Discussing how much money you have can create a number of problems including making people jealous, causing requests for money, and prompting others to see you differently.
Many of the people responding to the Reddit poster's threads commented that they kept their net worth a secret from most people, if not everyone, and that they saw no benefit to sharing.
Although his parents are also pretty well off, the Redditor's mother seemed taken aback by his net worth, prompting him to question if sharing was wise.
Telling your parents about your wealth might feel appropriate if you believe they would be proud, but it also carries risks depending on their reaction.
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