for the young & single crowd

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H

huberm

Golden Member
Dec 17, 2004
1,105
1
0
For emergencies, etc.???

I only keep about $1500 in mine, but would like to add more if my idiotic self would quit buying gadgets and things I don't need.
 
Brainonska511

Brainonska511

Lifer
Dec 10, 2005
28,415
13,370
136
I'm 18, about to go off to college. I currently have >5000 in savings, but that is for whatever I want to use it for (but I prefer not to spend too much money from it, so I guess you can categorize it as emergency funds).
 
mugs

mugs

Lifer
Apr 29, 2003
48,920
46
91
You're young and single... you should be BUILDING savings, not maintaining a constant level.
 
T

tfinch2

Lifer
Feb 3, 2004
22,114
1
0
If I didn't spend a lot on photography, I'd probably have a hell of a lot more. Luckily financial aid covers all of my tuition, but I pay for everything else and don't live at home.

With that said, right now I have about $5000 in ING, no debt, and more than enough credit to face any rainy day I'll be facing before I finish my undergraduate degree.

If I needed more, I could sell some of my stuff, like my camera gear, HDTV, etc.
 
P

puffff

Platinum Member
Jun 25, 2004
2,374
0
0
I'd want about a thousand I could get my hands on the next day. The rest of my savings I'm sure I could liquidate within a couple weeks at most.
 
D

doze

Platinum Member
Jul 26, 2005
2,786
0
0
28 single and living check to check

Any savings I had before/during college was gone after college and I had a 401K until a few months ago when unemployment forced me to cash it in
 
B

b0mbrman

Lifer
Jun 1, 2001
29,470
1
81
Originally posted by: mugs
You're young and single... you should be BUILDING savings, not maintaining a constant level.
Click to expand...

Maybe he's differentiating between liquid savings (savings, MM, and checking) and investments...
 
T

tfinch2

Lifer
Feb 3, 2004
22,114
1
0
Originally posted by: doze
28 single and living check to check

Any savings I had before/during college was gone after college and I had a 401K until a few months ago when unemployment forced me to cash it in
Click to expand...

Ouch.

:beer: to better luck!
 
J

jessicak

Senior member
Aug 15, 2003
542
0
0
all of my money that isn't in other places: checking, roth ira, cds. I have ~5,000 in savings I think.
 
W

wasssup

Diamond Member
Nov 28, 2000
3,142
0
0
i save ~75% of my take-home pay if not more...

i COULD spend more but blah i want to be able to buy a house in the near future...another reason why i'm still driving my old 99 civic...
 
B

bennylong

Platinum Member
Apr 20, 2006
2,493
0
0
Originally posted by: RichardE
Originally posted by: bennylong
Originally posted by: spidey07
6 months. 32,000.
Click to expand...

Your monthly expense is $6K??? How many hookers do you see a month??
Click to expand...


1 high-class escort..


or 600 cheap dirty ones :p
Click to expand...

Dude, $6k is too much! Look at the going rate for high end escort, $1,000 a hour



































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F

fs5

Lifer
Jun 10, 2000
11,774
1
0
Originally posted by: wasssup
i save ~75% of my take-home pay if not more...

i COULD spend more but blah i want to be able to buy a house in the near future...another reason why i'm still driving my old 99 civic...
Click to expand...

wow 75%. that's pretty crazy.
 
A

Aztech

Golden Member
Jan 19, 2002
1,922
0
0
Originally posted by: wasssup
i save ~75% of my take-home pay if not more...

i COULD spend more but blah i want to be able to buy a house in the near future...another reason why i'm still driving my old 99 civic...
Click to expand...

And, you're trying to buy it outright or what? Whatever, I hope you're still able to have some good times and good food.

 
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