Maybe It’s Genetic?
My parents do not know this blog exists. If they did, they’d probably yell at me for sharing all this financial information with the entire world. I mean, some guy in Estonia knows much I spent on groceries last month.
But, when talking to my mom today, somehow the conversation turned to school and money, etc. I ended up telling her that on the side I make almost $100 a month from interest from borrowing free money off credit cards. I expected her to call it risky and me stupid. Instead, she told me that she did almost the exact same thing - to finance my education. She would borrow money at 0% APR to pay off my tuition bills instead of having to pay interest to unsubsidized loans. She has pristine credit history and some huge credit lines! Anyways, I thought that was hilarious.
November 14th, 2005 at 8:35 am
I was worried for the example exact reason, especially when the NYT article came out, but my parents turned out to be cool with it.
November 14th, 2005 at 9:41 am
And do your friends know the blog exists? I’m curious about whether other PF bloggers feel uncomfortable sharing all their financial data with everyone they know.
November 14th, 2005 at 9:54 am
I personally don’t, the only people who know are my sister and my wife. And they only read to see if I talk about them. Otherwise they don’t care about this stuff at all
November 14th, 2005 at 11:16 am
It is strange but I am more comfortable sharing my money situation to other bloggers, whom I don’t know, but don’t discuss it with friends and family.
Neo
November 14th, 2005 at 11:17 am
My friends know about my personal finance site but most of them don’t care. My mother discovered it recently — she said she was looking for some information on blog carnivals and came across my website and recognized the voice immediately…
November 14th, 2005 at 2:23 pm
How can I make money using 0% APR offers from my credit cards? Can I purchase financial instruments without incurring a cash advance fee? I have credit lines sitting there, doing nothing, which I use as leverage when transfering balances.
November 14th, 2005 at 2:36 pm
Flexo - you mean through your podcast or your writing? Hmm.. I’d better watch out.
Hi Fardiesel, welcome! Please see these two posts:
How to do it
Best offers I’ve found to do it with
November 15th, 2005 at 9:43 am
I haven’t told a soul that I have a blog. Though I suspect many people would recognize me if they stumbled across it. I feel a little paranoid about that!
March 5th, 2007 at 5:26 am
LOL. I thought that was hilarious about your mom doing the same thing.