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re: What is the standard method for figuring out how much to keep in savings?

Posted on 5/10/13 at 8:55 am to
Posted by WG_Dawg
Hoover
Member since Jun 2004
86562 posts
Posted on 5/10/13 at 8:55 am to
quote:

OnTheBrink


Yeah I was going to use the next 6 months or so living at home to just save a bunch of money then look at getting a house I guess. I just feel like I'm doing something wrong putting a bunch into savings and it just sitting there. I just assumed I should be putting it somewhere else. But I guess since in the next 6-12 months I'll likely be making a major purchase it's not that bad.
Posted by OnTheBrink
TN
Member since Mar 2012
5418 posts
Posted on 5/10/13 at 8:57 am to
In such a short time frame, I would not worry about it. If it were a couple of years or something, I'm sure the board would have some good ideas, but 6-12 months, there's just not a lot of options.
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