business terms

What is F.U. Money?

By TheMoneyMaven ⋅ Email This Post Email This Post ⋅ Post a comment

fumoney

Have you ever heard someone say I wish I had F.U. Money? It is term people use when they wish they had so much money they could to do what they wanted, when they wanted, where they wanted, and for how long they wanted without having to answer to anyone. I think it may be everyone’s dream state. But my question is how much money is actually F.U. Money? I think for me it would have to be around $100 Million USD. At that point, I would probably tell anyone to just piss off if I didn’t feel like being bothered and not worry about the financial consequences. I think another way to describe F.U. money is having financial freedom. In a recent post, I answered what is financial freedom:

…To describe it, financial freedom is the feeling you get if you just earned $100 million dollars. It is having enough money coming in that you do not have to work. The decisions and actions you make are not based off of financial reasons. We want our readers to choose what they do because they WANT to do it and not because they feel as if they HAVE to do it…

So I’m wondering, how money do you need to say you have F.U. Money or feel like you are financially free? Also, what if you put a million dollars in government bonds and received a guaranteed 6% interest payment ($60,000 USD) for the rest of your life? Is that F.U. Money too? What are your thoughts?

Posted on October 30, 2009
Print This PostTags: , ,

FavoriteLoadingAdd to favorites

Discussion

4 comments for “What is F.U. Money?”

  1. Hillarious … I dont even think I need that much money to say F.U.

    Posted by QueTrader | October 30, 2009, 12:15 pm

  2. $100 Million is indeed a nice of F.U. money. However, no amount makes an individual immune from responsible financial behaviors. Looking at the likes of Scott Storch, Antoine Walker, Mike Tyson, MC Hammer, and others, you can see that they took their F.U. money and it F’d their security for the future. So, it’s important not to F up your F.U. money!

    Posted by Minority Fortune | October 30, 2009, 12:40 pm

  3. Fortune - that is a good point! You can have what seems to be like F.U. Money and then go out there and spend it all. So I wonder if it’s better to just have a permanent income stream. So if they would take about 20 million and put it in some bonds and just live off the interest. could that secure your financial freedom?

    Posted by TheMoneyMaven | October 30, 2009, 12:48 pm

  4. Here is a segment from Wall Street Warriors when they are talking about F.U. Money. http://www.youtube.com/watch?v=tbqBxt9pctM

    Posted by TheMoneyMaven | October 30, 2009, 1:02 pm

Post a comment

Custom Search


MoneyIsJustAnIdea and Maven Investment Group, LLC. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.

It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.

2008 Maven Investment Group, LLC. All Rights Reserved.