing to even give them an answer, is something you left out after all they are your parents, telling them what you do which seems to be legit gives them multiple joy.











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August 11, 2024, 05:33:04 AM
 #14

If you're an adult and you're just starting to enter the world of gambling, that's probably okay, as long as we don't allow ourselves to become addicted or greedy to gambling. Because when we become addicted to gambling and we are also adults, I think at this point the shame comes in that our parents know about it.

Others tell their parents right away, and other parents make them understand the pros and cons of gambling, whether physical or online. They also make them understand the consequences of gambling when it is excessive.

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August 11, 2024, 05:34:22 AM
 #15

Unless you are under some kind of pressure, I don't think there is a need to disclose your source of income to family. No matter how much you earn online, live modestly. Don't try to be flamboyant that's when you start turning eye bros. And depending on the family you come from - conservative or liberal, one doesn't need to give the details of their online activity. Simply say, you do freelance jobs online will suffice. My rule is to live modestly.

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August 11, 2024, 06:44:21 AM
 #16

                                   What is your say about this
These days, if you tell people that you work online, they will assume that you are into fraud. Educating people close to you about what you do is important. They have to know for your reputation's sake. For security reasons, it will be wrong to disclose your income to people you don't trust, especially if the sum is higher than what average workers earn in your country. Only your spouse or your closest relative should know your sources of income and the money you get from them.

Now it is not compulsory that I must give or assist anybody with money. Your friend gave out all he had earned and became poor; that's unwise. Let him go back to those people he assisted with money and ask for assistance, some of them will never render him any help. If you want to sustain your wealth, you have to learn how to say no to people. I can only give people what I can afford, except it is for emergencies such as health. You should always have a budget and you shouldn't exceed funds embarked for charity regardless of the pressure.

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August 11, 2024, 08:21:29 AM
 #17

I know some people working online find it hard to decide whether to let their family know about their income and its source. this problem is one of the major problem that youth working online in some countries are facing. so today we are going to talk about this.
 
 To decide whether to tell your family about your income and its source you will need to identify the things i talked about below


 First of all,             
                -know the ideology of your family member about online businesses ; to tell your family members about how you         
                 generate your income online ,you will need to define their ideology about online businesses by doing so you will   
                 know the right manner of approach you will use.some families define any online business as illegal,so if your family
                 is part of these group don't be in haste to inform them about your source of income and instead try to change their
                 ideology or perspective about that first before informing them.

Second step, those to inform and those not to inform
                -be cautious  about those you inform ; I'm talking about some family member that deep inside them don't want to
                 see you progress,if you are to inform your family about your source of income inform your closest family i mean
                 your mother,father and sibling.

Third and last step, know the amount to mention to your family
               - know the amount you mention to your family;its depend on the basic understanding of the type of family you were
                 born to,by understanding this you will know the amount you are suppose to mention to your family.some family
                 after knowing your income will impose unnecessary responsibilities on you which will stop you from achieving your
                 plans and goal while others will avoid doing that and in any way help you achieve your plans and goal.so when you
                 understand the family you belong to, you will then decide on the right amount to tell them as your income.let take
                 an instance about the importance of this.there was this friend of mine ,he was a trader he invested in bitcoin and
                 when he decide to sell his bitcoin its was at its peak and so he got allot of money from that and he decided to
                 inform his family about that .after they knew this source of income they began to bill him on unnecessary thing and
                 him thinking he got allot of money made him pay for all their unnecessary bills. before the blink of an eye he
                 noticed he was almost bankrupted and he began looking for ways to get some money to invest into trading bitcoin
                 and he got zero that was how that friend of mine became poor again and still his family didn't understand and they
                 thought he was just trying to be wicked,he later on convinced them he was poor.                               
                 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

For the country where i came from that is very conservative and stick to tradition so, Yep I get the feeling when it comes to deciding when and how to share information about my online income and sources with family, especially in cultures where traditional sources of income are scarce consider how my family might react based on on their standards and expectations. So if may I add some relevance to steps in the main topic here, some might open up to those who's reading here in forum.

First for me is maintaining privacy and security which is common in online businesses, if your online income deals a lot of sensitive information or sensitive work, that would be quite good to keep some of the information off the public radar to avoid potential risks and if you are financially independent and in control of the means of earning your income, you do need to set boundaries with regard to what you share. If you choose to talk about your business, use it as an opportune moment to discuss to your family about the nature and relevance of an online business cause if they understand it they might help you too so making sure your online business is professional and popular can help them gain recognition. And lastly especially like me that came from conservative family, the decision should be in line with your comfort zone, balancing openness too with your own limitations.

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August 11, 2024, 08:37:24 AM
 #18

Unless you are under some kind of pressure, I don't think there is a need to disclose your source of income to family. No matter how much you earn online, live modestly. Don't try to be flamboyant that's when you start turning eye bros. And depending on the family you come from - conservative or liberal, one doesn't need to give the details of their online activity. Simply say, you do freelance jobs online will suffice. My rule is to live modestly.

There is nothing wrong with not telling your family how much you earn, I think you have learned to live independently even under pressure, not telling them your actual income is the best, then you have to tell them other income that they believe and makes sense, financially, your family must be wise and humble, and be careful about the type of property you earn, from assets that are the result of your own hard work, I'm afraid that if it is told it will make family members competed and there will be social jealousy, that is what needs to be maintained so that the family remains harmonious.

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August 11, 2024, 08:40:58 AM
 #19

If you’re main source of income is through online then I don’t find it complicated to disclosed to your family unless you are doing illegal things to earn that particular profit.

I do have a regular job which is my main source of income while online side hustle just give me extra income which I don’t really need to disclose to others since I can provide enough financial help using my main job salary.

There’s no need to be ashamed about your online job if you are doing a legal job online. It’s better than being a freeloader to your family.

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August 11, 2024, 09:01:16 AM
 #20

I never hesitate to tell my family about my income source because they are already aware that I do some kind of work or work that gives them money to support family expenses. I am currently learning on the job as well as freelancing even trading cryptocurrency coins at various times which my family is already aware of.

At first I was afraid to tell them that I make money online. I was afraid that if I told them this they might say that I am earning it illegally but after explaining everything to them they accepted it. When I helped my father in my family business with the money earned from crypto, they knew or understood that I helped them with the money earned from online. Also I don't want to do something that earns money but I can't tell my family.

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