Trying to think of a good name for your retirement fund? Here’s a funny Dilbert comic about a colorful option:
In fact, the origins of the term “F— You Money” can be traced to actor Humphrey Bogart. The following quote is attributed to him:
The only good reason to have money is this: so that you can tell any SOB in the world to go to hell.
There is also this story from some biographical accounts of his early years:
Long before he was Hollywood’s most famous tough guy, Bogart began his acting career on the stage. After serving in the United States Navy during WWI, he got his start playing a handful of very juvenile roles in drawing-room and country-house comedies. In 1920, he scored a leading roll in the comedy “Cradle Snatchers” and received a bevy of positive notices. It was during this time that he was said to have kept $100 dollars in his dresser drawer at all times, calling it his “F” you money. Instead of taking a part he didn’t want, he could just say “F” you.
I looked it up and $100 in 1920 was about $1,000 in today’s dollars.
I like Bogart’s definition better. He basically says “I’ve now got the financial independence to be picky in how I spend my time.” You don’t need a million bucks. Even a smaller sum of money tucked away can make a big difference in your mood and outlook on life. The first $25,000 I saved up freed me up to pursue my real passions and make the next $250,000.