business terms

What is F.U. Money?

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?


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

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