(Closed) POLL: How much is in your savings? and HOW do you do it???

posted 5 years ago in The Lounge
  • poll: How much do you have in savings??
    $0 - $1000 : (38 votes)
    14 %
    $1000 - $3000 : (27 votes)
    10 %
    $3000 - $6000 : (36 votes)
    14 %
    $6000 - $10,000 : (20 votes)
    8 %
    over $10,000 : (94 votes)
    35 %
    MORE!!! (please share hehe) : (51 votes)
    19 %
  • Post # 76
    Member
    2348 posts
    Buzzing bee

    Oh and if you want book recommendations read The Millioniare Next Door and Your Money or Your Life. 

    Btw, congratulations on hitting a nice number in your savings! It’s great that you’re thinking about this stuff. I had about $5,000 in savings when I was 23, now I’m 27 and at over $50k in savings. I never made a TON of money, you can totally do it. 🙂 Good job, you are on the right path!

    Post # 77
    Member
    63 posts
    Worker bee
    • Wedding: July 2014

    – How old are you? 21

    – How much do you have in savings? $20

    – Do you mentally separte it from the rest of your money, or do have an actual savings account, or several accounts for different savings purposes.? Actual savings account

    – What’s your annual income? a joke

    – How much do you try to save a month? save? what is that?

    – What do you feel you spend most on, and what do you try to sacrifice? rent, bills, car’s insurance, student loan, i sacrifice everything, i really have no money left at the end of the month lol

    – Any other secret tip you may have? Organic ramen is a better choice than the “normal” heart attack in a cup.

     

     

    Lol I realize I wasn’t of any help. Well soon my savings acc will be used properly, once im done with school …. maybe… 

    Post # 78
    Member
    9760 posts
    Buzzing Beekeeper
    • Wedding: April 2019

    Jacqui90:  and also all that dividend money, while it is income goes straight into savings and I don’t touch it anymore except when I am purchasing more shares. Which is also why I have so much in there now because of the money transferred from my parents for investments. So shortly, after my stockbroker and I decide what to purchase and go ahead with that purchase, I won’t have anywhere near as much in savings.

    However, shares (stocks) and other investments are very good for future financial needs, like retirement or collateral for a mortgage. One of my grandmothers is almost completely living off her dividends I believe.

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