Poll: How much money do you have in savings?

[BurnItDwn]

I keep a couple grand in a savings account, as emergency money.
Any surplus income I have after expenses and waste goes into purchasing stock or making extra principal payments on my mortgage.

 

[jpeyton]

Originally posted by: tfinch2

Originally posted by: PrinceofWands
Couple grand in my safe and other secure locations.

You might want to rethink that safe. I have a friend who thought his money was good in a safe, but it turns out the safe was stolen and his money and belongings are gone.

I keep a lot more than that in a safe. Buy a quality safe, secure it with long floor bolts, keep it smartly hidden. That is usually enough of a deterrent for petty thieves. And I have no idea why a criminal mastermind would waste their time with me.

 

[evenmore1]

$2000 in savings, $400 out. Don't know what to do with it...

 

[BigJelly]

About 23.5k, 3.9k in 401k, 8.2k in roth ira, 8.5k in short term investments, 2.4k in the bank (minimum to receive highest interest), $600 in other bank (higher interest but takes longer to get money out).

But I don't have any assets, other than my car.

 

[tjaisv]

26000 pesos FTW!

 

[Gunslinger08]

Originally posted by: jpeyton

Originally posted by: tfinch2

Originally posted by: PrinceofWands
Couple grand in my safe and other secure locations.

You might want to rethink that safe. I have a friend who thought his money was good in a safe, but it turns out the safe was stolen and his money and belongings are gone.

I keep a lot more than that in a safe. Buy a quality safe, secure it with long floor bolts, keep it smartly hidden. That is usually enough of a deterrent for petty thieves. And I have no idea why a criminal mastermind would waste their time with me.

Why keep your money in a safe and not in a bank? If things are so bad that the FDIC can't pay up, your money is probably worthless anyway.

 

[tjaisv]

Originally posted by: jpeyton
I keep a lot more than that in a safe. Buy a quality safe, secure it with long floor bolts, keep it smartly hidden. That is usually enough of a deterrent for petty thieves. And I have no idea why a criminal mastermind would waste their time with me.

All your safe are belong to us

 

[jpeyton]

Originally posted by: joshsquall

Originally posted by: jpeyton

Originally posted by: tfinch2

Originally posted by: PrinceofWands
Couple grand in my safe and other secure locations.

You might want to rethink that safe. I have a friend who thought his money was good in a safe, but it turns out the safe was stolen and his money and belongings are gone.

I keep a lot more than that in a safe. Buy a quality safe, secure it with long floor bolts, keep it smartly hidden. That is usually enough of a deterrent for petty thieves. And I have no idea why a criminal mastermind would waste their time with me.

Why keep your money in a safe and not in a bank? If things are so bad that the FDIC can't pay up, your money is probably worthless anyway.

I do a lot of cash deals. And having my money in hand right now is infinitely more convenient than going to the bank every time I need access to money.

 

[Gunslinger08]

Originally posted by: jpeyton
I do a lot of cash deals. And having my money in hand right now is infinitely more convenient than going to the bank every time I need access to money.

What kind of $10k+ cash deals are you doing?

 

[dmcowen674]

Bank stole it all.

Didn't check the account for five months when were moving between states.

Went to check the account and the bank stole all the money in bogus fees.

They have yet to respond to letters, contacting BBB and State AG,

 

[adairusmc]

About $8,000, no more, no less. That is my own personal savings, not to be used for any bills or anything. I have seperate accounts for saving property tax, home improvement upgrades, and anything else. That account goes up and down, depending on what I might think I need, but I usually keep $5,000 or so in there (it gets drained pretty quick when property taxes are due).

 

[Kalvin00]

Originally posted by: dmcowen674
Bank stole it all.

Went to check the account and the bank stole all the money in bogus fees.

Doubtful. More likely is your dumbass didn't bother to understand the bank's policies.

 

[3NF]

$10,562.27

That's there in case something bad happens. Otherwise, most of the money we put aside goes into our 401K, IRAs, etc.

 

[deerslayer]

Not much.

 

[spidey07]

6 months.

 

[K1052]

Originally posted by: spidey07
6 months.

yep

 

[NatePo717]

~5,400. I put a little in every month after bills and such. (Still in college)

 

[PrinceofWands]

Originally posted by: joshsquall

Originally posted by: jpeyton

Originally posted by: tfinch2

Originally posted by: PrinceofWands
Couple grand in my safe and other secure locations.

You might want to rethink that safe. I have a friend who thought his money was good in a safe, but it turns out the safe was stolen and his money and belongings are gone.

I keep a lot more than that in a safe. Buy a quality safe, secure it with long floor bolts, keep it smartly hidden. That is usually enough of a deterrent for petty thieves. And I have no idea why a criminal mastermind would waste their time with me.

Why keep your money in a safe and not in a bank? If things are so bad that the FDIC can't pay up, your money is probably worthless anyway.

Some people (like me) don't let anyone else ever have control of their money. Other people put some in banks and investments but like to have some readily available at all times.

 

[Gunslinger08]

Originally posted by: PrinceofWands

Originally posted by: joshsquall

Originally posted by: jpeyton

Originally posted by: tfinch2

Originally posted by: PrinceofWands
Couple grand in my safe and other secure locations.

You might want to rethink that safe. I have a friend who thought his money was good in a safe, but it turns out the safe was stolen and his money and belongings are gone.

I keep a lot more than that in a safe. Buy a quality safe, secure it with long floor bolts, keep it smartly hidden. That is usually enough of a deterrent for petty thieves. And I have no idea why a criminal mastermind would waste their time with me.

Why keep your money in a safe and not in a bank? If things are so bad that the FDIC can't pay up, your money is probably worthless anyway.

Some people (like me) don't let anyone else ever have control of their money. Other people put some in banks and investments but like to have some readily available at all times.

It's FDIC insured. Even if some bank idiot steals all your money and gets away with it, you're getting it back. Money in the bank is just about as liquid as cash. If the bank happens to be closed when you need more money than the ATM will give you, write a check or wait until the morning.

The risks of not putting your money in a bank greatly outweigh the risks of having it in a bank.

 

[PrinceofWands]

Originally posted by: joshsquall

Originally posted by: PrinceofWands

Originally posted by: joshsquall

Originally posted by: jpeyton

Originally posted by: tfinch2

Originally posted by: PrinceofWands
Couple grand in my safe and other secure locations.

You might want to rethink that safe. I have a friend who thought his money was good in a safe, but it turns out the safe was stolen and his money and belongings are gone.

I keep a lot more than that in a safe. Buy a quality safe, secure it with long floor bolts, keep it smartly hidden. That is usually enough of a deterrent for petty thieves. And I have no idea why a criminal mastermind would waste their time with me.

Why keep your money in a safe and not in a bank? If things are so bad that the FDIC can't pay up, your money is probably worthless anyway.

Some people (like me) don't let anyone else ever have control of their money. Other people put some in banks and investments but like to have some readily available at all times.

It's FDIC insured. Even if some bank idiot steals all your money and gets away with it, you're getting it back. Money in the bank is just about as liquid as cash. If the bank happens to be closed when you need more money than the ATM will give you, write a check or wait until the morning.

The risks of not putting your money in a bank greatly outweigh the risks of having it in a bank.

Wrongo. As I've posted in other threads you can lose money and DEFINITELY be under incredible stress by not having control of it. We are creatures of our experiences and once someone has gone through what I have their perspectives would likely change.

 

[Gunslinger08]

Originally posted by: PrinceofWands
Wrongo. As I've posted in other threads you can lose money and DEFINITELY be under incredible stress by not having control of it. We are creatures of our experiences and once someone has gone through what I have their perspectives would likely change.

Explain?

 

[mugs]

Approximately (.20 * cost of house) more than I'll have after I buy a house.

 

[JS80]

-$50k

 

[imported_Lothar]

~$2,300

It might all have to be liquidated when I get a car in the next few months.

 

[necine]

I'm 21... i live check to check. I'm in college. I have nothing.