Author Topic: Blog post: F... You money  (Read 14220 times)

Patrick

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Blog post: F... You money
« on: April 07, 2015, 02:17:21 pm »
Not saying it, but having it :)

http://investorchallenge.co.za/f-you-money/

JDP

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Re: Blog post: F... You money
« Reply #1 on: April 07, 2015, 02:45:22 pm »
Very nice, I have used the F-You money when leaving my previous two employers. I did not take the nice break, but i'm way above the average that a lot of my peers are getting salary wise due to
being able to negotiate from a position of power.

Another fringe benefit was, that my previous company and current company i work for, was mighty impressed that I could start "Right now".

Moneypenny

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Re: Blog post: F... You money
« Reply #2 on: April 08, 2015, 02:34:15 pm »
You've nailed it.  Good article, well done P.

jaDEB

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Re: Blog post: F... You money
« Reply #3 on: April 08, 2015, 05:48:44 pm »
Nice article,

Here is jaDEB's version.

Mine is not called F-you monies, it is IICM monies. Working in the Petrochemical industry has been the worst it has been in my career, my IICM monies is there now to make up for my , No Increase this year, No Bonus, and do I still have a Job in a couple of months. My role model Alfred E Neuman say, What Me Worry?. Well he can, cause he is 12, and does not have children, Bond, 4 people on Medical Aid, car payments, Water and lights, M-Net, Internet and a week end soil engineer. But wait Alfred, u going to grow up and it is going to slap you when you least expect it. My IICM monies will last about 3 months, hope it does not come to that. But I see it all round me, companies handing out the dreaded retrenchment letters, companies closing down, companies cutting costs. Your Blond ex that moved down to Cape town for the big oil job is probably on a 40 hour week now. But enough of my whining, let work harder and get this cr@p sorted.   
jaDEB

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gcr

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Re: Blog post: F... You money
« Reply #4 on: April 08, 2015, 10:01:24 pm »
This article is all well and good when dealing with a carefree life style, however one of the issues that will bite you in the arse when you get to 55 and want to consider retiring is have you put enough away to meet you continuation of your life style in your retirement years. Today if you are circumspect in your life style you are likely to life as long in retirement as you are likely to have worked. Ensure that you put away at least 18 to 22% of your annual income into some or other pension fund based on your current gross annual income, if you don't you will clearly run out of funds
Not everything that counts, can be counted, and, not everything that can be counted counts - Albert Einstein

Patrick

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Re: Blog post: F... You money
« Reply #5 on: April 09, 2015, 08:37:05 am »
Very nice, I have used the F-You money when leaving my previous two employers. I did not take the nice break, but i'm way above the average that a lot of my peers are getting salary wise due to being able to negotiate from a position of power.

Another fringe benefit was, that my previous company and current company i work for, was mighty impressed that I could start "Right now".

What field are you in JDP? In IT there's a definite trend that those who change jobs every few years earn more than the rest.

Patrick

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Re: Blog post: F... You money
« Reply #6 on: April 09, 2015, 08:39:07 am »
Mine is not called F-you monies, it is IICM monies. 
I'm still trying to figure out what IICM stands for. :wtf:

JDP

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Re: Blog post: F... You money
« Reply #7 on: April 09, 2015, 11:12:30 am »
@Patrick, yes im in IT, Backend/Frontend/Web development, hoping to move to Mobile soon. ;)

And yes, there are very few ppl I know that work at one company in IT for more than 5 years.
I dont see this as a Loyalty issue, alot of people do.

To me its a contract, straight up business agreement.

I agree to use my skillset and do the work they allocate me, according to a agreed time schedule.
They agree to pay me for this, and allocate work to me that I specialize in according to a agreed time schedule.

If either breaks the agreement its time to move on. :TU: