A lot of celeb “news ” sites are regurgitating a story about Pink’s personal finance philosophy. (I know this because, alas, I read many a smutty celeb site.) The original quotes are from an interview in Entertainment Weekly. Here’s what the soon-to-be-33-year-old mother and wife said:
“When I first started, L.A. Reid said, ‘Make sure you put money into your F- - - You account. That’s the account that, one day when people ask you to do things you don’t want to do, you say “F- - - you.” ’ I make sure that my F- - - You account is okay, so that you never have to make decisions based on money. I feel like that’s where people kill their careers.”
Pink puts half of everything she earns into this account, and she says its existance means she’ll never be forced into reality TV.
The gossip hounds are probably making such a big deal out of this quote because:
- she said a cuss word (oh my!).
- a pop star is savvy enough to understand and control her own finances. Your garden variety pop-squeak usually only speaks on this subject matter during court appearances testifying against unscrupulous financial managers.
- she’s a woman and creative type talking about money (again, oh my!)
Most of us don’t make millions – especially just for showing up in public in our underwear – and that means we likely can’t stash away half our paycheques. But the sentiment behind this particular type of account is something we should all consider.
I would also take it a step further. This f— you should apply to anything that doesn’t work for you anymore. I’m speaking specifically about personal relationships now.
I recently had a conversation with a gender non-specific person (clearly, I don’t want to violate anyone’s privacy here) who isn’t able to leave an unhappy romantic partnership because of finances. This person simply can’t afford the break up. It breaks my heart when I hear about people staying in a job they hate or staying with someone they hate, because they don’t have the financial resources to get out.
As unromantic as it sounds to stockpile funds just in case your romance breaks down, it’s also very realistic. Coupling is complex, and there are many factors and challenges in a relationship. Money is only one of them.
But it should never be the ONLY reason you stay with someone. No one should hold you back because you need their cash…be it your boss or your boo.
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