Should we tell our parents how much we earn?

The answer to first question i.e Do you tell your parents about your salary is No. I don’t tell anything to them about my office work by my own . But sometimes they do ask whether did you get any promotion ,when you will be getting next . They just wanted to ensure whether I am happy with what I am earning now or not.

Is it rude to discuss salary?

Discussing Salary It’s rude to ask how much money someone else makes, and it’s also rude to share how much money you make (unless there is good reason to do so, i.e. someone is looking for a job in your field and wants to know a typical salary range). “This can make people feel uncomfortable,” Porter said.

Why should you not ask a man his salary?

Man does not want to disclose his wages because of the fear that by doing so either he will fall in the eyes of the people who think it is too small or they who think it is too much will ask him for financial help.

Should I talk about my salary?

Yes, it’s legal to discuss your pay with coworkers. They say employers strive to keep workers from talking about money so they can continue to pay them less. This law restricts private sector employers from creating policies that prohibit wage discussions.

What is the criteria to determine the salary of a parent?

However, regarding parents under private employment or private business, annual income is the main criterion. Nevertheless, salary and income from other sources should be considered separately. The main point here is to treat income from salary and income from other sources separately.

Do you view your partner’s salary as ‘your money?

“One of the most common issues I see is that the person who earns less views the breadwinner’s income as ‘our money,’ but considers their own salary ‘their money,’ ” says Deborah Price, author of ” The Heart of Money. “If left unmanaged, this attitude can start to fracture the relationship.”

How do you manage your money when you’re the lower earner?

One strategy, says Price, is to have the lower earner manage the household budget—and help decide who’s going to pay for what. “Often, [individuals who exhibit this behavior] tend to be avoidant about financial matters,” Price says. “But in order to move from a place of helplessness to empowerment, you need to be knowledgeable about money.”