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re: How much of a "cushion" do you leave in your checking account after paying bills

Posted on 6/19/13 at 4:36 pm to
Posted by lynxcat
Member since Jan 2008
24185 posts
Posted on 6/19/13 at 4:36 pm to
Too much. I've maxed out my Roth IRA for 2012 and 2013, but I have no desire to set up a personal investing account right now. The most I would do is put it in a money market...I'm very risk averse in that I like having a good lump sum for protection. I do have some more aggressive investments but that is money I expect to go play ball.

In the next couple of years, I'll either go to school and use the cash for living expenses to limit loans or I'll buy a house and cover a nice downpayment with the cash.
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