Something I wish I did at least as much as recommended (in Brazil, which is, say, half USA’s recommendation): Worry about $$$
I avoid this worry because:
1) Getting $$ seems boring compared to going to the movies, reading less wrong, creating transhumanist charities.
2) It seems to be a lottery, where the few get a lot. Not being motivated for this decreases my odds. So my odds are really low.
3) Grown up as the son of a motivated money-maker, and have seen what it takes to get his share. Not willing in the least to pay the price.
4) Not an ambitious individual, never want to live alone (prefer with friends), or have kids, dislike expensive fashion.
5) Feel in control of my time now, wouldn’t if working.
6) Have a lot of knowledge of philosophy, psychology, and a natural tendency for speaking to audiences, would waste all those talents if went to commerce, banking, industry, or anything that will pay me more than one third my parent’s household income
7) Never had an emergency situation which would cost too much that I could not afford
8) Seems reasonable to assume that an extrovert individual with a degree from the country’s best university IQ ~150 would be able to acquire money as soon as the need really comes, so no reason to do it in advance, just like no reason to have arthritis or alzheimer in advance.
Strategies for dealing with money seem to me to come in two varieties: Have as much income as possible and don’t worry much about the outgo, or have as little outgo as possible and don’t worry much about the income. It seems to me like you’d prefer the latter, and I don’t see anything wrong with that.
It is a less popular kind of choice, and one that many people don’t really understand, so you might always have to deal with people objecting to it, but that doesn’t mean it doesn’t work, it just means that they don’t understand it, or possibly that they’re jealous. ;)
Googling ‘frugality’ should get you some good advice about making that kind of lifestyle work.
I also suggest testing your assumption in #8 that you can easily make money whenever you need it by doing so in order to set some money aside in case of an emergency as in issue #7. This is actually more about #8 than #7, though—basing your lifestyle on an untested assumption like that isn’t wise, and if (as I expect, actually) the assumption turns out to be accurate, having the experience of finding a job (or whatever) when you don’t have an emergency will be useful if you have to find one (or whatever) when you do.
On:
4&7) How old are you? Is it likely your preference for having kids/living arrangements etc will change over time? Do note that even if your own preferences for living with friends remain constant, they may want to go the traditional family, home route. Also medical emergencies etc are of course rarer for the young than for the elderly.
8) This is a reasonable assumption, but be aware that if you are looking for a 9-5 job with a steady salary later in life you will need to explain the gap years to the recruiter. Also, if the need comes in the form of an emergency, you may not be able to acquire money fast enough.
Perhaps you need to investigate ways to monetise your talents instead of thinking about a traditional job that pays you a lot more than you need.
People keep telling me I should, my current situation would only finance me for about 5 − 8 years and I plan to live a few hundred thousand more, and in the last two years, eating in my city has sky-rocketed to about 30 dollars a meal. It seems unsafe to wait for five years and then worry.
Something I wish I did at least as much as recommended (in Brazil, which is, say, half USA’s recommendation): Worry about $$$
I avoid this worry because: 1) Getting $$ seems boring compared to going to the movies, reading less wrong, creating transhumanist charities. 2) It seems to be a lottery, where the few get a lot. Not being motivated for this decreases my odds. So my odds are really low. 3) Grown up as the son of a motivated money-maker, and have seen what it takes to get his share. Not willing in the least to pay the price. 4) Not an ambitious individual, never want to live alone (prefer with friends), or have kids, dislike expensive fashion. 5) Feel in control of my time now, wouldn’t if working. 6) Have a lot of knowledge of philosophy, psychology, and a natural tendency for speaking to audiences, would waste all those talents if went to commerce, banking, industry, or anything that will pay me more than one third my parent’s household income 7) Never had an emergency situation which would cost too much that I could not afford 8) Seems reasonable to assume that an extrovert individual with a degree from the country’s best university IQ ~150 would be able to acquire money as soon as the need really comes, so no reason to do it in advance, just like no reason to have arthritis or alzheimer in advance.
Strategies for dealing with money seem to me to come in two varieties: Have as much income as possible and don’t worry much about the outgo, or have as little outgo as possible and don’t worry much about the income. It seems to me like you’d prefer the latter, and I don’t see anything wrong with that.
It is a less popular kind of choice, and one that many people don’t really understand, so you might always have to deal with people objecting to it, but that doesn’t mean it doesn’t work, it just means that they don’t understand it, or possibly that they’re jealous. ;)
Googling ‘frugality’ should get you some good advice about making that kind of lifestyle work.
I also suggest testing your assumption in #8 that you can easily make money whenever you need it by doing so in order to set some money aside in case of an emergency as in issue #7. This is actually more about #8 than #7, though—basing your lifestyle on an untested assumption like that isn’t wise, and if (as I expect, actually) the assumption turns out to be accurate, having the experience of finding a job (or whatever) when you don’t have an emergency will be useful if you have to find one (or whatever) when you do.
On: 4&7) How old are you? Is it likely your preference for having kids/living arrangements etc will change over time? Do note that even if your own preferences for living with friends remain constant, they may want to go the traditional family, home route. Also medical emergencies etc are of course rarer for the young than for the elderly.
8) This is a reasonable assumption, but be aware that if you are looking for a 9-5 job with a steady salary later in life you will need to explain the gap years to the recruiter. Also, if the need comes in the form of an emergency, you may not be able to acquire money fast enough.
Perhaps you need to investigate ways to monetise your talents instead of thinking about a traditional job that pays you a lot more than you need.
Wait, so why do you want to then?
People keep telling me I should, my current situation would only finance me for about 5 − 8 years and I plan to live a few hundred thousand more, and in the last two years, eating in my city has sky-rocketed to about 30 dollars a meal. It seems unsafe to wait for five years and then worry.