Skip Nav
Namaste Your Money: 5 Spiritual Practices That Can Help With Your Finances
6 Ways to Make the Absolute Most of Your Summer Internship
Budget Tips
31 Ways Real People Make Extra Income

Do You Know How Much Your Friends Make?

When it comes to my bank statements and my Facebook updates, I like to keep the two separate. I don't advertise how much I'm making, and for the most part, the rest of my friends stay pretty mum on their salaries as well. We all have a pretty good idea of how we spend money, so there's no real need to get into the nitty gritty of it. I guess, then, I was a little surprised to see an acquaintance update her Facebook status with a big announcement about a raise at work. Her self-congratulatory message touted the dollar amount of her pay increase, and in case anyone missed it on FB, a mutual friend also informed me that she sent an email to about 10 of her good friends to share the good news, and all of the financial details.

I'm all for sharing good news with friends, but sharing salary specifics is something I'm not likely to do. Still, after talking to some girlfriends, I found that it wasn't uncommon to have friends get very personal about their salaries, bonuses, and other money and paycheck talk. So, where do you stand? Do you know how much your friends make, or is this kind of sharing a little too much, even for good friends?

Join The Conversation
luna08 luna08 7 years
My sister has a general idea, and one friend (the type of friend that you can talk about all the good stuff with, without judgment) knows exactly. My parents probably know within the $10,000 range. I work with a lot of friends, including my landlord, so it's always been a mutually taboo subject. I actually save so much, and budget so well, that people assume I make much more than I do.
amber512 amber512 7 years
My best friend and I work together so we know one another's salaries. And for me, what I make isn't a big deal. Mostly because it is minimum wage. I know it differs state to state, so really even saying that doesn't give you all an exact dollar amount. But I don't know what my other friends make, I wouldn't ask, and I don't really care as long as they are happy!
chloe-bella chloe-bella 7 years
I generally know what my friends make, but they don't know my salary (partly because I make twice as much as them and would feel weird saying). Recently, one of my friends was going through a tough time at work, and she shared with me that she was frustrated because she was still making less than $40k per year. So when she did share a specific amount with me, it was because she was looking for advice and sympathy, not because she wanted to brag about it. On the other hand, my old roommate, who I am NOT friends with any more, got a new job and bragged to anyone who would listen about the specific amount of money she would be making. I never figured out why she thought doing so was socially acceptable, and it was really annoying.
GlowingMoon GlowingMoon 7 years
No. Besides, some of my friends are from well-to-do families, and they acquired assets by that means, so their salaries are just a component of their personal finances, and arguably a non-primary component for that matter. While I do not know their salaries, it's fairly unimportant, in my opinion.
hibiscus96818 hibiscus96818 7 years
Generally, I keep that information private, but I do have two very close friends who know the because she is my roommate, and the other because he handles all my investments and is my financial guru.
goddessru goddessru 7 years
For some reason, my friends tell me very openly what they make. But I personally don't share this information with very many people. 1st, I don't think it's a classy conversation to have (for myself, I just don't discuss things like that). 2nd, I feel people judge others by this amount at some point after learning it, and I don't feel like being judged by something like that. Particularly for me, I am young and for my age am doing very well, but I try not to flaunt that in any way to anybody. I believe it's deserving, a personal accomlishment, and I've worked hard for it- but it no way do I ever try to brag. People assume all the time and I just laugh it off. Only my husband and one friend knows how much I make.
sourcherries sourcherries 7 years
I have an idea because a mutual friend let it slip. That said, I am kindof warming to the notion that while, not posted on a facebook page, it should be discussed more openly to engage women in financial fitness.
lilkimbo lilkimbo 7 years
I'm with you ladies. I have a general idea of what my friends make (when you're around people all of the time, it's hard not to have some sort of idea). But, I've never discussed exact amounts with anyone except my sister, my parents, and one close friend of 20 years (and there was a specific reason for that, but it's complicated and I'm not going to get into it here). I guess I don't mind telling people with whom I'm close what I make if they have a reason for wanting to know (other than mere curiosity), but it's not something that comes up often. For some reason, though, how much I pay in rent comes up all of the time, but I think that's just because it's ridiculously high and my friends from other cities are always shocked at my high rent!
skigurl skigurl 7 years
I'm with you savvy - I think we all have an idea, because we know what field we're all in, we know (in some cases) how much someone's house cost (spoken about under the context of real estate and helping friends out who are buying homes soon etc.), what people's spending habits are etc. and people imply certain things but I've never ask or never told my friends about salary! It's also easy to pick up things like the fact that a friend has credit card debt or another is paying student loans, because that sort of thing is sometimes dropped in conversation But to share intimate details about salary? especially on facebook? that's just weird. I just got a promotion and anyone in government would know how much I know make as it's on the internet for anyone who cares enough to look for it, but generally, friends and family would know I got a raise but wouldn't know how much money I make (except my parents and my boyfriend). If someone asked me, and I was close enough to them, and they were asking under a normal pretense like they wanted to get into my line of work or wanted to discuss if they could afford a mortgage, I would tell them - but it would have to be someone close, who wouldn't go blabbing it, someone I trusted, and for a valid reason. Otherwise I'd ask why they care.
Managing Money as a Couple
Best Things to Do With Company Retirement Plans
What Should I Do With Extra Money?
Making Extra Income
From Our Partners
Latest Career & Finance
All the Latest From Ryan Reynolds