[mark212]

it's that middle bit that seems to cause all the consternation: "Save enough that work is optional". It also could be (and I don't mean to sound like an old grump or condescend so apologies in advance) that people in their early 20s haven't been soured on employment sufficiently yet. I was much more idealistic and had a greater tolerance for work-related BS when I was in my early 20s.

I'm nearly 50 now and after being burned several times I made a vow to myself never to be dependent on anyone else again. Even if you work for an incredibly well-funded company, that doesn't mean some dweeb with an MBA in some office in another city / state / country won't wake up one day and decide to wipe our your entire division just because she needs to make a bigger bonus.

I've seen pensions disappear overnight, industries collapse quicker than anyone ever thought, and vibrant cities crumble when big employers shut their doors. Painful and stressful in the extreme.

I've also blown $10k on something stupid instead of buying another bunch of Apple stock, reasoning that I'd make it up later in life easily enough. That was 1997. The $10k would be well over $1 million now.

The biggest thing to learn is that money doesn't equal happiness. That, for me, is the repeated lesson of MMM and related authors. Freedom to make decisions without reference to finances is a massive, amazing thing.