Should i tell my family i recently came in to a bunch of money?

Recently I came in to ALOT OF MONEY, and I’m not sure if I should tell anyone in my family. I’m afraid it might change things and become a problem.

No 32
Yes 7
Help us keep this site organized and clean. Thanks!
[ Report Post ]
Comments ( 36 )
  • Cuntsiclestick

    The fact that you're worried means you should say nothing. When things like this happen the moochers will come out of the woodwork trying to guilt trip you into giving them a slice of the pie.

    Comment Hidden ( show )
      -
    • RoseIsabella

      I would certainly wanna keep all of that shit a big fat secret.

      Comment Hidden ( show )
        -
      • Cuntsiclestick

        I'd keep that shit a secret too. There's too many ghetto ass deadbeats, theives, and druggies in my dad's side of the family. XD

        Comment Hidden ( show )
          -
        • leggs91200

          Yo are assuming they would mooch? Maybe the dead beats, thieves, and druggies would say, "No I don;t want any of her money, i would prefer to earn it myself".

          You never know.

          Comment Hidden ( show )
            -
          • Cuntsiclestick

            I know because they've done this shit before. Someone they knew would get money from a lawsuit, scratch off, or inheritance and they'll hang around with the person acting like they give a shit. Once the money's gone they drop the act and leave. This is why I would keep my mouth shut. Lol

            Comment Hidden ( show )
              -
            • leggs91200

              You know I was joking around.
              I think most families are infested with one or more members who are bad news.

              Comment Hidden ( show )
      • McBean

        I have trouble with certain in-laws who know my net worth. They are so clueless they don't understand why I do everything I can to avoid them. The stupidity that certain people show about money and investing just baffles me.

        Comment Hidden ( show )
          -
        • RoseIsabella

          Well, didn't you say that you are a widower? I mean if you're are widowed couldn't ya'll just drift apart, and eventually become estranged? I've become estranged from most everyone I used to know, it's natural for me.

          Are they asking you for money? You don't owe them a damn thing. What are do they doing? Sorry, but I'm curious.

          Comment Hidden ( show )
            -
          • charli.m

            Everything that user says is make believe. Don't worry about it

            Comment Hidden ( show )
          • McBean

            Yes, I'm a widower. I have become estranged from two of my three children, and from two of my four brothers and sisters. Actually, I really only enjoy visiting with my one younger sister who has a higher net worth than I do.

            I'm curious too. These in-laws seem to think they are entitled to money for no reason. And, that having money requires no obligations, or risk/reward planning. One sister-in-law hounds me for $150K to put an addition on her house. (I tell her she must sell her house, and use the money to buy a Tastee Freeze ice cream stand; that she'll get nowhere without generating revenue.) These daughters-in-law and sisters-in-law have the same simple minded notions toward money that kindergarten kids seem to have.

            The problem with extended family is that over time, they can estimate your net worth with reasonable accuracy, based on your career positions and what you don't spend.

            Comment Hidden ( show )
  • Ummitsstillme

    Only if you plan on giving them some

    Comment Hidden ( show )
  • Tealights

    Please don't. Save all your money in a trustworthy account that only you control, and just live life normally with complete financial security.

    Comment Hidden ( show )
      -
    • McBean

      Good idea. A made up job is also important to deflect suspicion of independent wealth.

      Comment Hidden ( show )
  • I don't think you should tell them directly.

    If you know some people in your family who actually need money, you could say you have "some" or "a little" extra and offer to help them, if you want.

    You're certainly not obligated to do more. Even if you do want to give them extra gifts, I think you should use the same vagueness if they ask about your money situation.

    It's not necessary to lose a huge chunk of your money, or go through the bullshit, guilt-tripping, and gold-digging that would come from announcing your wealth.

    Comment Hidden ( show )
  • SwickDinging

    Depends... Are you planning on gifting them anything (not saying that you should, it's entirely up to you and depends on your family!)If so then I would maybe say something.

    If you aren't planning on sharing the wealth then why bother telling them, it will only cause grief. I see no benefit.

    Comment Hidden ( show )
  • donteatstuffoffthesidewalk

    dont tell the irs either

    Comment Hidden ( show )
  • If your worried things will change and cause a problem then they don’t sound like people who can handle it well. May be better to not take a chance at that.

    Comment Hidden ( show )
  • leggs91200

    Just don't do what a lot of middle class people do - they brag about money they have yet complain about their bills in the same breath.

    Comment Hidden ( show )
  • sissycakes

    i am not saying to give your family every dime, but if your family is good to you or was good to you and was never terrible maybe helping your family out would not be so bad. also, giving to charity is not such a bad idea either.

    Comment Hidden ( show )
  • RegalFire

    Don't tell anyone.

    Comment Hidden ( show )
  • RoseIsabella

    What would be the reason to actually tell people that you have come into money?

    Comment Hidden ( show )
  • Mehereok1

    Don't tell them, but..If you want to do things for them, or maybe pay off financial favors they've done for in time of need, do that. Stash most for yourself, and explain, if asked, your doing things and payback as "doing better at work". Be nice and helpful, but no need to show your entire hand. The vultures will swarm if you do.

    Comment Hidden ( show )
  • 19sammi91

    I'm mixed on this.. it depends on a couple things if you dont mind me asking...
    A: How old are you?
    B: How did you get the money?
    C: How much is "a lot"?

    If your answers are:
    A: between 16-18 (whatever the legal adult is there) and say 25
    B: illegally (or even legally depends on how you got it??)
    C: 2500+ in what ever currency you are

    Then in my opinion.. no do not tell them cause A: that's your money as you are an adult (if any younger I personally probably wouldn't anyways lol) B: point exactly.. who knows how they're gonna react and C: same as B (lol)

    Comment Hidden ( show )
  • NoLifer

    Depends are they good people? Do they do anything to help you? If not screw them and say nothing

    Comment Hidden ( show )
  • karmasAbich

    I wouldnt say anything.

    Comment Hidden ( show )
  • curious-bunny

    Don't tell anyone. It's funny how slippery your driveway gets when you have money

    Comment Hidden ( show )
  • kelili

    Don't say anything. I've recently cashed a big cheque and I didn't tell anyone.

    Comment Hidden ( show )
  • brutus

    Don't do it.

    Comment Hidden ( show )
  • BlackCandle

    I wouldn't.

    Comment Hidden ( show )
  • RoseIsabella

    No, you aren't obliged to tell anyone about yo money situation. Mo money, mo problems.

    https://youtu.be/gUhRKVIjJtw

    If there's a shadow of a doubt, then that's doubt. You ain't got to tell no damn body bout yo money situation except for an accountant, and or a tax attorney.

    Comment Hidden ( show )
  • LornaMae

    Was that legal? Haha. I dunno, maybe it depends on your relationship with your family...

    Comment Hidden ( show )