But what happens if you are gifted with a large amount of inheritance money, enough to make it possible for you to quit your job and retire? Should you tell your friends about your good fortune or remain mum?
If they do ask, since it will be evident that you no longer hold a job, what should you say? How can you avoid the jealousy of others in this situation?
1. The First Rule Of The FI ClubHands down, the most popular answer was not to tell anyone about your situation. One even said you should ask your friends for money since you just “lost your job.” in an answer straight out of the film Fight Club, the stoic answer is the first rule of FI Club (the Financial Independence Club) is to not talk about FI Club.
2. Are They Your Friends?A big question for forum members about this situation is whether or not the people who are so curious about your finances are your friends. People who care more about how much money you have in the bank are likely not as interested in you as a person.
3. Practice Stealth Wealth
Others added that the move was to practice stealth wealth. Stealth wealth is a concept where a wealthy person lives below their means and keeps a lid on how much money they have.
4. Sidestep and Stay FirmIt is your right to be private about your finances if you want. You aren’t required to answer every question asked of you, especially if doing so makes you feel uncomfortable.
5. Have A Plausible Story At The ReadyYou can also give people a plausible story to answer their nosy questions. Some stated that this means you are lying to your friends, which is true, but it is a white lie at best.