Realistic "Fuck You" Money: How much is enough ?

eja_cool8 · 2017-09-10T14:34:54+00:00

1.000.000 euros in the bank at around 3% interest. 2.5k-3k euros a month if you just want to pay your rent, eat, drink, drive around in your car, fuck hookers, smoke grass, occasionally snort coke and basically sit on your ass and do nothing except playing videogames and hitting the gym or whatever floats your boat.

I call it "taking a big fat stinking dump on society for the rest of your life" money lol.

cyborg_type_darkness · 2017-09-10T14:40:03+00:00

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WerewolfofWS · 2017-09-10T15:14:31+00:00

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dirtydog113 · 2017-09-10T16:47:29+00:00

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Helikzhan · 2017-09-10T16:54:28+00:00

Passive wealth or personal value to the market. If you can't have the former then strive for the latter.

The third option is to be poor and miserable.

One last thing. If you are in the latter group like 99% of us are then save at least six months of your yearly wages. This might take a few years but you will want it to avoid the shit work environment. Just six months of FU money is more than enough to dismiss much of the stress of working.

2017-09-10T18:12:50+00:00

FU money is basically the amount you can live off to the rest of your life without running out, IMHO. So it's highly dependent on your lifestyle. If I get laid off, I can live for two years on six month of unemployment and a year and a half of the cash reserve. Then, I'd have to sell my condo and that's $250K which I can live off for ten or twelve more years. But since I'm planning to live longer than 14 years, I do not consider it FU money because I'd need twice the amount for that....

2017-09-11T00:47:57+00:00

I would generally consider fuck you money to be a sufficient nest egg to guarantee you wont be homeless or end up on the dole/gov't assistance in any way while you acquire a new job.

The next level of fuck you money is where you control your own income stream to the point where you don't have to work for someone else and totally support yourself (economic freedom, basically). If you own your own business that is one way to somewhat control it. Other way is investing in other people's businesses. Easiest way to quantify that is to calculate total monthly expenses / (yearly income yield% from investments/100) * 12. That is the principal you need. Remember that monthly costs must be adjusted up by the effective tax rate. Bonds don't adjust for inflation but there are tons of companies where stock price appreciates well faster than inflation AND have raised dividend for decades straight - but you assume greater risk and volatility.

This number can be surprisingly low and anybody can achieve it through ultra minimalism and a middle class job. This requires radically lowering expectations for housing and comfort as traditional housing is the biggest cause of serfdom.

retraderat · 2017-09-10T17:47:24+00:00

enough that you can do what you want without worrying about it.

CIAC50 · 2017-09-10T17:47:29+00:00

Minimalism is a useful tool for avoiding expensive mistakes. Low maintenance another.

dmunny44 · 2017-09-10T19:10:43+00:00

I decided to take 2 years off work. I have enough money to do so. I hate the 9 to 5 life, nothing is more depressing to me.

NietzscheExplosion · 2017-09-10T20:41:40+00:00

Very simple to attain. Don't care about money, attachments of materialism, etc and you will not NEED very much money at all.

If you want those things then you will never be able to "get enough FU money". You have to understand that the owners of that "money" can call it in at any time, inflate it as much as they want (which is blatant thievery they get away with EVERY SINGLE TIME). Sure you might hit some lottery or a business that gets ahead of that "curve", but such activities that make you wealthy with "money" would make you wealthy no matter what.

In short, the goal should not be to get "money" but acquire the skills and means that are valuable. To you and perhaps, other people.

2017-09-10T21:04:58+00:00

I think the guy who was talking about passive income hit the nail on the head. If you can hit about 50k a year in passive income, that's fuck you money.

Think landlords with multiple properties.

cyborg_type_darkness · 2017-09-11T00:24:30+00:00

I've gone hard-core minimalist

Can you give us more insight on this? Like what was your house rent. How much did you spend on food etc?

OldRoad · 2017-09-11T02:40:30+00:00

US-Scenario 1:

100,000USD
Alaska - homestead; free land
20,000USD on off-grid energy/provisions/supplies/cargo-box-home/tiny-home
Live off the land / near a river

after a year of really checking out, what is the point of money?

jmotrain · 2017-09-11T05:44:56+00:00

Avoid debt at all costs (if you are in debt, get out ASAP). You need about 25X your yearly expenses to be financially independent. So if you spend 30K a year, you need $750K (25*30K).

If you are interested in attaining FU money, google Mr. Money Mustache and read his blog. I'd also recommend reading "The Four Pillars of Investing" by William Bernstein.

MyLittlePonyofDoom · 2017-09-11T07:55:00+00:00

Personally I wouldn't focus on going hardcore minimalist. Its better to work on your career or a side business and generate extra cash that way. It's not worth the effort to look for the cheapest pasta if it takes you two hours. Its easier to generate extra cash rather than penny pinch it by changing jobs every two years to get a 20-30% raise. Not saying don't save but don't get a new beamer either.

Spondaios · 2017-09-11T18:22:51+00:00

Sitting on your ass all day and making a million so you can sit on your ass all day are two totally incompatible mindsets.

By the time you worked a lifetime to make it happen, you are changed into a different person who don't want to sit around anymore.

If you wanna fuck the dog, just do it.

Title	Realistic "Fuck You" Money: How much is enough ?
Author	LightFixture69
Upvotes	40
Comments	33
Date	September 10, 2017 2:20 PM UTC (8 years ago)
Subreddit	Posted in /r/MGTOW
Original Link	https://old.reddit.com/r/MGTOW/comments/6z8guu/realistic_fuck_you_money_how_much_is_enough/
Archive Link	https://theredarchive.com/r/MGTOW/realistic-fuck-you-money-how-much-is-enough.557444 https://theredarchive.com/post/557444

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