What is The Red Pill of getting rich? (self.asktrp)

submitted by soyDonEladio

I've read once a comment on TRP that said something in the lines that just like TRP is an 'antidote' to the poison of our feminized society there are other 'antidotes' to other 'poisons'.

What are other common misconceptions that we still hold true? Where else are we still stuck in the Matrix?

I hope it is clear enough what I'm trying to convey.

[–]Gainsndgame 64 points65 points  (8 children)

One of the red pills of getting rich is achieving financial independence. Scope their subreddit, /r/financialindependence, and you’ll discover a new way of life that advocates for accumulating a large enough and diversified enough portfolio that enables you enough passive returns to quit your job and spend your time doing what you truly want to do.

In this sense, much like TRP frees you from the matrix that is the BP conditioning of feminized relationships and society, becoming financially independent frees you from the matrix of the 9-5 and/or the “working for the sake of providing” grind that dictates most of how people in society operate.

There are stories of people reaching their FIRE (financially independent retire early) goals, and spend the rest of their days traveling, making gains through books and the gym, cooking, spending more time with family, or pursuing the hobby they always dreamed of but never saw as sustainable.

Great groundwork that expands on basic saving concepts and investing that personal finance tries to teach. In fact, you could probably consider it the graduated version of PF

[–]Buckeye1234 6 points7 points  (3 children)

Get to a place in your career where you can walk away if you’re disrespected—just like in relationships. That means having skills and having savings. I got disrespected a few weeks ago (passed up for a promotion for completely BS reasons; was told I’d get it a year ago; giving notice as soon as conflicts clear with my new employer).

[–]obama_loves_nsa 1 point2 points  (1 child)


Perfect 👌

[–]Buckeye1234 1 point2 points  (0 children)

Thanks. I was fortunate/disciplined enough to get really high-paying gig out of grad school (Ivy) and being HELLA frugal. Have colleagues who drive Beemers/Porsches. For the longest time I had a rent control apt with just a mattress just to build up the savings/investments. The job is “stressful” but lemme tell ya—the ability to walk the fck away from that sht whenever you want really decreases the stress. You’re no longer in a prison and you’re there by choice and you have intense leverage relative to your bosses. Last year I threatened to quit—and meant it because I could—and got a huge raise. I am also in my mid-30s w/o wife/kids/mortgage/debt. And I intend to keep it that way!

[–]randarrow 1 point2 points  (0 children)

That and r homesteading . Someone actually made a post the other day about regretting taking the red pill by leaving the city and living self sufficiently, and people were almost viscious....

Regarding r financialindependence, there is also r leanfire, a more severe version.

[–]minoc_uo 0 points1 point  (2 children)

Cool. I have to check that out. I was hoping to achieve this through crypto currency.

[–][deleted]  (1 child)


    [–]minoc_uo 1 point2 points  (0 children)

    I kept my company 401k with full matching. I built some mining rigs and collect from those. I should be able to recover the money in about a year's time. I think that's possible.

    I'm planning on reivesting some of the money I make back, but am holding some for long term retirement hopes.

    [–]DanAffid 52 points53 points  (4 children)

    Common misconceptions:

    1. The company is family
    2. You need to be loyal to your work
    3. Good things comes to those who wait
    4. Bragging is bad
    5. HR is there for you

    Those are just BP misconceptions, there are many other problems that prevents people from succeeding.

    In addition, some people can get rich just by being in the right place and time, though successful people tend to actively look the right place and time.

    [–]Buckeye1234 4 points5 points  (0 children)

    Amen, great post. Those 5 things are complete misconceptions.

    [–]justdontfindme 0 points1 point  (1 child)

    Can you expand on number 4?

    [–]DanAffid 1 point2 points  (0 children)

    You have to take credit for your success, people need to know about the good things you did. Just like you need to take responsibility on fuck-ups.

    I used to create a weekly performance report wherein very bold letters colors I'd put the amount of money I've created for my employer

    [–]Governor_Humphries 21 points22 points  (1 child)

    My red pill financial epiphany came when I read this

    [–]Throwawaysteve123456 3 points4 points  (0 children)

    Too much BS out there on this topic. That was a good read.

    The fact is, if you want to be wealthy, and you don't happen to have an inheritance, a succesful business, or perhaps have a handful of certain careers (MD, corp law, large asset finance, etc.), then the only way to get moderately well off is by forgoing things that most people accept as 'standard'. Most middle-upper class people have middle class incomes, and many people with upper class incomes have middle class assets. Frugality is the answer for 99% of people that want to get ahead.

    [–]StrongAffordance 15 points16 points  (0 children)

    Conspicuous consumption, fast fashion, “keeping up experiences”, using money to impress people, debt, student loans, etc.

    [–][deleted]  (5 children)


    [–]JackGetsIt 1 point2 points  (2 children)

    ^ The realest comment in this thread right here. ^

    [–]pridebrah 0 points1 point  (1 child)

    aaannndddd it's gone. What was it?

    [–]JackGetsIt 2 points3 points  (0 children)

    He just said labor arbitrage is a very real thing.

    [–][deleted]  (1 child)


      [–]Taco_Truck_Aficionad 13 points14 points  (6 children)

      Anarcho-capitalism is the ultimate red pill from which all other red pills descend.

      [–][deleted] 1 point2 points  (0 children)


      [–]inNeedOfHelp90210 2 points3 points  (0 children)

      That is a VERY technical way of saying it, but yes, it is definitely true.

      [–]justgotfuckingcucked 2 points3 points  (0 children)


      [–]bickisnotmyname 2 points3 points  (1 child)

      What exactly is anarchy capitalism?

      [–]mickey__ 0 points1 point  (0 children)


      [–]creating_my_life 5 points6 points  (4 children)

      if you don't have a significant equity position (or own the business outright), you're working for someone else.

      the millionaire next door: net worth is the goal, not income. saving leads to more millionaires than earning.

      mr. money mustache: avoid consumption. FIRE.

      [–]bickisnotmyname 0 points1 point  (3 children)

      What is FIRE? Any further advice? I’m deeply interested in attaining financial independence.

      [–]creating_my_life 0 points1 point  (2 children)

      Financial Independence/Retire Early

      I’m deeply interested in attaining financial independence.

      Go read "The Millionaire Next Door". EVERY word of this is pure gold.

      Go read every post from Mr. Money Mustache. (note: I agree with about 80% of what he says, not all of it.)

      Track your expenses down to the penny. I have less than $100 of "unknown" expenses per year. Yes, PER YEAR.

      Financial independence is where you can fund your lifestyle for the rest of your life without having to earn another dollar in income. The equation is 4% of your liquid investments should be your annual expenses. Understand this.

      Stop spending money on stupid shit. (this is where MMM is pure gold.)

      [–]bickisnotmyname 0 points1 point  (1 child)

      Millionaire next door, it’s quite an old book. How much is still applicable?

      I’ve started with MMM. Thanks, I really like his articles.

      I could do with spending less on shit. I don’t really leave myself wanting for things which is bad.

      I’d like to know how to use the funds I have to make them work for me. Basically investment. Started with some crypto and had alright returns. I just think that’s a bubble waiting to pop. Any investment advice for a newcomer?

      [–]creating_my_life 1 point2 points  (0 children)

      Millionaire next door, it’s quite an old book. How much is still applicable?

      Every damn word. The more things change, the more they stay the same.

      I googled "Millionaire next door 2017", and this was one of the reviews, there are many more: http://rockstarfinance.com/millionaire-next-door-book-review-thomas-stanley/

      I could do with spending less on shit. I don’t really leave myself wanting for things which is bad.

      MMM teaches you to want less. Happiness is wanting what you have, not having what you want. Every stupid thing you buy is money you're not investing and isn't growing for you.

      I’d like to know how to use the funds I have to make them work for me.

      /r/personalfinance has a really good flowchart. It basically says to take care of your foundation before you invest.

      Basically investment. Started with some crypto and had alright returns.

      Crypto isn't an investment. It's speculation and gambling. Understand what this means. It's fine to go gambling, but just be able to lose 100% of what you gamble. Investment is where you own part of something that generates revenue.

      Any investment advice for a newcomer?

      The ONLY correct investment advice is, "Low cost index funds held for a very long time." EVERYTHING else has substandard returns. It's fine that the best answer is also boring and easy. Go read bogleheads forums.

      [–]thefisherman1961 8 points9 points  (3 children)

      All power centers of our society are blue pill in nature. They exist to strip every person of their individuality by brainwashing them into thinking that the greater good is more important than the good of themselves as individuals. That is obviously contradictory to the very individualist Red Pill philosophy. By that, I mean the Red Pill man focuses primarily on himself and on others secondarily. Any institution that requires you to focus on others over yourself is blue pill.

      Government and religion are the best examples of this. Read this: http://archive.is/DTS6Z

      [–][deleted]  (2 children)


        [–]Taco_Truck_Aficionad 2 points3 points  (0 children)

        If by Church, do you mean the Catholic Church? The State Religion of the Roman Empire. Because if so, you might want to be aware that Catholicism was founded as government program, and that all throughout history, all religions were Official State Religions. The only thing that separates a cult from a religion is government recognizance. All throughout history, God and the State have always been one and the same. I would argue that now, the State is the new religion, which is why socialism and communism have become so popular despite the empirical evidence of those systems being total disasters for mankind.

        [–]thefisherman1961 4 points5 points  (0 children)

        So, having a place to gather and discuss certain values, where there is clearly some kind of hierarchy or respect for more knowledgeable people and experience with trp, giving advice to newcomers, trying to influence people and increase your community of red pilled men, shaming betas, spanking those who slip (eg. porn/weed and other anti trp stuff), is in NO way like religion! Yeah, religion is evil.

        Every major religion worships the maniacal demiurge who created this hellhole of a universe that's full of an incomprehensible amount of constant suffering. The most powerful religion in history, the Catholic Church, partnered up with governments to forcibly extract wealth and land from the population, and brutally tortured to death anyone they felt like. To this day it continues to cover up child molestation and threatens that the demiurge will send anyone who disagrees with them to burn in hell for all eternity. And the leaders laugh all the way to the bank. Protestant churches burned witches. Even Judaism and Islam encourage people to commit brutal violence in the demiurge's name, and we can see what a shithole the Middle East is because of those two fucked up religions.

        Like all power structures, religion's primary function is to enhance the wealth and power of those at the top while controling the minds of the people at the bottom. They raise boys to be good beta providers and tell them to not have sex until after marriage (an institition created by the violent demiurge and maintained by violent governments and religions).

        TRP does none of that. It encourages men to not initiate violence against others but instead to hold frame. It encourages you to consider the gym to be your church. It encourages you to focus on your own good instead of the good of the church or the good of the state.

        Also not sure where you get the idea that TRP "spanks" people who slip with porn and weed. Porn and weed are fine in moderation.

        Grow up and accept that religion is a necessity in a society that want's to have solid foundations.

        No it's not, you just made that up.

        It's no wonder that one of the first thing marxism did to western societies was to devalue and ridicule the church.

        That's because it deserves to be devalued and ridiculed

        [–]room_303 6 points7 points  (0 children)

        Much like the "body cannot live without the mind" -- "The women cannot live without the facebook."

        [–]Random_throwaway_000 2 points3 points  (1 child)

        It's not that hard. You're a young single guy who won't get married or have kids. No point buying a house. Shit, any decent career will mean you're a millionaire by retirement.

        No, it's not clear, but I took your title literally anyway.

        [–]Buckeye1234 1 point2 points  (0 children)

        Amen to this too! Why anyone would get married and give that leverage to a woman/state escapes me!!!!!

        [–][deleted]  (6 children)


        [–][deleted]  (5 children)


          [–]JackGetsIt 0 points1 point  (4 children)

          You'd be amazed at all the extra expenses that come up in the course of a year. Medical, accidents, theft, weird fees/taxes, donations, gifts, repairs, mistakes, etc. etc. Even an excellent budget can be off by 20-30%

          [–][deleted]  (3 children)


            [–]JackGetsIt 0 points1 point  (2 children)

            Say I'm making $70k a year after taxes

            Most people aren't working with this type of base pay. Your numbers are also going to change DRASTICALLY depending on where you live.

            edit. Also people lose jobs and while searching for new jobs are out of income. Moving costs for new jobs as well effect budgets. People are moving and change more jobs more frequently than ever. You're also leaving out student loans and paying for a family.

            [–][deleted]  (1 child)


              [–]JackGetsIt 0 points1 point  (0 children)

              Ok. I still don't think you're seeing the big picture here. Let me run some numbers for you.

              50k salary.

              1/3 gone for taxes and 401k/pension. You never even see that money.


              Student loans based on that income are going to be minimum 500 a month payments.


              Rent's are sky high right now. You're not getting under 1200 in most areas. Let's assume you get a roommate, so 600 a month.


              Food is sky high and people don't cook anymore and most jobs don't give you time to cook. So 500 is bare minmum and ends up way closer to 1000k for most people but lets do the 500.


              50k income saving should be minimum 10% of salary.


              Car payment and ins. 300 minimum. Gas 200 per month.


              Phone, internet, are now mandatory to exist in modern society. Lets also lump in utilities. So 300 is super conservative estimate.


              You've got 400 dollars (over the whole year) now left for: hobbies, vacations, accidents, extra work expenses, clothes, shoes, toiletries, fees, mistakes, parking tickets, buying media, maintaining the things you own, etc, etc.

              All this also assumes you don't have a pot or cigarette or drinking issue. Also this assumes you never go on dates or social events that cost money.

              [–]2chazthundergut 1 point2 points  (0 children)

              Red Pill of getting rich: earning lots of money does not make you rich, but rather living a consistently frugal lifestyle and minimizing your spending while maximizing your savings.

              It isn't flashy, it isn't fun, but it is the bitter truth.

              Just like with diet, exercise, mastering a new skill, etc. That seven figure account is built upon years and years of frugal living, consistent saving, delayed gratification, and smart investing.

              [–]IVIaskerade 1 point2 points  (0 children)

              That you want to "get rich" tells me you're still stuck in the mindset of money being everything.

              All you need is enough money to be comfortable. As long as you have that, there's no point working instead of doing something you enjoy. I do my current job because I enjoy it, but there's no way I'm ever going in for a saturday shift when I could be packing up my snowboard and heading to the indoor slope and perfecting my melon nosegrab fakie switch 180 instead.

              [–]jm51 0 points1 point  (1 child)

              BP rich: Was reading of a business tycoon, easily a billionaire on todays money. Huge house, butler, well known chef exclusively employed by him. You get the idea. The guys favourite meal was shepherds pie but his chef refused to make it for him because reasons. He hosted top level dinner parties and needed his chef so couldn't fire him, therefore no shepherds pie.

              RP rich: Middle aged guy I knew. Working class and clued up wrt finances. Owned a good house, no mortgage. Also owned 2 black cabs, no debt on them. (UK black cabs need a 'plate', similar to a medallion with NY taxis.) He only worked on the cabs when he felt like it. (Other drivers paid to use his cabs.) His life might not have much sparkle to it for some but it was exactly the life he wanted.

              [–]gaki123 3 points4 points  (0 children)

              wtf is this post. Are you autist?

              [–]Ricky469 0 points1 point  (0 children)

              The goal of "getting rich" should be security. I like the term financial independence myself. Gaudy displays of wealth are foolish, it only makes you a target for gold diggers.

              Wealth gives you options, wealth makes you able to indulge interests and travel. But having a secure existence enables one to handle the unexpected.

              I have luck in wealth attainment. I have a nest-egg of about $2 million, own several properties, and have a six figure job in science. My main residence that is my public face is nice but still modest. I am in my late 50s I'm at peak earning but am not reliant on my current job, I have worked for many research companies and the government over my career. I get a few new offers each year. I love my work and enjoy teaching on the side. I plan on working until I'm 67. I do not wish to withdraw from society but could if there was a reason to.

              I do tend to think about old age and retirement. I am curious about how other RPers plan to handle old age.

              [–]lolexbolex 0 points1 point  (0 children)

              Getting rich.

              [–]TheBrokenRuler 0 points1 point  (0 children)

              Eh, read the 48 rules of power & another book called Mastery both by Robert greene, that'll probably redpill your mindset for society, power, wealth and work ethics all in one.

              [–]shittyjuice55 0 points1 point  (4 children)

              Take risks

              People investing bitcoin are taking huge risks. Who knows if it'll be better getting into it instead of stocks and bonds

              find the next big thing and dump what you can into excluding necessary residual income

              [–][deleted] -1 points0 points  (3 children)

              Yeah sure dump your money into a controversial thing such as bitcoin, which is now being argued and criticised for being a pyramid scheme.

              [–]1atticusfinch1973 1 point2 points  (1 child)

              Cryptocurrency isn't going anywhere soon, and you can cash in if you're smart. Just like any other risky investment. If you invest what you can afford to lose then it's no real risk and the potential upside is massive.

              [–]gaki123 -3 points-2 points  (0 children)

              Cryptocurrency isn't going anywhere soon

              Exactly. That's why it's bullshit

              [–]shittyjuice55 0 points1 point  (0 children)

              Way to delete your profile moron