Wednesday, March 15, 2006
Why Is Income Such a Big Secret?
I've noticed that most financial blog sites don't reveal income. I thought that was interesting. PFBlog.com writes about why he doesn't do it here. Bloggers have anonymity, and bloggers can talk about our net worth, yet income is taboo? I'm not quite sure why that is. I've actually debated whether to disclose my income, but having to over come my hesitation on posting my net worth is step 1, I guess. There are some good arguments in favor of posting incomes, such as being able to correlate savings rates to income. Or does posting your income really just "show off"? In due time, I may post my income. Any opinions on why income is not revealed?