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this post was submitted on 16 Jul 2023
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No Stupid Questions
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No such thing. Ask away!
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Think it's called a trust fund
My landlord remortgaged the house to pay for a year-long trip around the world.
I guess it’s good he’s enjoying my money.
Yeah, sometimes the trust funds runneth low.
I've seldom met travellers with a trust fund. And I don't have a trust fund myself, nor have received loads of money from parents to fund my travels. This is just such a bullshit answer that always pops up.
Ok. I believe you.
+1
wow fast reply. thanks. hmm ok that's a term i heard but not fully understand. i'll check it out
It’s rich kids living off of daddy’s money i.e. trust fund babies (trust funds are their own separate thing but you can look that up). It’s not like these people were working as a food server then one day decided to travel the world and make videos about it. They needed a nice financial cushion in order to do that. There are exceptions, but it takes a lot of capital to start your own brand, promote it, pay for the traveling expenses, and somehow get a return.
They mean that they came from money.
On the other hand, come join us at !fire@lemmy.ml and learn about financial independence.
subscribed
Is it just:
Step 1) get a tech job in California Step 2) FIRE!
I mean, that definitely helps, but it's more: 1) Spend less than you make. 2) Invest the rest. 3) FIRE!
Investing the £10 I have spare every month doesn't go far to retire early
Yeah sorry, luck of the draw—be born into a family that has money. Else, make that money, retire early, and let your kids have a better life.
Think the actual term is "trust fund baby"
I like 'trustifarians'
Not necessarily. If you have a good job and you save up money you can go travelling quite a bit. Jumping to extremes is not the way to go here
Your right, rich people are just fabrications of the poor....