Comment by kelseydh
2 months ago
I think it's implied with FUM that you have enough money to not work for the rest of your life. This is because without the need to work you have total freedom to set your schedule.
2 months ago
I think it's implied with FUM that you have enough money to not work for the rest of your life. This is because without the need to work you have total freedom to set your schedule.
That’s never how it’s been described to me. That’s always been known to me as FI/RE or just being rich. FUM is simply the ability to walk away from a job and be very picky about where you work.
I do like that mindset as that definition of FUM is much easier to achieve than FIRE. However, I always assumed FUM meant you could be so unlikeable or disagreeable as to be unemployable and still be financially fine.