Not an issue I have as of yet, but I definitely enjoy seeing the different perspectives.
So I think I've narrowed this stuff down to a couple of different questions/concerns.
- Disclosing your net worth
- Explaining how/why you're such a bum :-)
- Family asking for money once they know
- Friends asking for money once they know
- Drawing the line as far as helping out friends and family
I've recently had a conversation with my mom, who is pretty much living the way the rest of the world does. Since I don't have a 'stache as of yet, and just recently started building up net worth, I've done a pretty good job of drawing that line in the sand since I couldn't do that previously. However, I used Google Docs (entitled "Mom's Hair Is On Fire" :)) and started rocking the numbers. Monthly expenses, savings rate, income, and all that, and how she can restructure things. Just general Mustachian advice, and some math. I felt that this didn't create any awkward requests, and empowered her to see how it could work for her. I've done the same thing with my sister (who is definitely
not mustachian) with great results.
When I hit FIRE, I will shout it from the Mountain Tops (don't know which one yet, but maybe it'll be one of the 7 summits?). I will still have a side business, and still do projects, but I'll happily tell people that I managed to save up enough to not need to work. I'll then take the same approach I did with the family. Granted, I'm kind of an asshole, so I don't feel the pressure to help that some people do. :-)