Why so much obsession about FI/RE. And is cheapness a new trend?

Sep 16 40 Comments

It looks like nowadays everyone is a huge proponent of the FI/RE, the net worth is the only thing people of Blind care about. And I get it, it seems to be a healthy and reasonable goal to have. But it looks like just too many people are becoming unhealthily obsessed with the idea of achieving FI/RE no matter what. They are freaking out about the fact of spending another hundred bucks on a dinner or buying their fiancé a Louis Vuitton bag once in a while… I mean, taking into account you’re earning $200k+ do you really think that spending will make so much harm to the net worth? And I’m not talking about the extremes when you spend all your money on that shit, and I obviously know how compound interest works overtime? But still, what’s the fucking point in spending your time and brainpower on fighting the idea to spend on something that brings you happiness/joy/pleasure/whatever. Don’t you have something bigger to think of?

And another question, why so many people think that once FI/RE is achieved they will be overloaded with a shitload on new cool ideas, they will have so much time and energy to dedicate it to things they were always passionate about. I mean... really?

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TOP 40 Comments
  • Roku cruella
    What's up with the sudden lengthy rant so early in the morning?
    Geez get a cup of coffee!
    Sep 16 2
    • Oracle
      not_larry

      Oracle

      PRE
      Amazon
      not_larrymore
      Clearly OP’s fiancé refused to buy them a Louis Vuitton bag
      Sep 16
    • Roku cruella
      Then go steal one.
      Now I have to teach them how to procure a Louis Vuitton!
      Sep 16
  • Oracle
    not_larry

    Oracle

    PRE
    Amazon
    not_larrymore
    The high TC most of us have may not last for long. Act accordingly. Save when you have the income so you won’t be crying when when you are not making so much or worse nothing.
    Sep 16 1
    • Roku cruella
      Or buy ur own damn fiance to buy them a Louis Vuitton
      Sep 16
  • Bank of America / Product Quacky
    I would just never date someone who wanted me to buy them a Louis Vuitton bag "once in awhile"
    Sep 16 7
    • Roku cruella
      If they want a Louis Vuitton once in a while I wouldn't dare call them an adult.

      And Chinese knock offs is what u get when u beg for such frivolous luxuries.

      Edit: we r on the same side of the argument buddy.
      Sep 16
    • Facebook cocosof
      >complains about buying a gift for his fiance once in a while
      >same guy buys a console and several games once in a while
      lol
      Sep 16
    • Roku cruella
      Of course. The guy gotta be the guy. Lol.

      I am cheap tho. I don't play games either.
      Sep 16
    • Bank of America / Product Quacky
      An adult buying things for themselves?
      Sep 16
    • Roku cruella
      Now a days they call it adulting
      Sep 16
  • Microsoft LPiV33
    some assumes having child is a blocker for FIRE. what’s the fking point of living and earning then?
    Sep 16 2
    • Roku cruella
      Plenty of reasons.

      No need to give up your freedom to your "selfish genes"
      Sep 16
    • Microsoft ped89
      What's the fucking point of having kids? They are so expensive, are a legal liability. People who want kids are dumb.

      What to do with your money? Indulge in your taboo hedonistic fantasies... Live LIFE!!!
      Sep 16
  • Boeing utthii
    I have achieved FIRE but still working just because I enjoy it. I enjoy it even more knowing that I can quit anytime.

    Being financially secure brings peace of mind, helps you live a stress free and worry free existence. Wasting money on trivia things such as Louis Vuitton will delay that goal.
    Sep 16 0
  • Facebook public2
    Didn't spend any money for about 7 years to fire and haven't been worried about money for decades since. That's why. A+ would recommend and absolutely do again.
    Sep 16 4
    • Facebook cocosof
      I spent 0 years saving and havent worried about money since?
      Sep 16
    • Facebook public2
      That's awesome! Money is a big source of stress for many of us, especially those of us with dependents and significant obligations. If you found a way to live without stressing it that is awesome! Born wealthy or just don't have any significant living expenses?
      Sep 16
    • Roku duck duck
      Money is not the source of stress; it’s obligations.
      Sep 16
    • Facebook public2
      Ok sure...but what's your point? Most people want the obligations of say having a place to live or having children so the solution is to have enough money that those things are covered. Getting rid of obligations and being homeless might reduce money stress but have a whole series of other issues.
      Sep 17
  • Cox Automotive / Data VVTN45
    1. Don’t be weak consumer bich boi
    2. Put money in index funds
    3. Spend quality time with spouse, kids, aging parents rather than in office
    Sep 16 0
  • Apple
    ST8Pr1d3

    Apple

    PRE
    BT
    ST8Pr1d3more
    I don’t care about any of that jive. I save money and I spend money. I splurge on things I enjoy but I don’t think about it much. Life is short
    Sep 16 2
    • Roku cruella
      Life is not short if you know how to use it.
      Sep 16
    • Apple
      ST8Pr1d3

      Apple

      PRE
      BT
      ST8Pr1d3more
      Umm okay? 🤷🏿‍♂️
      Sep 16
  • Microsoft ped89
    It's all about FUCK YOU money. Can you say FUCK YOU to your coworkers, boss and job (if you wanted to)?

    Thankfully I have a great team. But when it goes to shit, and let's face it nothing last forever, having the FU Money is awesome.
    Sep 16 1
    • Roku duck duck
      You’re not understanding the concept of FU money...
      Sep 16
  • Indeed / Eng uPrj01
    Wtf is FIRE?
    Sep 16 1
    • Roku cruella
      Financially independent , retire early.
      Sep 16
  • Meetup svk837
    I’m not sure why you’re bent out of shape about it.

    Some people, especially in tech, realize that they’re making 5-10x the median American income and could live a comfortable life indefinitely by working a few more years and saving aggressively.

    You never get back time, so the freedoms to do more of what you want is priceless.
    Sep 16 0
  • Pandora x0kjF
    Here's a leetcode, kid. Now buy yourself a Louis Vuitton.
    Sep 16 0
  • Facebook cocosof
    This post is woke. Live life while young and kill myself before growing old and worrying about age or economy or retirement is my philosophy. Otherwise you will always be crippled by fear, whether that's money, or health, or death.
    Sep 16 4
    • Roku cruella
      That's what Jesus said too
      Sep 16
    • Pandora x0kjF
      Seems you fear being afraid. You fear it enough to kill yourself to avoid it.
      Sep 16
    • Meetup svk837
      If you really believed that, you wouldn’t be alive right now either.

      I’m not encouraging you end things, I’m encouraging you to recognize that your will to live now is still going to exist when you’re “old”. Your definition of “old” is going to conveniently always be 10+ years out from whatever age you are.

      Plan for the future.
      Sep 16
    • Facebook cocosof
      Ah how I regret not ending it when I was still young and cute. Immortalized in their memories, full of life, tragically cut short.

      I'm already old, I don't want them to remember me in this body. Well, they are even older, so I'll just have to wait
      Sep 16
  • Amazon TDKU11
    $200k isn’t that much in HCOL if you want to FIRE.
    Sep 16 0
  • OP
    I see the point about having choice of leaving your job without worrying too much is quite common among FIRE people. Despite that, it appears, they do not leave the job, do not take more risk, do not start working on some interesting ideas. Instead they proclaim to have a shifted mindset, now they can do the work without bothering too much about outcomes. That is great and all btw, but I wish there were some examples of people achieving great results in any area after being FIREd.
    Sep 16 1
    • Cox Automotive / Data VVTN45
      Who cares? To each their own.
      Sep 16

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