Comments on: How much do you have in savings? http://frugalunderground.com/how-much-do-you-have-in-savings/ money: saving more, making more, needing less Fri, 21 Nov 2008 05:22:32 +0000 http://wordpress.org/?v=2.5.1 By: Barkeater http://frugalunderground.com/how-much-do-you-have-in-savings/#comment-359 Barkeater Fri, 16 Jun 2006 09:48:52 +0000 http://frugalunderground.com/test/how-much-do-you-have-in-savings/#comment-359 I have about 20k in a stock market account that I can get to within 24 hours, so I use that as my emergency account. I could get by for about five months on that. I have about 20k in a stock market account that I can get to within 24 hours, so I use that as my emergency account. I could get by for about five months on that.

]]> By: Poor Boy http://frugalunderground.com/how-much-do-you-have-in-savings/#comment-358 Poor Boy Wed, 14 Jun 2006 21:55:33 +0000 http://frugalunderground.com/test/how-much-do-you-have-in-savings/#comment-358 I am on par with this, about a $400 in Emigrant Direct Saving, $4k in Stocks and about $4.5K in IRA. I aim to save $650/month, but it rarely happens. Something ALWAYS comes up! I am on par with this, about a $400 in Emigrant Direct Saving, $4k in Stocks and about $4.5K in IRA. I aim to save $650/month, but it rarely happens. Something ALWAYS comes up!

]]> By: DarkIndigo http://frugalunderground.com/how-much-do-you-have-in-savings/#comment-357 DarkIndigo Tue, 13 Jun 2006 15:13:24 +0000 http://frugalunderground.com/test/how-much-do-you-have-in-savings/#comment-357 I had $4000 in emergency savings/stock investments earlier this year, and had $4500 in credit card debt, $3500 of which was at 14.99% interest. So I emptied my savings to kill the high interest c/c bill and pay for a couple other bills with cash. Now I have $400 in savings with ING @ 4.25% apy, and contribute $400/month to it, so I figure this time next year, barring any big car repairs or medical bills, I should have my $5K in emergency Defcon4 savings again. The remaining c/c debt I have is on a 0% interest balance transfer, and am paying off that one chunk at a time. I had $4000 in emergency savings/stock investments earlier this year, and had $4500 in credit card debt, $3500 of which was at 14.99% interest. So I emptied my savings to kill the high interest c/c bill and pay for a couple other bills with cash.

Now I have $400 in savings with ING @ 4.25% apy, and contribute $400/month to it, so I figure this time next year, barring any big car repairs or medical bills, I should have my $5K in emergency Defcon4 savings again.

The remaining c/c debt I have is on a 0% interest balance transfer, and am paying off that one chunk at a time.

]]> By: the Prince of Thrift http://frugalunderground.com/how-much-do-you-have-in-savings/#comment-356 the Prince of Thrift Tue, 13 Jun 2006 05:29:01 +0000 http://frugalunderground.com/test/how-much-do-you-have-in-savings/#comment-356 At this point I only have about $210 in my emergency fund savings. I expect to get to $3000 by the end of the yera and have all my debts except my car paid off by that time as well. At this point I only have about $210 in my emergency fund savings. I expect to get to $3000 by the end of the yera and have all my debts except my car paid off by that time as well.

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