> Does that amount qualify as "F YOU" money? I always thought it was if you have multiple years worth of savings.
F YOU money is so that if your boss/employer/... pisses you off you can tell him "F YOU" and pack your shit and leave without a single worry on your mind
> The amount is highly dependent on your situation and risk comfort level and can be argued back and forth
Absolutely not - it is a simple math. If I spend $10k per month, I need $60k or $120k saved to have a cushion of 6 months (or 12 months). there is no argument, I said F YOU and I am now without a care in the world and can take my time to figure out what I am going to do next without needing to stay somewhere that makes me miserable (or same if I get fired)
> Is there something I am missing?
"According to a YouGov survey from May 2023, only 18% of Americans have savings between $1,000 and $10,000"
Now of course probably 2% of them or less are here on HN...
F YOU money is so that if your boss/employer/... pisses you off you can tell him "F YOU" and pack your shit and leave without a single worry on your mind
> The amount is highly dependent on your situation and risk comfort level and can be argued back and forth
Absolutely not - it is a simple math. If I spend $10k per month, I need $60k or $120k saved to have a cushion of 6 months (or 12 months). there is no argument, I said F YOU and I am now without a care in the world and can take my time to figure out what I am going to do next without needing to stay somewhere that makes me miserable (or same if I get fired)
> Is there something I am missing?
"According to a YouGov survey from May 2023, only 18% of Americans have savings between $1,000 and $10,000"
Now of course probably 2% of them or less are here on HN...