1 BSD ≈ $10
Being unemployed gets you a lot of free time to think about your finances. Especially because no one is financing you. heheh. But jokes apart, it is rather hard to understand a bunch of financial concepts to build wealth especially when you have at least some initial savings. Now, this number might be different for everyone and many people have a number of financial responsibilities and debts. Those aside, my whole point here is to discuss what is that sort of basic unit of money, which if spent, you'd anyway give like zero fucks to it. Essentially this is no revolutionary idea, but a more basic form of fuck-you money. In principle.
For those uninitiated, fuck-you money is basically the minimum amount of money you need to say fuck-you to all essential expenses like rent and food. Like I mentioned above for some people this amount is high, and for some other adventurers this amount could be next to nothing. But we will not judge any of it, because that's the whole point. You need to look at fuck-you money as something that you must get to, by any and all means possible, because that allows you to be your truest self.
So why break this down? The main idea here is that going through tomes of financial books (which I have) and then endless work on economics (which I have not) is a long and time-consuming process. An alternative to the same is to peg everything to your personal sentiment. What is that minimal amount of money which you don't mind spending? And if you see it like a currency, you can see where you stand. For all of us not-royalty folks this amount starts at a solid zero, and you work your way up. Maybe, when you were a child it was $0.01 for you. And as you grew up there wasn't a lot of shift until you start saving (not earning, here's a trapdoor to look out for). And when that happens the BS Dollar appreciates. Over time you might have debts, EMIs, and loans to repay, when your BSD value might run around the same as $1-2. Then at some point most debts might be sorted and you start to understand spending better, where this value appreciates for you greatly. You setup emergency funds, insurance for parents, the works.
Beyond this point a BSD serves as a great measure to see yourself as an investment, and check how much runway you have. I find it easier to compute my expenses in BSD, and compare it to where I want to be. The whole idea is to keep your currency appreciating. For example, you can consider your living expenses to be say $150 a month incl. everything. But compared to the dollar this value remains flat. If you start seeing it as 150BSD, you can do something about it. It can over time become 120BSD, then 100BSD, and so on until you stop worrying about it.
This can be done over a long period by passive investment and purely saving money, which would like definitely work 8/10 times. Most finance books essentially boil down to this one principle. Saving grows money. But alternately (is that a real word?), you can go all in and work on yourself to see how far you can fly. There is no judgement in doing either, but know that it is you and you alone who decides that. Parents, bad idea. Partner, depends. Anybody else, not a chance.
What does BS stand for, I hear you ask. It could stand for a BaSic dollar, or a Borrow for Self dollar. But my favourite has to be the BullShit dollar, which is originally what me and my friend came up with when discussing the whole thing.
A.
https://music.youtube.com/watch?v=-ZH_H5u4yJ8&si=ItRfJQ5a9hj2pxls