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Author Topic: how to inform your family about your source of income  (Read 1404 times)
martinex
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September 20, 2024, 07:01:28 AM
 #221

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.

Maybe if the condition of one of the family members is considered less able, subsidies/first aid still come from the family members themselves, with the note that they are asked or not. However, if all are in a good economic condition, the assumption of borrowing and lending must exist, but in a small category, the volume and duration of repayment will also be on time.

In providing assistance, the emphasis is also not free from propriety and does not interfere with routine monthly expenses, meaning that it is truly a safety fund that is issued for subsidies

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September 20, 2024, 09:22:26 PM
 #222

I like that last statement, if you give them idea if how much you are earning then the obligation for paying bills will be the next thing that you'll see coming, if they have the idea then they will put more for your monthly or sometimes even the daily as you are in the house and they'll think that you need to help, sometimes it's best not to let them know and just give whatever you can afford to help, in terms of other concern it will be on you if you want to share and if how vocal you are from your family.

It is better tell them the exact amount you are earning I total I agree with you because the moment they know they will just want to shift everything to you and that is not going to favor you because you will be dependent on even with you own money again they will always want you to do more than them financially because they might feel you have little money problems and if not for the selfish interest of people why will you think because someone is earning well the person does not have a problem. Even people that we look up to that we think are rich have their own problems. As far as you are working and you are in the house they will want you to contribute but when they don't know what you are earning they won't be able to ask for much and that is why keeping the amount I better.

And I know that their are people that even their wife don't even know the amount of money they are earning just because of the nature that women have of always wanting to spend because no matter the amount you leave for a woman they are still going to spend it and that is why we have to be very careful of the kind of information we are leaking out especially if we have a good job, they might been having a feeling that it going to huge but they won't be able to ask how much is your pay, as far they can ask then I have to keep it to my self, since am the one doing the work it is best known to me.


I feel you, that last statement about wife not to generalized but it's true, there are people who don't disclose their monthly earnings to their wife as they don't want to run out of budget after, but moving back to the actual concern it's more on your self decision as you needed to balance to whether you are willing to share the information as long as there's no illegality to where you get your money,  as there are many available platforms over the internet,  it's just on how you explain and the way you shared the information that matters.

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September 23, 2024, 04:20:10 PM
 #223

For me I don't think that it is relevant for you to inform your family your source of income except the wife because informing your family your source of income is like someone who is letting everyone in the family to know the method he or she applies to make money so I don't think that it knowledgeable from my own understanding of investment method and also a business method because not everyone in your family can be happy for you to succeed in life I'm not everyone that we like you to be great for life so that is why it is not good to review your source of generating income to your family people
You are probably referring to the extended family because I don't see any reason why your siblings or your parents wouldn't be happy for you if you are earning money while sitting at home. I work online as well, and my family has always been happy and supportive about it. I never needed to explain much to them, but when I withdrew my first earnings from my online work, that was enough to make them realize that I wasn't just wasting my time sitting in front of my computer all the time.

At first, your family, especially the elder ones, would think that you might be playing games or watching movies if they see you using laptop or computer all the time, but if you show them that you are earning money from the time you are spending then it becomes understandable for them and then they would never say anything to you regarding it.

As for the extended family, you don't need to tell them anything.

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September 23, 2024, 06:04:14 PM
 #224

At first, your family, especially the elder ones, would think that you might be playing games or watching movies if they see you using laptop or computer all the time, but if you show them that you are earning money from the time you are spending then it becomes understandable for them and then they would never say anything to you regarding it.

As for the extended family, you don't need to tell them anything.
I agree with this… I think that income is personal and they have the right to privacy and they do not need to tell their family about that income. Even when you are a student, when you go to work, when you have a family, I think it is right not to disclose your income to your family or relatives. Sometimes when you encounter difficulties, you share with your family, that is natural?? But the issue of sharing income with family and relatives should or should not, there are many problems that can arise. There are people who will use income as a measure to evaluate you and your family - I have met them and it has caused many conflicts. So, for me personally, I do not share.

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September 24, 2024, 05:07:14 AM
 #225

At first, your family, especially the elder ones, would think that you might be playing games or watching movies if they see you using laptop or computer all the time, but if you show them that you are earning money from the time you are spending then it becomes understandable for them and then they would never say anything to you regarding it.

As for the extended family, you don't need to tell them anything.

That's true but when it comes to parents I don't feel is all parents that would understand even if it has to do with money, you still need to explain further than you just said because some parents prefers to see you walking out every morning like every other young individual with some files and other things that's when they'll believe you without you saying much, just tell them you're going to work and that's it.
For the young ones they are the ones you can easily tell without thinking if they'd believe at first explanation or not because they have a more open mind that these sit at home job do exist, as for extended family I agree with you and I don't think such information should be disclose to them even in the dream😏.











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September 24, 2024, 08:43:17 AM
 #226

My advice is to avoid telling them. Some parents just won't understand. And if you do share your income, they'll likely assume how much you should be saving。
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September 24, 2024, 09:22:33 AM
 #227

In my opinion, the way to tell our family about our source of income can be done gradually and honestly. For example, by explaining what job we do, starting from how the system works and the amount of income earned. If for example our family sometimes does not understand our type of work, try to convey it in simple and easy-to-understand language. The most important thing is to be transparent and show that what we do is legal and brings benefits for the future.

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September 24, 2024, 11:02:01 AM
 #228

In my opinion, the way to tell our family about our source of income can be done gradually and honestly. For example, by explaining what job we do, starting from how the system works and the amount of income earned. If for example our family sometimes does not understand our type of work, try to convey it in simple and easy-to-understand language. The most important thing is to be transparent and show that what we do is legal and brings benefits for the future.

In the side where you just needed to being honest then yes that's how you need to approach just let them know what and how you deal with your source of income, as long as it's not illegal and we are making more out from it then maybe interest may take place and your relatives may get attract and who knows maybe they also get attached and start engaging following your footstep to also earn out of it.

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September 24, 2024, 02:58:16 PM
 #229

In my opinion, the way to tell our family about our source of income can be done gradually and honestly. For example, by explaining what job we do, starting from how the system works and the amount of income earned. If for example our family sometimes does not understand our type of work, try to convey it in simple and easy-to-understand language. The most important thing is to be transparent and show that what we do is legal and brings benefits for the future.
it will be difficult to present with my family members about source of income, because they have no idea about cryptocurrencies and other online income, they don't know how to use crypto, i never hold big amount of assets in my wallet, my 70% money in the bank deposit and if something wrong happened with me, then my family can easily will get back my money from bank because my bank nominee from family members.

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September 24, 2024, 03:28:32 PM
 #230

In my opinion, the way to tell our family about our source of income can be done gradually and honestly. For example, by explaining what job we do, starting from how the system works and the amount of income earned. If for example our family sometimes does not understand our type of work, try to convey it in simple and easy-to-understand language. The most important thing is to be transparent and show that what we do is legal and brings benefits for the future.

Yes, the point is to be honest and transparent if the work you are doing is a normal or legal activity in your country and also if it is a type of work that benefits each other between you and the owner of the work, then I think it will not be a problem for your family as long as as you said, you must be able to explain it simply but in detail and clearly.
Something that your family definitely wants to know is how you make money and what you do so that you can make that money, and the point is if your type of work is a normal, halal and legal job in your country, then I think there should be no obstacles or delays in being open to your family, unless otherwise.

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September 24, 2024, 05:08:19 PM
 #231

My advice is to avoid telling them. Some parents just won't understand. And if you do share your income, they'll likely assume how much you should be saving。
In the family nothing should be done without the permission of the parents especially earning bitcoins. Whatever you do in life you must share with your parents.  If you try to convince your parents well they can definitely help you regarding your income.

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September 26, 2024, 04:00:49 PM
 #232

In my opinion, the way to tell our family about our source of income can be done gradually and honestly. For example, by explaining what job we do, starting from how the system works and the amount of income earned. If for example our family sometimes does not understand our type of work, try to convey it in simple and easy-to-understand language. The most important thing is to be transparent and show that what we do is legal and brings benefits for the future.
it will be difficult to present with my family members about source of income, because they have no idea about cryptocurrencies and other online income, they don't know how to use crypto, i never hold big amount of assets in my wallet, my 70% money in the bank deposit and if something wrong happened with me, then my family can easily will get back my money from bank because my bank nominee from family members.

If in your family members do not understand well about crypto then choosing to teach them is certainly better and I think if you explain well slowly they will be able to understand it and if they want to be involved in making money in this field it will certainly be very good to be able to increase their income, for now I think most people will prefer to keep their assets in the form of crypto rather than saving in the bank And even most people nowadays only keep their money in the bank for their emergency needs and daily needs only, the rest of them will choose to invest their assets in crypto, but if you prefer to keep more of your assets in the bank I don't think any of your family members you can give you an understanding of crypto.

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September 27, 2024, 06:53:16 PM
 #233

In my opinion, the way to tell our family about our source of income can be done gradually and honestly. For example, by explaining what job we do, starting from how the system works and the amount of income earned. If for example our family sometimes does not understand our type of work, try to convey it in simple and easy-to-understand language. The most important thing is to be transparent and show that what we do is legal and brings benefits for the future.
it will be difficult to present with my family members about source of income, because they have no idea about cryptocurrencies and other online income, they don't know how to use crypto, i never hold big amount of assets in my wallet, my 70% money in the bank deposit and if something wrong happened with me, then my family can easily will get back my money from bank because my bank nominee from family members.

If in your family members do not understand well about crypto then choosing to teach them is certainly better and I think if you explain well slowly they will be able to understand it and if they want to be involved in making money in this field it will certainly be very good to be able to increase their income, for now I think most people will prefer to keep their assets in the form of crypto rather than saving in the bank And even most people nowadays only keep their money in the bank for their emergency needs and daily needs only, the rest of them will choose to invest their assets in crypto, but if you prefer to keep more of your assets in the bank I don't think any of your family members you can give you an understanding of crypto.
There are ones or individuals who would really be that tactful or someone who do really opens out into the things that they are dealing on with and there are ones who dont really tend to share up on what they are really that been involved into specially if this one involves making money then it will really be just that up to you whether you will be teaching them about on what crypto is all about or would really be focusing on what they are really that currently dealing. In speaking about if your family would be able to observed it out on what you are doing and since you are really that being independent on buying things since you could be able to afford. It will really be that normal that they will really be that asking out on what are the things that you've been involved with. We do know that family members are really that too observant on things on which if they do seem that its already that obvious.

Totally depends on the situation on which if you do find out that its a bit complicated on sharing up things with them then you could really always opt in not to tell on what you are currently dealing with
and just remain silent or making up some few explainations or alibis on where you are been involved into. Theres no harm or bad to not to share up some secrets on which its none of their business
on what you are dealing into. Just make it sure that it doesnt really affect out the family entirely.

R


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September 27, 2024, 07:16:30 PM
 #234

My advice is to avoid telling them. Some parents just won't understand. And if you do share your income, they'll likely assume how much you should be saving。
In the family nothing should be done without the permission of the parents especially earning bitcoins. Whatever you do in life you must share with your parents.  If you try to convince your parents well they can definitely help you regarding your income.

Some people tell their families about their sources of income, while others don't. The important thing is for people to support their families. Providing information about your source of income and having your family comment on it can help you see things from a perspective you can't see and you can start earning more income. It's good to talk about these types of issues with people you trust and your family.

Some people don't tell anyone about their sources of income, but they always support their families and their surroundings. Having the necessary information and ensuring the continuity of their sources of income should be people's priorities. How you use your source of income is important.

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September 30, 2024, 11:37:46 AM
 #235



Some people tell their families about their sources of income, while others don't. The important thing is for people to support their families. Providing information about your source of income and having your family comment on it can help you see things from a perspective you can't see and you can start earning more income. It's good to talk about these types of issues with people you trust and your family.

Exactly, it's nice to hear insight from those people who you do trust, with their inputs you might learn something though not in the sense where you are earning it but moral information that might help you to improve more.

Quote

Some people don't tell anyone about their sources of income, but they always support their families and their surroundings. Having the necessary information and ensuring the continuity of their sources of income should be people's priorities. How you use your source of income is important.

It's a choice to make, as long as you are not doing any illegal and you do things in a responsible manner then there's no guilt inside you and there's no obligation that will force you to provide details of your income.


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September 30, 2024, 12:20:26 PM
 #236

Quote from: asrinur
In my opinion, the way to tell our family about our source of income can be done gradually and honestly. For example, by explaining what job we do, starting from how the system works and the amount of income earned. If for example our family sometimes does not understand our type of work, try to convey it in simple and easy-to-understand language. The most important thing is to be transparent and show that what we do is legal and brings benefits for the future.
Since you know the kind family you came from, that if you tell them your source of income, it will not hot your source of income in the future, you can go ahead and tell them your source of income and how it work for those that invest on it. You don't need to tell the amount of money you earned per month or week because you don't know the mind of your family members in money aspect, because there are some amount of money you will call and it will make them to be jealous of your source of income which it can make them to plot or plan evil against your source of income.

If your family are educated, I guess it will be easy for them to understand your explanation about your source of income through Internet, and they will believe in your explanation because people are more use to Internet to study these days than physical books.

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September 30, 2024, 06:33:29 PM
 #237

My advice is to avoid telling them. Some parents just won't understand. And if you do share your income, they'll likely assume how much you should be saving。
In the family nothing should be done without the permission of the parents especially earning bitcoins. Whatever you do in life you must share with your parents.  If you try to convince your parents well they can definitely help you regarding your income.
Oh wow! You really did say that!! Don’t mind my asking but, your some kid or something??? You mustn’t answer that though but, am sure you know there comes a time in life when you ought to take lone decisions that would direct how the remaining phase of your life is run.

By the way, how do you expect some of these old forks to understand what Bitcoin is about? It’s not something of there generation and as such, it’s always going to be abstract to some which means, there ignorance could be a hindrance to your forwardness if they don’t agree.
Would you really let that happen to you?

So long as it’s not illegal, your okay. That’s how I see it and it’s not compulsory you announce yourself.
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September 30, 2024, 10:24:20 PM
 #238


Quote from: asrinur
In my opinion, the way to tell our family about our source of income can be done gradually and honestly. For example, by explaining what job we do, starting from how the system works and the amount of income earned. If for example our family sometimes does not understand our type of work, try to convey it in simple and easy-to-understand language. The most important thing is to be transparent and show that what we do is legal and brings benefits for the future.


By convincing your family about the income you earn, that is the best way for them to think positively about your income so far, that way the family can understand it, because by telling them your income they will not ask about your income repeatedly and make you comfortable.

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Today at 04:13:29 AM
 #239

By convincing your family about the income you earn, that is the best way for them to think positively about your income so far, that way the family can understand it, because by telling them your income they will not ask about your income repeatedly and make you comfortable.
That only applies if all of the family members are understanding. But there are families where one or two of the family members are not understanding. They'd ask you for everything that they don't have yet because they know that you're earning decently. You have the choice not to allow them to know how much you are earning because we're all soft if it's about our family, we don't want them to suffer hardship but we work hard for them.
And that's why all you need to do is to keep it for as long as you can and save on purpose for your future and just help them when they're in need. You don't have to tell them everything about the figures you earn.

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Today at 05:49:36 AM
 #240

In my opinion, the way to tell our family about our source of income can be done gradually and honestly. For example, by explaining what job we do, starting from how the system works and the amount of income earned. If for example our family sometimes does not understand our type of work, try to convey it in simple and easy-to-understand language. The most important thing is to be transparent and show that what we do is legal and brings benefits for the future.

While I do agree that transparency is important, but it's not only a matter of transparency, it's  also about how much the person you're talking to would understand. And trying to bridge that gap by simplifying it helps a lot, focusing on the value of the job and whether it is legal or otherwise. The comfort level regarding the disclosure of income is different for every person, and it depends a lot on the cultural and upbringing factors. In fact, experts say it's okay to explain your job and income over time, rather than all at once. It's often less overwhelming this way for family members who may not understand your business or industry. A good mix of disclosure and discretion can prevent awkwardness from occurring in the first place, where a misinterpretation could arise.

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