One of the things I admire about the personal finance blogosphere is the willingness of so many people to share their stories. It heartens me a great deal to see people pay off debt, make successful investments, become financially independent, or even wealthy. I admire their willingness to take a risk, to bear their souls to the outside world for everyone to judge.
In doing so, I think, unfortunately, some people take information that is out there and make snide remarks about a person who is trying to right their financial ship or the success that they have had. I am not saying it is the majority of people, but unfortunately it seems we have a bunch of haters out there who can’t understand that with hard work, a little sacrifice, and even luck, you can actually save, invest, pay off debt, and live a good life and you don’t need to make millions of dollars to do so.
In this blog, I have tried to do some of that. I openly share how much debt that I have (not necessarily “we” have because I promised Mrs. ROB I would keep portions of her financial picture, even though it is our picture, out of my blog and I will continue to honor that request). When I say “I” I really do mean “we.” Mrs. ROB and I own the house together, but technically the mortgage is in my name. Additionally, my student loan debt and personal loan is in my name, but I consider it our debt. I have no problem telling people how much we owe and chronicling the stupid mistakes I have made because I think there are valuable lessons there for people to learn.
Why Don’t I Reveal More?
So I have revealed the debt side of things, but I haven’t revealed how much I have in investments or how much our house is worth or my overall net worth. And that, for me, has been bothering me for awhile. Why don’t I reveal more? Is it because I don’t want people to know how rich or poor we really are? Is it because I don’t want to get hate mail from others (not that I would)? Why can’t I be like some of my favorite blogs and reveal how much I have in my investments? What is the harm? I mean if people have problems with it or tell me that I am off track and I need to save more or whatever isn’t that on them? What am I scared of?
The truth is I don’t know. I don’t know why I can’t/won’t reveal more information. It isn’t like people can take it out of the bank. I know it sounds like a small thing, but if I am going to be truly authentic then shouldn’t I reveal the entire financial picture, at least my side of it?
Maybe I am overthinking this? But I will have to ruminate on this more and come to a conclusion? For those of you who read this blog (and there a couple of people) what do you think? Should I reveal more info? Would it hurt? Or am I overthinking this and just being paranoid?