Here’s my latest FU money story from yesterday:
First some background: I left full time employment in Feb 2023 when I was 55 and reached the point where we have enough money (FI) and no longer needed to work. My wife continues to work, but only because she wants to, she’s 6 years younger than me, and work is an important social outlet for her.
Five months ago: A local technology company got my contact info from a mutual friend and called me from out of the blue, asking if I would help out with a project. I met with them, they have a small, cohesive team, so I said yes to part time work. The work they had for me was ‘easy’ compared to my previous career(s), it was winter in upstate NY, and it was a chance to make some unexpected income.
Three weeks ago: My small, but talented team, has been making excellent progress on our design effort. A recently hired project manager was making his way through the larger team and finally got to us. Started asking lots of questions (well within his rights), but his tone and demeanor were very off-putting to me and other team members. I thought he would leave us alone since it felt like we were making good progress. But he kept coming back. After I showed him our ‘work plan’, which we were about 2/3 complete, he insisted that we adopt his work plan. Clearly, he wanted to ‘get in our business’ and start micro-managing us with silly and distracting tasks. I tried to explain why I wanted to keep on the original plan, that we were ready to start ordering prototype hardware, and his plan would slow our progress. At this point, it all hit the fan, and he was very upset with me.
Yesterday: I woke up early, typed a friendly/professional resignation letter and sent it to the president of the company. The president immediately called me, said he predicted that this was going to happen (he was aware of the recent tensions), but understood completely.
Lessons learned:
1. Things can go from really good to really bad in an incredibly short amount of time.
2. FU money is the enabler that allows you to step away when it’s no longer fun/interesting.
3. Initially I was not sure how I’d feel about contract work, but in general, I enjoyed the engagement and the opportunity to do some engineering on a part time basis…definitely not interested in full time.