I’m a 25 year old woman. I’m not rolling in money but I have the following:
Superannuation: $51,040
House deposit: $20,000
Investment acct: $15,770 - started 3 years ago.
Emergency: $4,200 - I’m working toward $10k because that’s 6 months worth of my expenses eg. rent, electricity, household, investing, food.
I’m also three months ahead of rent.
Should I also have another account with just money in it and call it personal savings? It would be there just to make me feel safe and secure even though I already have an emergency account.
Superannuation: $51,040
House deposit: $20,000
Investment acct: $15,770 - started 3 years ago.
Emergency: $4,200 - I’m working toward $10k because that’s 6 months worth of my expenses eg. rent, electricity, household, investing, food.
I’m also three months ahead of rent.
Should I also have another account with just money in it and call it personal savings? It would be there just to make me feel safe and secure even though I already have an emergency account.