Yes, I’m a little obsessed with money this month.
No, it’s not because I can’t pay my bills. Rather, it’s about work. Now, for the most part, I enjoy my work. I find it challenging, but not too challenging, and interesting and the pay is pretty good. Also? I have a ten-minute commute. Hard to beat that! But, the reality is, at heart, I’m a lazy bastard. If I could skate by without working another day in my life, I totally would do that. For real.
The problem with that, of course, is paying all those bills. So, how to do it? What kind of money do I need to be able to tell the world to, essentially, and pardon my language, “Fuck off”. (Yes, what I’m talking about is commonly referred to as “Fuck You Money”.) So, what would that take? I don’t need to live like a king, but, to not work, I will need to keep getting money somehow, like through investments. But, the question is, how much will it take and what kind of investment do I have to make to keep it coming steadily enough to pay the bills?
Luckily, a smarter gentleman than I, Nilesh Trivedi, has posted an Excel spreadsheet that will help you calculate just how much you need to start with and how good your investment needs to be so that you never have to answer to another boss again. Download that, and read his explanation, here: How Much Is Enough? : A Formula for FU Money. (And, if you’re like me, you’ll start by saving the money you might have spent on Microsoft Office and open that spreadsheet in LibreOffice instead!)
So, there’s a little something to think about while you wait for the weekend! Enjoy!
Advice from your Uncle Jim:
"People are just as happy as they make up their minds to be."