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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 10:46 am to Motorboat
Posted on 6/19/13 at 10:46 am to Motorboat
If you don't mind my asking.....why so high? Do you have unpredictable expenses or lack a monthly budget?
This post was edited on 6/19/13 at 10:50 am
Posted on 6/19/13 at 11:32 am to dewster
quote:
If you don't mind my asking.....why so high? Do you have unpredictable expenses or lack a monthly budget?
Since I'm higher than Motorboat I'll answer your question.
Because a savings account or a CD is not worth the gas to drive to the bank. The interest rates are .000000000001%.
I have no debt to pay off. I've got stocks out of the wazoo and I'm not buying more till the communist leaves the White House.
Posted on 6/19/13 at 2:55 pm to dewster
quote:
why so high? Do you have unpredictable expenses or lack a monthly budget?
Lack of a monthly budget and I am commissioned so my monthly income fluctuates. I guess I could transfer between a money market account and checking, but I'd rather have the money in the most accessible place possible in case I need it.
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