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.
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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.
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.
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 🙂
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
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…
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.
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
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!
LOL. I thought that was hilarious about your mom doing the same thing.