Opinion on Telling the Income In House

MyRealNameToo

dannydav07 said:

Just wanted to get people’s thoughts on this. Do you think it’s a good idea to tell your family members your actual income, or is it better to mention a bit less to help with money saving?

Some people say being open keeps things honest and makes budgeting easier, while others think saying a lower amount helps avoid unnecessary spending or expectations.

What’s your take, full truth or a smart white lie for better saving habits?

What "family" are you talking about? Spouse? Yes, 3rd cousin twice removed, probably not. 

Not sure how lies would make for better saving habits? At the end of the day if I drive to see my uncle he's going to see I drive an expensive car so telling him I've been on the dole for the last decade isnt going to be believed. My family will ask for a ride in the car, happened a few times, but won't expect us to pay for dinner or anything... in fact have only once managed to pay for dinner for my uncle and that was only because the bill arrived whilst he was in the toilet, all other times he's insisted on paying for us.