Social Approval, PF Blogging and Honesty

by Dual Income No Kids on June 14, 2006 · 2 comments

The impression I’ve been getting is that not everyone feels discussing personal finance on the internet is appropriate. For example, Miel’s ex-boyfriend recently found our blog and thought it was crass that we put so much personal information on-line. Some of our friends have also been concerned that the amount of disclosure we have on our blog might potentially cause conflict. For example, one of our friends said that someone might become jealous or feel slighted if we refused a request for money.

Not only that, I’ve noticed that sometimes when I tell people about our blog, sometimes the response is “Oh geeze, I’ve got to start taking care of my finances a little more” or sometimes I’ll just get an embarrassed silence.

I think this is a shame. Why, you might ask?

Its because honesty is a predicate for success. Specifically, if you intend to get ahead financially, its a lot easier if you’re willing to discuss your money openly and honestly. For me, this means not disguising my identity on-line and it means truthfully revealing information like my net worth or income (with a reasonable degree of safety of course). Generally speaking, a lack of willingness to share ones financial information means its harder to be truthful about ones finances and accordingly to get ahead in today’s world.

Best,

James

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{ 2 comments… read them below or add one }

1 Anonymous March 8, 2010 at 11:14 pm

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right!

2 Anonymous March 21, 2010 at 3:32 am

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