Months of expenses
- Thread starter lauriluillier
- Start date
sheamusofcountycork
New member
@lauriluillier I can cover expenses for 3 years. No reason why, I think it is normal to save money....
@sheamusofcountycork I think OP means "saved" as opposed to "invested", not opposed to "spent" (I think ..)
@lauriluillier About 100K in the bank, rest invested or in 3a for retirement.
@growth_17 To feel safe. Just for that.
@asdfkasdf Which bank gives you market interest rate on sight deposits?
@growth_17 Willbe has 1.55% atm lol. Still bad but not all banks are scamming us with garbage rates. Ironically enough Willbe in in Lichtenstein.
@growth_17 Sleep quality, speed and ease of access, and zero beta.
panagiotis94
New member
@lauriluillier 2 months
@lauriluillier 100k cash, I don‘t know why I don‘t go below that. Rest is invested
@lauriluillier 50/5k cash in a savings/current account. I know, fairly conservative but not having any family safety net I'd rather play it safer than some.
@lauriluillier Nice try...
lauriluillier
New member
emotionalrollercoaster
New member
@lauriluillier 3-6 months, less is not enough to bridge serious troubles, more is overkill.
@lauriluillier Not much, in hindsight the only time I ever needed this was when I had to purchase a car.
charismaticlady
New member
@lauriluillier If your job is fairly stable and you can get another job pretty quickly then 6 months is more than enough.
3 months is too little and 2 years seems too much. So anything between 6 months to 1 year is pretty reasonable.
3 months is too little and 2 years seems too much. So anything between 6 months to 1 year is pretty reasonable.
@lauriluillier 20K cash, everything else invested, 2a, 3a
If we loose job we have 24 months of RAV so 20K cash is more than enough
If we loose job we have 24 months of RAV so 20K cash is more than enough