05/06/2008 05:12 am ET Updated Nov 17, 2011

Personal Finances: To Share Or Not To Share?

For people old enough to remember phone booths, a blunt reference to salary in a social setting still represents the height of bad manners. But for many young professionals, the don't-ask-don't-tell etiquette of previous generations seems like a relic.

For them, salary information is now fair game, at least among friends. Many consider it crucial to prosper in an increasingly transient, winner-take-all workplace -- regardless of the envy that full disclosure can raise. Besides, when the Internet already offers a cornucopia of personal information, it almost seems coy to keep personal income private.

As Ilana Arazie, 32, an online video producer for a media company in Manhattan, said, "If we can talk about how many orgasms we have with our mate, why can't we discuss how much we make?"