9 ms·

I have a better idea. Fuck "financial planning", fuck retirement, fuck all these people who think they know what's right for you and live your life NOW. Be irr

I have a better idea. Fuck "financial planning", fuck retirement, fuck all these people who think they know what's right for you and live your life NOW. Be irresponsible. Be EXTREMELY irresponsible. Work less. Play more. Struggle less. Enjoy more. Save less. Live more. Comply less. Create more. You don't "earn" your way to wealth and you don't "save" your way to wealth - the maths just don't work out! You can only ever play your way to wealth.

edem 11y ago
Did you read this in a self help book?
- jdimov10 11y ago
  People do not learn by reading. Reading only helps to re-enforce what you already believe in and are open to accepting (all other propositions are ALWAYS discarded - no exceptions, regardless of how "objective" you think you are). I myself only accept what works for me. I am pragmatic to the extreme. I know of NO other person who fully agrees with my philosophy on life (my fundamental beliefs are VERY different from what is commonly accepted) - but that's exactly the point - that's what makes 'me' me. Now I have offered the above guidelines for those who are already inclined to agree. I have no interest in arguing or convincing those who do not.
  - marklgr 11y ago
    > I have no interest in arguing or convincing those who do not. In my experience, people who say that have a lot of interest in convincing others. It's like, "I don't care what people think or say". It's mostly pre-emptive reply to criticism.
    - isolate 11y ago
      Abstracting further, explicit and unprompted denials are usually protecting something.
      - jdimov10 11y ago
        That is correct - I am protecting my (very expensive) time from having to waste it on convincing you of something that you don't believe in, when the convincing would not do me any good anyway.
        marklgr 11y ago
        This is not about trying to convince people, it is about bringing convincing arguments to make an interesting discussion. Otherwise, that's just your opinion thrown in there, and why should anyone care?
        jdimov10 11y ago
        I'm glad you asked. This is exactly what the essence of my philosophy is all about. I believe that each person's opinions (and each person's existence) are valuable in and of themselves - no need for any further arguments. You either agree with someone (as some people agreed with my original comment, judging by the number of up-votes) or you disagree - and, in my experience, there is NEVER any value in trying to bring those from one camp into the other. Arguments are always a waste of time. Sharing stimulating ideas is a much better use of time and language. So, no, this is not about "convincing arguments". As with all of existence, this is about making a statement of who you really are and inspiring others. There is intrinsic value in that. I believe in leadership by example. I do not believe in leadership by "convincing arguments".
        marklgr 11y ago
        That sounds like a fairly postmodern-ish stance, which I don't really subscribe to. To me, some opinions are better than others, and being able to articulate them well, showing where they come from and what they immply, is part of what makes many discussions interesting. I don't assume an opinion is so good that others will understand it immediately so there would be no need talk about it, or that it is a great piece of wisdom that I should study or let others study. Good discussions can make you see things differently, take a new perspective that you had not fully considered before. If you only make "life statements" and never cordially exchange points of view, you lose a much useful way of changing your own; you risk keeping yourself in a warm sense of certitude, losing precious feedback from other people's insight.
  - MarcusP 11y ago
    You contradict yourself. If someone is open to accepting what they read, as anyone who was intending to learn by reading would be to some extent, then they can learn by reading. I guess you've never had to pay rent/mortgage or had to support anyone. In the real world, your advice would get you out on the streets.
    - jdimov10 11y ago
      In the real world, I support a large family of which I am the only person making money. I have three young children. I pay rent for a house in London proper. Not that any of this is any of your business, but I said it before and I repeat it again - I am EXTREMELY pragmatic and ONLY believe in that which works for me. I am ruthless when it comes to dismissing beliefs that other people accept as dogmatic, but that don't work for me.
  - vdaniuk 11y ago
    >People do not learn by reading If that is true your comment is utterly useless to anyone reading it.
    - jdimov10 11y ago
      Your logic is lacking.
    - laotzu 11y ago
      "Those who speak do not know, and those who know do not speak" -Said the guy who wrote the Tao Te Ching
  - deleted 11y ago
    [deleted]
canicode 11y ago
Can you explain how the "maths just don't work out"? I'm pretty sure saving IS the way to wealth for the overwhelming majority of people. This honestly sounds like it's straight from one of the Facebook posts with clouds in the background.
- pjc50 11y ago
  Depends what you mean by wealth, but for the majority of middle-class people the way to wealth is highly leveraged property speculation: borrow deposit from parents, take out mortgage, wait 25 years during which time the property has gone up hugely in value. .. which requires a steady enough job to make 25 years of uninterrupted mortgage payments.
  - ro_sharp 11y ago
    And local property markets where prices rise above inflation forever (this is never always the case!)
    - pjc50 11y ago
      It's not guaranteed, but on average in the UK it's 2.9% above inflation since the 60s: http://monevator.com/historical-uk-house-prices/ http://monevator.com/historical-uk-house-prices/
  - canicode 11y ago
    That's completely wrong. Invest in a mutual fund monthly and you'll be amazed by the power of compound interest.
- marcosdumay 11y ago
  Mid and lower class people won't get rich by saving their salaries. In fact, it's not unusual that the entire earnings of a work-life of a mid-class worker do not add up to something that would make a person rich, even if 100% of it is saved. The other side of the coin is that mid-class life is pretty good, most of the GP advice will lead to poverty much more often that it'll lead to wealth, and the one important piece that is "create more" comes by responsible working.
elif 11y ago
I agree with your mentality but shy away from your EXTREME-ness .. I wholeheartedly empathize that there is no point doing something you don't want to do in order to wake up the next day and do something you don't want to do. If I were in SF i might be jaded enough to believe that "the maths just don't work out!" but where I live, i've been able to pay off my mortgage in about 2.5 years. I'm putting up solar panels so that i can reduce my monthly obligations to basically just a food co-op membership. These aren't EXTREME or irresponsible, but they are easy, and get me closer to freedom than paying rent because it takes less planning or sleeping in the cold.

edem 11y ago

Did you read this in a self help book?

jdimov10 11y ago
People do not learn by reading. Reading only helps to re-enforce what you already believe in and are open to accepting (all other propositions are ALWAYS discarded - no exceptions, regardless of how "objective" you think you are). I myself only accept what works for me. I am pragmatic to the extreme. I know of NO other person who fully agrees with my philosophy on life (my fundamental beliefs are VERY different from what is commonly accepted) - but that's exactly the point - that's what makes 'me' me. Now I have offered the above guidelines for those who are already inclined to agree. I have no interest in arguing or convincing those who do not.
- marklgr 11y ago
  > I have no interest in arguing or convincing those who do not. In my experience, people who say that have a lot of interest in convincing others. It's like, "I don't care what people think or say". It's mostly pre-emptive reply to criticism.
  - isolate 11y ago
    Abstracting further, explicit and unprompted denials are usually protecting something.
    - jdimov10 11y ago
      That is correct - I am protecting my (very expensive) time from having to waste it on convincing you of something that you don't believe in, when the convincing would not do me any good anyway.
      - marklgr 11y ago
        This is not about trying to convince people, it is about bringing convincing arguments to make an interesting discussion. Otherwise, that's just your opinion thrown in there, and why should anyone care?
        jdimov10 11y ago
        I'm glad you asked. This is exactly what the essence of my philosophy is all about. I believe that each person's opinions (and each person's existence) are valuable in and of themselves - no need for any further arguments. You either agree with someone (as some people agreed with my original comment, judging by the number of up-votes) or you disagree - and, in my experience, there is NEVER any value in trying to bring those from one camp into the other. Arguments are always a waste of time. Sharing stimulating ideas is a much better use of time and language. So, no, this is not about "convincing arguments". As with all of existence, this is about making a statement of who you really are and inspiring others. There is intrinsic value in that. I believe in leadership by example. I do not believe in leadership by "convincing arguments".
        marklgr 11y ago
        That sounds like a fairly postmodern-ish stance, which I don't really subscribe to. To me, some opinions are better than others, and being able to articulate them well, showing where they come from and what they immply, is part of what makes many discussions interesting. I don't assume an opinion is so good that others will understand it immediately so there would be no need talk about it, or that it is a great piece of wisdom that I should study or let others study. Good discussions can make you see things differently, take a new perspective that you had not fully considered before. If you only make "life statements" and never cordially exchange points of view, you lose a much useful way of changing your own; you risk keeping yourself in a warm sense of certitude, losing precious feedback from other people's insight.
- MarcusP 11y ago
  You contradict yourself. If someone is open to accepting what they read, as anyone who was intending to learn by reading would be to some extent, then they can learn by reading. I guess you've never had to pay rent/mortgage or had to support anyone. In the real world, your advice would get you out on the streets.
  - jdimov10 11y ago
    In the real world, I support a large family of which I am the only person making money. I have three young children. I pay rent for a house in London proper. Not that any of this is any of your business, but I said it before and I repeat it again - I am EXTREMELY pragmatic and ONLY believe in that which works for me. I am ruthless when it comes to dismissing beliefs that other people accept as dogmatic, but that don't work for me.
- vdaniuk 11y ago
  >People do not learn by reading If that is true your comment is utterly useless to anyone reading it.
  - jdimov10 11y ago
    Your logic is lacking.
  - laotzu 11y ago
    "Those who speak do not know, and those who know do not speak" -Said the guy who wrote the Tao Te Ching
- deleted 11y ago
  [deleted]

canicode 11y ago

Can you explain how the "maths just don't work out"? I'm pretty sure saving IS the way to wealth for the overwhelming majority of people. This honestly sounds like it's straight from one of the Facebook posts with clouds in the background.

pjc50 11y ago
Depends what you mean by wealth, but for the majority of middle-class people the way to wealth is highly leveraged property speculation: borrow deposit from parents, take out mortgage, wait 25 years during which time the property has gone up hugely in value. .. which requires a steady enough job to make 25 years of uninterrupted mortgage payments.
- ro_sharp 11y ago
  And local property markets where prices rise above inflation forever (this is never always the case!)
  - pjc50 11y ago
    It's not guaranteed, but on average in the UK it's 2.9% above inflation since the 60s: http://monevator.com/historical-uk-house-prices/ http://monevator.com/historical-uk-house-prices/
- canicode 11y ago
  That's completely wrong. Invest in a mutual fund monthly and you'll be amazed by the power of compound interest.
marcosdumay 11y ago
Mid and lower class people won't get rich by saving their salaries. In fact, it's not unusual that the entire earnings of a work-life of a mid-class worker do not add up to something that would make a person rich, even if 100% of it is saved. The other side of the coin is that mid-class life is pretty good, most of the GP advice will lead to poverty much more often that it'll lead to wealth, and the one important piece that is "create more" comes by responsible working.

elif 11y ago

I agree with your mentality but shy away from your EXTREME-ness .. I wholeheartedly empathize that there is no point doing something you don't want to do in order to wake up the next day and do something you don't want to do. If I were in SF i might be jaded enough to believe that "the maths just don't work out!" but where I live, i've been able to pay off my mortgage in about 2.5 years. I'm putting up solar panels so that i can reduce my monthly obligations to basically just a food co-op membership. These aren't EXTREME or irresponsible, but they are easy, and get me closer to freedom than paying rent because it takes less planning or sleeping in the cold.