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>Dodgy accounting & staff retention meant that actually you don't get fuckyou money. What is fuckyou money at this point? Take the Mega Millions lottery jackpo
by NoMoreNicksLeft 2y ago
>Dodgy accounting & staff retention meant that actually you don't get fuckyou money.
What is fuckyou money at this point? Take the Mega Millions lottery jackpot, it's default is $20 million nominal. You get cash payout instead of annuity, now it's about $10 million. Maybe you live in a state without income tax (I do), but the feds get their cut, now it's $5 millionish. You look for a nicer house (been living in an apartment)... and, since you don't want to lose it to property tax arrears all that quickly, you budget for that too for the next 20 years. How much house can you afford? Turns out, you're getting at most some upper middle class home in a second class city. Maybe with a nice car in the garage too. No live-in maids and chefs, no 40,000sqft mansions with indoor Olympic swimming pools and gold-plated toilets.
Hardly seems like fuckyou money at all. I think while we weren't looking, inflation snuck in and changed what fuckyou money actually was. You basically need to not just be a multimillionaire anymore, but a sub-billionaire.
- diffxx 2y agoMy definition is very different. It is about my ability to have control over my life in the areas that matter most to me. I value my time and personal development above material wealth (to a point). I don't need a giant house. I don't need regular fancy vacations or to own a car. I personally have been not working and living comfortably on much much less than 5mm in a high cost of living city for over five years. I do have to make many tradeoffs but I am happier than working a soul sucking job. It's not a path for everyone.
- NoMoreNicksLeft 2y ago>I value my time and personal development abov That's a young man thing. Still trying to grow, to attract mates, etc. It switches (at least for those who develop correctly), to be able to provide for offspring and descendants material wealth is key. >I don't need a giant house. Perhaps, but we were talking about fuckyou money. Living in a crackerbox isn't an indication or test of fuckyou money... if Warren Buffet drives a beat up pickup truck, he's not interested in signalling fuckyou money. But he could also drive 31 different Ferraris, one for every day of the month right? My point was that fuckyou money has changed, and that by any measure even lottery jackpots aren't really fuckyou money anymore. Those are "yay, we get to send the kids to college without them being debt slaves" money. It's a strange world now days, that didn't used to be the case.