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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 11:32 am to dewster
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.
1
Posted on 6/20/13 at 5:55 pm to Zach
quote:
The interest rates are .000000000001%.
I have no debt to pay off.
Not much but some money markey accounts are .5%. And you can still manage it online and write checks from it. That's $110/ year lying around. Very little, but something.
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