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How much do you keep in your checking acct?

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As little as possible. Most goes to high yield savings. I don't worry about accidentally withdrawing more than is in the checking acct as I have set it up to so that if it does go negative it just draws on a line of credit.
 
£1-2k is about the level I am comfortable with.

Koing
 
~$200 in checking

The rest sits in savings. We pay for everything with a rewards CC then pay it off in full each month.

Earn interest on money + get CC rewards
 
Usually 2-4k. Sometimes i'll let it grow to 6-7k before I transfer most to savings. Sometimes less when I pay off something big.
 
Broke college kid = can't possible imagine needing 3-5k. Absolutely unfathomable.

I'm going to get up, walk downstairs and hand a check to my landlord, and have a little under 50 bucks in my account.

After my paycheck gets deposited, I'll have about 200 to last me the week. Cereal and cheap beer. Yay. LOL.
 
Originally posted by: spidey07
For those of you that keep low amounts, how do you get say $3-5000 cash immediately when needed?
Click to expand...

I pay for everything with a credit card for the rewards. I can't think of a scenario where I would need $5000 in cash immediately or otherwise. I mean, I'm not a drug dealer or in the mafia.
 
Originally posted by: spidey07
For those of you that keep low amounts, how do you get say $3-5000 cash immediately when needed?
Click to expand...

How often do you need cash in those amounts? Just use a credit card and then immediately arrange a transfer from your savings account to your checking account.
 
6500. But I am going to start raising this by 500 a month for the next 12 months. 6500 in this economy is probably not enough to live a few months until find another job.
 
Originally posted by: spidey07
For those of you that keep low amounts, how do you get say $3-5000 cash immediately when needed?
Click to expand...

We know what our expenses are every month. We don't have any surprises. Should any emergencies arise, we can transfer from our Emergency Fund/Savings to our checking in 2 days. If needed sooner, which I can't imagine a situation like this, we'd use a CC.
 
I keep it at a steady 5k, anything over that gets swept into a money market account. I don't really need that much but the wife likes to see that. She has one of those "safety glands" that twitches when it gets below that, so rather than fight her about it I just do that and she stays happy.
 
Originally posted by: spidey07
For those of you that keep low amounts, how do you get say $3-5000 cash immediately when needed?
Click to expand...

I have what used to be a fairly high interest savings with Citibank, where I also have my checking account. Instant transfer of funds if need be.
 
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