|
|
|
|
|
Forum
-> Household Management
-> Budgeting & Bargains
amother
OP
|
Sun, Nov 27 2022, 10:29 pm
My husband gets a thrill balancing the bank. He likes when we have no money. For example. He paid up all the bills for next month and is left with $1,000. His thought, "what should I do with this $1,000 that is sitting in the bank." We basically have no savings and I keep telling him that most normal people save money. He told me to give him a goal and he will save that amount of money. I own a house and have a 401 K which I contribute biweekly.
How much money is it normal to have in savings? What do people do, just save and save and save? Or, do people invest.
What should I tell him our goal should be?
| |
|
Back to top |
0
|
amother
Pistachio
|
Sun, Nov 27 2022, 10:39 pm
First step is to have 3-6 months of daily living expenses set aside in case of emergency. If you need 2K a month to pay the bills, save 6-12K in a liquid form.
What's your retirement plan?
Do you have kids? Invest in their future- start saving for their college/sem/wedding expenses. I'd say minimum 20K per kid, as a goal if you can
| |
|
Back to top |
2
|
amother
OP
|
Sun, Nov 27 2022, 10:56 pm
how do I change the section?
| |
|
Back to top |
0
|
Related Topics |
Replies |
Last Post |
|
|
Let's play "Save The Cake"
|
9 |
Sat, Apr 20 2024, 3:07 pm |
|
|
[ Poll ] Flatbush community fund pesach money-did you get it yet?
|
17 |
Fri, Apr 19 2024, 6:59 pm |
|
|
Best bank account bonuses to earn extra money
|
2 |
Wed, Apr 17 2024, 8:29 am |
|
|
How much money to give rav when selling chometz?
|
16 |
Tue, Apr 16 2024, 10:22 am |
|
|
Save my fish!
|
6 |
Fri, Apr 12 2024, 12:49 am |
|
|
Imamother may earn commission when you use our links to make a purchase.
© 2024 Imamother.com - All rights reserved
| |
|
|
|
|
|