What FU Money Actually Is (And Why Financial Freedom Starts Sooner Than You Think)
00:00:00.000 | FU money is the same as being financially independent.
00:00:04.060 | Financial independence is when you get to that fully independent stage, and FU money
00:00:09.960 | are the steps along the way.
00:00:11.840 | The moment you begin saving and investing, you now have FU money.
00:00:16.480 | It's kind of like going to the gym.
00:00:17.760 | The moment you go, you're not going to be bench pressing 300 pounds the next day, but
00:00:23.100 | you're a little bit stronger than you were the day before, and that's your FU money.
00:00:28.000 | The more FU money you have, the bolder you can be.
00:00:31.680 | A lot of people are intimidated when they start because they say, "Wow, being financially
00:00:36.280 | independent at some large amount of invested assets, that feels like a long way off and
00:00:42.920 | maybe not even possible."
00:00:44.440 | It's not an on-off switch.
00:00:45.840 | You don't have to wait for the benefits to come to you until you're at that destination.
00:00:50.800 | The moment you start, you become stronger and better able to make better decisions.