J.L. Collins

And he said, you know, when you achieve a certain level of wealth and that wealth is throwing off a certain amount of more money and that money exceeds what you need to live on and then some, everything essentially becomes free.

And that's a wonderful place to be.

It was an epiphany for me.

I'd never thought about that.

So it's a, because it's a family book, that's why I call it F-U money as opposed to spelling out the word.

You know, Robert, kind of a little funny aside, I have had people object to that.

I've even had people say, I stopped reading the book when I got to that, but I've also had people say,

why don't you just use the word?

And so anyway, for what that's worth.

But yeah, so in my mind, I think of it a little differently than I think most people do.

So I think most people equate having a few money to being financially independent.

And that's fine.

I've always thought of it as the interim on your journey to full financial independence.

So full financial independence is when you have enough that your investments are throwing off enough to live on to cover all of your expenses.

And FU money is the money you start having the moment you set foot on this path.

And every step of the journey, you acquire a little more.

It's like going to the gym.

You get a little stronger, a little stronger financially, a little stronger financially.

And during the course of that journey, having that FU money makes you more able and more comfortable to take bolder decisions than you might otherwise.

Maybe to step away from a job that's not really working for you.