F you money. FU money. Fuck you money. It’s all the same. F you money is having enough money to tell others to f off if they are bothering you and you don’t want to deal with them. We should all aspire to have F You money one day so we can live more free.
Based on over 2,000 votes in a previous Financial Samurai poll, $5 million is the #1 vote-getter to feel financially free.
I personally chose $10 million because $10 million is what’s necessary to generate ~$120,000 in risk-free income based on today’s low interest rates. However, by taking slightly more risk, $10 million should be able to generate $200,000 – $400,000 a year to live the F You lifestyle.
Therefore, somewhere between $5M – $10M seems reasonable, depending on where you live. Inflation will keep on making things more expensive.
Once You Have F You Money, It’s Hard To Tell Others To F Off!
The interesting thing I’ve discovered once you obtain F You money is that it’s still extremely difficult to tell others to F Off!
Everybody fantasizes about telling someone who wronged them in the past to go screw themselves, but once you get to this level of wealth it’s more common to turn apathetic than belligerent. Society has an incredible way of keeping people in check.
I’ve been tempted to tell internet trolls and the Internet Retirement Police who judge me online while providing no value to the conversation to F Off. However, instead, I almost always defer to a more inquisitive response.
Using their perspective, I can often write a new comment commentary post with a new theme to keep the party going!
The Benefits Of F You Money
There’s an old saying that, “hell is other people.” If you think about all the pain and suffering in your life, it’s generally due to someone else. The sheer act of telling someone to F Off is a response to getting rid of people who make your life hell.
The following are five incredible benefits of F You money I’ve written about in the past:
1) You stand up for what’s right more often.
There’s a lot of crap in the world that goes unchallenged because people are afraid of the repercussions. How many times have you bit your tongue because you were worried about the consequences? When you have F You money, you are more confident to speak your mind when you see an injustice because your survival doesn’t depend on your reputation, a person, or a company.
Think about all the people who have to toe the line, even if they disagree with their company’s ethics, because they depend on their income and healthcare benefits to survive.
2) You care less about what other people think.
Caring less about what people think is Yin to the Yang of standing up for what’s right. It feels liberating to have insults and insinuations roll off your back. There’s less desire to try and get even or one up your dissenter because you’re already set.
Insults are usually hurled by unsettled people who want what you have. They are insecure and hope to bring you down to their level so they can feel better about themselves. Showing neutrality or even compassion is the preferred method of action.
The most fascinating people are the ones who tell it as it is. They don’t beat around the bush or try to and make people feel less offended. As a result, they tend to stand out from the crowd and get far ahead.
3) You become even less afraid to fail.
I’m a perpetual failure in many things because I keep trying to challenge myself to do new things. Once you have F You money, your failures aren’t going to crush you anymore. Instead, your failures just beat up your ego until it naturally re-inflates once more because your default setting is a good life with lots of freedom. When you’re less afraid to fail, your chances to succeed at new things go up.
Think about all the highly educated people who go the safe route and get a job they don’t particular like. Even though they went to a private university and got an MBA at another private university, they have a hard time starting their own business because they invested too much in their education. As a result, they just end up working for someone else and end up miserable.
4) You hang out with people because you want to, not because you need to.
There are times when you need to go spend time with someone you may not particularly like because you need something from them e.g. business, connections, a job, etc. When you have F You money, you have the freedom to only hang out with people you like. Everybody else be damned.
Think about all the people online who join a herd because they find safety in numbers. They end up creating one big echo chamber where everybody looks alike, talks alike, and thinks alike. Is there any wonder why cults are formed and people lose the ability to think for themselves?
5) People don’t piss you off as much anymore.
The only people who piss me off are those who are perpetually late, those who say one thing and do another, racists, or those who are two-faced rat bastards.
But I’ve noticed that once you have F You money you simply stop hanging out with such people because you don’t have to. As a result, less people piss you off! Even if someone inevitably disappoints you, you don’t care as much because you don’t need or want anything from them.
Money Makes You More True
Money simply amplifies who you ALREADY are. If you’re like most people, then having F You money isn’t going to suddenly turn you into an asshole. Only people who are already assholes tend to become bigger assholes once they have money!
I’ve found that having F You money actually has the opposite effect for most people. Money makes normal people less agitated, less insecure, and much more appreciative of what they’ve got.
Why else do you think so many people swing so far left in the political spectrum once they have money? Why else do wealthy people, especially those who achieved their wealth through inheritance, try and give back as much as they can?
Having F You money actually brings some guilt into the individual’s psyche. They realize they are one of the lucky ones because goodness knows there are plenty of other more deserving people out there who aren’t as lucky.
The more money you have beyond what is required to be happy, the more you have a desire to give back to society and be nicer. You actually feel bad for those who hate you the most.
In fact, once you have F You money, you might find it harder to tell people to F Off because society expects you to be more appreciative.
Who Do You Want To Save F You To?
Think about all the people you want to say F You to. Do they really matter?
Wanting to say F You to your boss is common. Especially one that makes your life miserable.
But I don’t blame my boss for giving me a terrible bonus my final year in finance because conditions were tough and he allowed me to get a severance package that paid out over five years.
The severance package was the #1 reason for giving me the confidence to retire early and work on my online endeavors, which has ballooned to something greater than I ever expected. I’m so thankful that a terrible boss and a difficult economic environment spurred me to change my life.
Even after all the rejections I experienced in life, I’ve got no desire to tell my rejectors to F Off because they all have their own issues. Even the random annoying commenters are just projecting something wrong with themselves or in their lives. I sometimes like to figure out what’s bothering them for a new post.
The only people I want to say F You to are inconsiderate drivers who cut me off, drivers who are texting and talking, and drivers who are speeding in a residential area with kids.
Oh, and for those who don’t pick up after your dogs go poop and allow your dogs to bark incessantly at night or in the early hours of the morning, F You!
Otherwise let’s have peace on Earth. After this damn pandemic, we could all sure be nicer to other people.
Generating More F You Money With Real Estate
Real estate is my favorite way to build wealth and make more F You money. It is a tangible asset that is less volatile, provides utility, and generates income.
In 2016, I started diversifying into heartland real estate to take advantage of lower valuations and higher cap rates. I did so by investing $810,000 with real estate crowdfunding platforms. With interest rates down, the value of cash flow is up.
Take a look at my two favorite real estate crowdfunding platforms. Both are free to sign up and explore.
Fundrise: A way for accredited and non-accredited investors to diversify into real estate through private eFunds. Fundrise has been around since 2012 and has consistently generated steady returns, no matter what the stock market is doing. For most people, investing in a diversified eREIT is the way to go.
CrowdStreet: A way for accredited investors to invest in individual real estate opportunities mostly in 18-hour cities. 18-hour cities are secondary cities with lower valuations, higher rental yields, and potentially higher growth due to job growth and demographic trends. If you have a lot more capital, you can build you own diversified real estate portfolio.
My real estate portfolio consistently generates over $150,000 a year in passive income. That’s a lot of F You money the enables both my wife and I to be stay at home parents.
Recommendation Once You Have F U Money
One of the best ways to accumulate F You money is by tracking your wealth with Personal Capital. They are a free online platform which aggregates all your financial accounts in one place so you can see where you can optimize your money.
Before Personal Capital, I had to log into eight different systems to track 25+ difference accounts (brokerage, multiple banks, 401K, etc) to manage my finances on an Excel spreadsheet. Now, I can just log into Personal Capital to see how all my accounts are doing, including my net worth. I can also see how much I’m spending and saving every month through their cash flow tool.
The best feature is their Portfolio Fee Analyzer, which runs your investment portfolio(s) through its software in a click of a button to see what you are paying. I found out I was paying $1,700 a year in portfolio fees I had no idea I was hemorrhaging! There is no better financial tool online that has helped me more to achieve financial freedom. It only takes a minute to sign up.
F You money is nice. What I’ve realized lately is that the hate continues to be highest over social media sites like Twitter. If you want to be happier, stay off of social media.