Financial Independence?

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Financial Independence?
OP - October 23, 2011, 11:42 PM

So, during my adventures across the internet I came across one of these sites, which I would have to describe as extremely common, where the topic was paths to financial independence. It basically described various ways to go about saving for retirement, blah, blah, etc. and while one of the methods happened to catch my eye it's not the validity of that method that struck me but rather this:

The implicit notion communicated in all of these programs which all advocated methods of retiring faster with less effort was that "financial independence" is a state that is achieved when you don't have to work anymore. For me though it seems like this notion has nothing to do with the concept of independence at all. After all for someone who hasn't held anything more than a temporary job throughout my nearly quarter century of existence, I can say I'm rather intimately acquainted with the meaning of "dependence".

But still these kinds of sites I find very often, and according to internet demographics it would appear that a majority of their target audience would be necessarily relatively young (under 35-40). I wonder how the concept of "financial independence" as described above can be so attractive to their psyche? After all for the vast majority of people the conventional journey to "retirement" is one filled with work from youth to old age and possibly death. Is it that many are finding the search for meaning through gainful employment to be a rather futile endeavor?

Anyway just wondering what everyone's thoughts are on the meaning of "financial independence". And how do you think the keen interest in obtaining it reflect on our overall society?

By the way, just to sate anyone's curiosity on the matter, the original site I stumbled across happens to be http://www.passionsaving.com/financial-independence.html. And the google query that led me there was "sex is overrated", which I entered after a particularly unsatisfactory wanking session.

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Financial Independence?
Reply #1 - August 30, 2016, 07:52 PM

Imo, financial independence occurs only when you're in a position of "fuck you".

https://youtu.be/xdfeXqHFmPI

I'll be there soon.

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Financial Independence?
Reply #2 - September 02, 2016, 02:43 PM

This is my take on the matter, often young people are coming on here and asking for advice. They are living with their parents are supported financially by their family for their education. So it would harm them greatly to upset their family so much that (in coming out about their exmuslim status) they were suddenly kicked out and end up homeless and not able to study anymore. Also this could be the situation of some women with young children who are dependent on their husband or family. So they are financially dependent as opposed to financially independent. It is rather ridiculous to mention retirement funds.

If they could live on their own with the financial help of their family who might very well be abusing them in many ways or even at risk of being murdered by them, it is rather serious. It depends on the seriousness of the abuse whether they should leave right away. They might end up on public assistance or require charity but others might feel safe enough just by getting a job so they could pay their rent and other expenses without their family's help. That might be the meaning of financial independence. However some people will still experience abuse from their families whether they are living on their own and not getting any financial help from their family.

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