If you are chasing money for a decade or so then by now you may have reached a position where you chasing the money for the wealth is not your strongest motivator anymore. And then eventually your mind gets focused on the "F*ck you" money. This threshold would eventually get you to move towards the altruism because chasing the money isn't worth it anymore.

So what is F*ck you (FU) money?

Basically for monthly expenses and the investment, you need a specific amount of money for yourself. And that money is different for each one of us. And once we have it we can replace our jobs and say FU to our boss. This is one of those points or say threshold where we have control of our financial life.

This "FU" money is not exactly financial independence but it is kind of like beak-even type of the threshold. Where everything just pays out. If you want more than this to stay in safe zone then financial independence zone is what you should seek out. For me this amount is 1000 USD per month. Which could put me in financial independence, though it's not a rich feeling but for next 5 years it's good enough for me.

How Crypto helps with FU Status?

I think one of the biggest point of the crypto is "buy low and sell high". Which could put you in much more better position. Like you buy some coin which is low during the market bear and then once the market recovers you get the value it deserves. And that is when you make the exit. Which could either help you with the financial independence or it could even make soft exit with the FU money.

Either way crypto has a good place for you to invest the money you can afford to lose. If things work out it can bring you a good sense of safety net later when you choose to sell the crypto. It may not make you Rich to buy an island (unless ofcourse you have enough stakes in some coins for that). But then again those who can become rich with crypto probably won't be reading articles online and instead doing the trade to execute that dream.

I feel it's possible to make FU money with the crypto.

FU Money or Financial Independence

I feel like reaching the FU money status by making my investment in the crypto. I do the side hustle of content writing too. My YouTube hustle is partially doing good but we never know how long the party lasts in the online income chase. So the goal ultimately is to reach the financial independence and then quitting the hamster wheel to focus on something that is steady and reliable.

My journey is full of turtle speed, pain, humiliation and attacks, which is my karma. I feel reaching financial independence won't be easy unless I choose to face my fears, face my demons.

I feel first goal has to be the FU money then the financial independence. You can skip steps and directly aim for the Financial independence. But you never know how that would end up for most of us. As our income streams are often limited and we don't know how to reach the top the same way like others did. Each to their own. So for me it is in ladder like steps, one article, one product or one video at a time, each contributing to that phase.

How do you think one should aim for the financial independence? Do you think FU money should be chased first or FI? Have you tried achieving either of them using crypto?