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Post Reply How much saving $$$$ you got?
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31 / M
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Posted 5/7/17 , edited 5/7/17
Saving up for 3 years and I got around 19000 US dollars. How much savings do you have and what do you plan to do with it?
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Hoosierville
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Posted 5/7/17
Dragon
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Posted 5/7/17
I try to keep at least 3-5 years of living expenses (mortgage, utilities, food, books, etc) around at all times. Mostly keep it around just in case I need to hunt for a new job, or want to take a break.
Sogno- 
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27 / F / SC
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Posted 5/7/17
2 dollars

everything i earn goes to paying back student loans
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Posted 5/7/17
so this is one of those threads..

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Posted 5/7/17 , edited 5/7/17
I have about a year's worth of expenses stashed away plus my emergency fund. Probably going to buy an income property in the next couple years, or I might skip ahead of plans a bit and look at land to eventually retire on. I have this feeling that I should lock down land now because it might not be available when I'm older.
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26 / M
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Posted 5/7/17
I try to have half of my salary easily accessible just for the emergency.
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M / Australia
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Posted 5/8/17
Fuck all. I had $18 000 at one stage but the combination of buying a new computer, then a decent car, then moving out of home while i was still paying my car off, and having to buy white goods and furniture and etc, helping people out and getting fucked over, things going bad at work for a while, moving house several times, the cost of living going up and up , dumb decisons and some gambling and too much drinking pretty much has me living pay check to pay check with only some back up $.
Funny thing is, i hardly go out anymore as far as out drinking an stuff, stopped buying anime and anime figurines years ago, i buy no where near as many cd's or video games as i used to yet somehow i dont have more money?...
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F / ɪ ᴀᴍ ɴᴏᴛ ᴀ ʜᴇʀᴏ
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Posted 5/8/17

spoil me

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24 / M / Abyss
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Posted 5/8/17
I have $22,000 in savings, but $2580 will go to paying my last semester at Uni. That will put me down to $19,000. Once I graduate, I will get another $25,000 to start my life from my grandparents. That will put me at $44,000. I think that will be enough for me to start up my job and get a nice studio apartment.
Posted 5/8/17

MakotoKamui wrote:

I try to keep at least 3-5 years of living expenses (mortgage, utilities, food, books, etc) around at all times. Mostly keep it around just in case I need to hunt for a new job, or want to take a break.


Pretty much this ^
Closer to 4-5 years at the moment; however, it falls into the range mentioned by MakotoKamui.
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34 / M / outer wall, level...
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Posted 5/8/17
less than a dollar.
Dragon
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Posted 5/8/17

ninjitsuko wrote:


MakotoKamui wrote:

I try to keep at least 3-5 years of living expenses (mortgage, utilities, food, books, etc) around at all times. Mostly keep it around just in case I need to hunt for a new job, or want to take a break.


Pretty much this ^
Closer to 4-5 years at the moment; however, it falls into the range mentioned by MakotoKamui.


It's weird, but when I was starting at work, I always heard the goal was to hold about 6 months worth. I think you're a bit younger than I am, but did you get the same? I know I far, far prefer the years long plan, heh.
Posted 5/8/17

MakotoKamui wrote:

It's weird, but when I was starting at work, I always heard the goal was to hold about 6 months worth. I think you're a bit younger than I am, but did you get the same? I know I far, far prefer the years long plan, heh.


Growing up, I got the "six months" lecture a few times too. I think the years-long plan came from when I was a kid. I would cut tobacco during the summer and get a significant amount of money (for a six-year-old, $1000-1200 even over three months is a lot). This money would have to survive until the following summer (any games, gifts [for others], consoles, computer parts or school clothes I wanted had to come out of this money). I would always save a certain amount from that fund to keep until the following year... and so on and so on. It just got to the point that the more I made, the more I stashed away (even to this day).

It keeps me grounded realizing that if all hell broke loose that I wouldn't be up the creek without a paddle to find my way back with. Now it's also more of a comforting situation knowing that I could change careers, take a break, or otherwise.
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24 / M / Abyss
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Posted 5/8/17 , edited 8/18/17

ninjitsuko wrote:


MakotoKamui wrote:

I try to keep at least 3-5 years of living expenses (mortgage, utilities, food, books, etc) around at all times. Mostly keep it around just in case I need to hunt for a new job, or want to take a break.


Pretty much this ^
Closer to 4-5 years at the moment; however, it falls into the range mentioned by MakotoKamui.


For my savings for retirement, I want to have $3,000,000 in savings by the time I retire. This is so I can have $90,000 in interest every year after retirement.

I will make $120,000 or so per year after I climb the ladder. If I work 30 years, I will make $3,600,000. That obviously wont cut it, so I would need to work 40 years or so for my desired goal. Retiring at 65 here I come?

Edit: I forgot to add investing in. Maybe I could do it in 30 years if my investments go well.
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