With “Fuck You Money” you can escape situations, places and circumstances. Brand X Pictures / Gettyimages
Fuck You Money is emergency money that gives you the freedom to simply escape everyday life.
According to bloggers, this could help her escape toxic relationships. This applies not only to private relationships, but also to professional ones.
But it’s not just an emergency fund. With Fuck You Money you can also become financially free. A blogger creates an invoice for this.
It recently happened to an acquaintance twice within a short period of time: her job was eliminated. For the first time, her company terminated her and a few colleagues for operational reasons. That was at the beginning of the corona pandemic, which made finding a job more difficult. Many companies had hiring freezes.
When she finally found a new job a few months later, she was relieved. After just a year, however, the next piece of bad news came: the company closed their department. So she had to look for a new employer again.
According to numerous bloggers, the best response to such a scenario is “Fuck You Money.” “Your company is “letting you go”? Fyou, I’m giving myself the time to look for something new in peace!” it says Blog fyoumoney. “Your monthly income is gone? Fyou, I have my Fyou Money!”
“Fuck You Money” is accumulated wealth that allows you to be independent of external circumstances such as termination. “Imagine if you could simply throw money at problems big and small and they would disappear,” it says Financial blog “a good start”. “Fuck You Money” is the path to more freedom and independence.
The money you save also makes you independent of relationships. Especially when it comes to toxic relationships where women are financially dependent, “Fuck You Money” is also known as the “Fuck Off Fund.”
According to that Blog Jane Wayne A “fuck off fund” means financial self-defense. “In fact, I know various stories from my circle of friends who stayed in an unhappy relationship because they were afraid of the financial consequences,” writes the author. That would have been different with a “Fuck Off Fund”.
But “Fuck You Money” is not just an emergency account. Author Bianca from “a good start” sees it more as a luxury account. The money allows you to proactively escape a situation, a place or a circumstance. This includes, for example, quitting a job you don’t like in order to look for a new one in peace. Even a sabbatical that the boss doesn’t approve of is possible with “Fuck You Money”.
The money also gives you the freedom to start your own business. Thanks to the “Fuck You Money”, self-employed people could afford to turn away customers. “The freedom to simply say ‘no’ is actually priceless, but if you have money aside, that ‘no’ can actually have a price tag and you can decide whether it’s worth the amount,” says it in Blog missfinance.
How much fuck-you money you need depends on your life situation. “Fyou Money means something different to everyone. “It depends on your own life planning, your individual goals and what you need to be happy,” reads a blog post by fyoumoney. The “ultimate fuck you” is early retirement.
The blog divides the Fuck You Money strategy into three levels. The first level is the lifeline for the worst case scenario. “It’s about covering the running costs for a certain period of time without external cash flow.” To do this, you calculate your monthly requirements. You add up your rent and the costs of your car, food, contracts, insurance, maintenance, loans and other obligations.
You then multiply this need by the number of months you want to make ends meet without any income. The blogger recommends expecting at least six months. With the calculated amount you can say “fuck you” if the worst comes to the worst. According to the blog, you can put the money in a daily money account for that long.
For the blog author, real “Fuck You Money” only begins at level two: financial independence. “We are talking here about investments that regularly generate income in the form of dividends or interest.” It is no longer about pure security, but about living a good life with amenities such as vacations and hobbies, without having to rely on an income .
According to the blog, in order to become financially independent, you should invest the fuck-you money in the capital market. For this purpose, the author relies on ETFs on indices and bonds. How much money you should invest monthly depends on the return.
First of all, you have to add the things you need to live happily to your needs. Assuming a net return of eight percent, the calculation is: Your monthly required amount including amenities multiplied by 150. The result is the amount that you would have to invest in order to get the costs of your amenities paid out as a monthly return.
According to the blogger, level three of “Fuck You Money” is financial freedom. The level differs from financial independence in that dreams can also be fulfilled. “All of our monetizable dreams are included here: the dream house, the dream car, the dream trip and everything else.”
To calculate how much capital you need to invest for this, according to fyoumoney, you can add the costs of your dreams to the monthly amount required and multiply them by 150 again. If you actually get an average return of eight percent for the money, you are financially free.
Disclaimer: Stocks, cryptocurrencies and investments generally involve risk. A total loss of the capital invested cannot be ruled out. The articles, data and forecasts published are not a solicitation to buy or sell securities or rights. They also do not replace professional advice.
Update in March 2024: Content checked and updated.