I love the mindset behind the advice of having a little saved up. I currently have about $15k saved up. I fully intend to one day have real FU money. In the meantime though, having a small emergency fund that I'm adding to each month makes me feel like I don't have to take shit from my day job. I truly am not worried that if some day I was asked to do something completely unreasonable, I could essentially say FU and quit and work on my side business.<p>This is only one small reason why people should have a small fund saved up.
That's just one kind of money. There are other kinds.<p>Like Fat Money. Money that drags you down and makes you slower. This is money from that investor that refuses to change.<p>Or Sweat Money. This is money you’ve worked hard for to earn. This is the best kind. You value sweat money much higher than any other kind of money.<p>And of course Ramen Money. The minimum amount of money you need to survive each month.<p>More kinds of money here:
<a href="http://blog.opportunitycloud.com/2010/06/30/different-kinds-of-money/" rel="nofollow">http://blog.opportunitycloud.com/2010/06/30/different-kinds-...</a>
I thought this was going to have something to do with F# the language. Like if you save up enough money, you can afford to program exclusively in a functional language without going bankrupt. 'F# money.'
I always liked this list of money metaphors. The difference between "renewable resource" and "fuel" or "building material" really hit home with my own bad perceptions of money.<p><a href="http://www.ribbonfarm.com/2009/03/02/fools-and-their-money-metaphors/" rel="nofollow">http://www.ribbonfarm.com/2009/03/02/fools-and-their-money-m...</a>
I'm curious what the opinion of people here is as far as how much F-U-Money is "enough". Obviously it probably depends on your goals, but is there a reliable way of calculating the amount needed?
Well said. Personally, I make a point of never letting my liquid savings drop below $10k. That's a full year's travelling money, so it keeps me perpetually in a state of "I can drop everything and go", thus protecting me from toxic consulting clients.<p>If a relationship starts going downhill, I can simply retract my last invoice and wish them luck.
droz asks a good question. Who else has calculated their "fuck you money" threshold to the last penny, such that if they received that much cash from one or more jobs in a given period they can spend the rest of the year just going to expos and networking, or just sitting on some beach somewhere, knowing that all their bills and living expenses are covered?<p>Considering where I live, my threshold's surprisingly low. If I double it, I'd put aside that surplus for my retirement. It's good to have the ambition of living without ambitions.
You guys all have your own definitions of 'fuck you' money, but for me this one has the best ring:<p><a href="http://www.violentacres.com/archives/41/fuck-you-money/" rel="nofollow">http://www.violentacres.com/archives/41/fuck-you-money/</a><p>Some kind of collector is trying to extort money from her, so she, well, I don't wanna ruin it. But she uses the money in a very creative way.
Like "Quick and Dirty", "Moral Majority", "Jumbo Shrimp", and "Military Intelligence", there is no such thing as "Fuck You Money".<p>By definition, everyone I know who claims to have "Fuck You Money" doesn't have enough money to buy themselves class, humility, kindness, or inner peace. They're never happy because everyone else either:<p>- has more "Fuck You Money" than they do, or<p>- doesn't know how much "Fuck You Money" they really have<p>If you really want more money so that you can say, "Fuck you" to others, you may want to consider an attitude adjustment before going after any more money.