Should I tell my friends how much money I have?

Should I tell my friends how much money I have?

Reveal income if your income is equal to the median income of your peer group (industry, level, experience) up to +15\% over. If you are making any more, then it’s probably best not to reveal and speak in generality. Any income below 115\% of the median income of your peer group is fine.

Is it okay to tell your friends your salary?

“Yes, you can most certainly talk about your salary and what you make; however, my advice is to keep that info to people you know, love and trust,” Swan adds. There are legit reasons to take the salary talk out of the shadows, especially in the workplace.

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Can you tell someone your salary?

Your right to discuss your salary information with your coworkers is protected by the federal government. According to The New York Times, the National Labor Relations Act states that employers can’t ban the discussion of salary and working conditions among employees. Only your coworkers can tell you their salaries.

Is it rude to talk about salary with friends?

In the US, it’s generally considered inappropriate / rude / tacky / a bad idea to discuss your income. This is just one of those things that’s drilled into you, like chewing with your mouth closed. Even if someone doesn’t judge you for your salary, they’ll judge you because you’re talking about it.

Why is it inappropriate to discuss salary?

Conversations can evoke feelings of jealousy and inequity among co-workers who most likely are unaware of the reasons for salary differences, including education, experience and training. Suspicion, distrust and other negative emotions often result from salary discussions and seriously affect company morale.

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Why you shouldn’t talk about your salary?

“Employers hate it when employees discuss salaries because it exposes discrimination and other unfair pay practices,” she says. “If your employer has a written policy or contract prohibiting salary discussions, you can report them to the National Labor Relations Board.”

Is it okay to lie about current salary?

The Honest Truth on Lying About Your Salary in Interviews. Muse Career Coach, Theresa Merrill, advises people to be honest about their current or past salary. Misrepresenting anything about your work history in an interview or on an application is “unethical,” and therefore unadvisable.

Do you have to tell your friends how much you spend?

You don’t need to tell your friends how much you spend either. Jorie says, “Try to brush off the question politely by saying something like, ‘I’m bad with remembering prices.’ As for the apartment, try, ‘I negotiated.’

How do you tell someone how much money you make?

Never tell anyone how much money you make. The other strategy is to provide a wide range below and above his or her salary so as to appease some of his/her desire to know, without making them feel unsatisfactory. Look around at the most financially successful people out there.

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How do you deal with people who ask how much money you make?

Practice Stealth Wealth! If you must share info given the other party has bared their soul, talk in percentages and temper them while you are at it. Never tell anyone how much money you make.

How do you politely tell someone the price of an apartment?

As for the apartment, try, ‘I negotiated.’ If someone keeps pressing for the exact amount, I think it is fine to politely say, ‘I don’t want to focus on the price of the apartment.’” Your friend should get the message loud and clear.