Full Disclosure: I dont report on all my income + spending

This might not be the most informative post, but its more of a rant, minus the negativity that is sometimes associated with personal rants.  As more people are reading here, some of which are my friends outside of the internet world, the question has been brought up of how I live off so “little” income.  At first I was like, what do you mean little income? Then I realized that I rarely, if ever, have mentioned my “real job” and the salary associated with it, but tend to keep track of most of my spending, regardless of how much income I am reporting on Degrees and Debt.

It shouldn’t come as a shock to many, but ones yearly salary at their job is one of the most secretive bits of information anyone will ever keep.  Although I don’t feel James Bond 007 about my salary, I also don’t want to or feel comfortable just typing away how much money I make to the web world.  The same is true for some of my spending.  Although I do keep track of all my spending, I don’t include every single component on Degrees and Debt for a variety of reasons, but mostly to maintain some level of financial privacy.

One of my major, if not my major, goal of starting this website, as well as my “lifestyle change” towards finances was to eliminate my student loan debt, make money via investments, business, this website and various other income stream and document the journey to hold myself accountable.  When it comes to these topics, I hope to include as much info as I can while maintaining some financial privacy (depending on what it is).  Aside from that, the rest of the income and spending will be discussed here on a quasi-case-by-case basis factoring in criteria such as is it beneficial to the readers, is it important, what can I teach others from this, etc.

What do you think? For those that have sites, do you do the same with protecting some info while sharing other?

Edgar @ Degrees and Debt

AuthorEdgar @ Degrees and Debt

Founder of Degrees and Debt. Edgar just wrapped up his MS in Project Management with a focus on Information Security Management. Battling back to even from student loans, mortgage and credit card debt is an art Edgar is learning to master. This is his journey.

4 thoughts on “Full Disclosure: I dont report on all my income + spending

  1. I typically report percentages, no actual money on spending and income reports. I actually haven’t done one in a while because I’m not sure how helpful they are. Because I’m now open with friends and family about the blog, I don’t really want them to see my exact numbers (nor is it particularly helpful for anyone) or any more helpful then percentages I should say. If you don’t want to disclose your income and spending I don’t see anything wrong with that. It’s your blog after all.
    KK @ Student Debt Survivor recently posted…One Year In Our Home: 10 Tips For Condo BuyersMy Profile

    • Agreed. I dont really have any problems sharing my debt load and side income (I too have separate pages for these) yet for some reason we are wired to hold our “real job” salary private. Its funny how that works. I cannot imagine telling people my salary openly, but have no problem telling them about all my debt haha!
      Edgar @ Degrees and Debt recently posted…Full Disclosure: I dont report on all my income + spendingMy Profile

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