Having Fuck You Money and Stealth Wealth

 




Having 'Fuck You' Money
By Adam Mundorf

Personal Finance and investing isn't just about making it from paycheck to paycheck and putting a little bit away.  It's about accumulating enough money where you have near unlimited options for how to spend your time and life.  Having enough money where you can afford to just simply walk away and be okay.  A 'boss' tells you to do something you think is over the line, you can walk.  A job takes advantage of you, you can leave at any time and be okay.  I've told people and jobs in the past to politely "Go Fuck Yourself."  I have options and I rule my own life. Having money gives you options and allows you to spend your time EXACTLY how you want to.  Time is the one thing we never get back.



Having 'Stealth Wealth'

I am a huge proponent of stealth wealth.  True wealth whispers while fake wealth screams.  The chains, the cars, the new phone, the stark white shoes and the massive homes.  They are oftentimes signs of things that are not true.  I've always enjoyed having the ability to buy those things but holding off because I realize those things won't make me happier or more satisfied.  The ability is so much more satisfying than actually owning the product.  Plus you have to ask about the morality of owning obscene things, when the time value of your money can do so much more good long term.


Comments

Post a Comment

Popular posts from this blog

Your Body's 401k

Image
  Your Body's 401k By Adam Mundorf People think you're crazy when you wake up and change your life. Your Body's 401k The obsession with money is misguided.  You don't need nearly as much as you think you do and if you have crazy aspirations for your money like mansions, Lamborghini and expensive tastes, your health will need to take a backseat in most cases.  Many readers of this blog know that I know a lot about the foundations of personal finance and investing.  What my many hours and possibly years of reading has led me to, is that health is wealth.  All that stressing, sitting and lack of true intrinsic fulfillment leads to a quite frankly, sad end of life.  People act like nursing homes, limping around, fat body and skinny arms is the only way to end up.  This couldn't be further from the truth.  I can run out of fingers and toes, thinking of examples of millionaires I personally know, who said they wished they took care of their health.  They have nice stuff b
Read more

What I Learned from 29 to 30

Image
What I learned from 29 to 30 By Adam Mundorf What I Learned from 29 to 30 Hm, welp another year has passed and my life couldn't be better.  I am in good health, money in the bank and a roof over my head.  The above things are due to my decisions and actions.  Not once have I worried about an invading nation, a famine, a drought or where my next meal was coming from.  The above things have to do with luck.  The biggest lesson I learned was that our problems aren't really problems at all.  Growing up and living in America is living life on easy mode provided you don't self harm yourself through bad decisions.  We obviously don't all grow up with the same opportunities provided to us BUT if we take responsibility for our actions, realize we start where we are, we can become anything we want. Things aren't perfect but America is pretty darn close.  There is a reason why there are endless lines of people trying to get in but so few are trying to leave. To sum it up 29 to
Read more

Why Do You Want to Be Like Them? : The Realization I'm Not Conventionally Smart - Crying in the Car

Image
  Why Do You Want to Be Like Them? The Realization I'm Not Conventionally Smart - Crying in the Car By Adam Mundorf Why Do You Want to Be Like Them? This blog will be mostly my inner monologue with some questions along the way, just for a warning.  I'm putting my thoughts down and through that process to find some 'a-ha' moments.  It's self exploration. I get asked often about why I'm comfortable where I am in life because my chosen profession isn't what most people would want.  I'm not an exactly ambitious individual but am content with my own lot in life.  People respond typically with an almost pity and that perplexes me.  Maybe it's because I have such simple wants and desires.  I value the inexpensive/simple pleasures in life.  I value peace and quiet, a comfortable bed, cute animals and running water.  I for sure get if you burdened your life with obligations i.e, family, huge debts and/or some idealistic dream of being fabulously wealthy, you&
Read more