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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 12:04 pm to
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
69956 posts
Posted on 6/19/13 at 12:04 pm to
quote:

I keep as little as possible so if my card gets stolen they can't spend all of my money. I move it to my savings or inactive checking and transfer as needed. Once that gets too big, I move it to my brokerage for investing. My wife's friend in BR got her wallet stolen at La madeline and they rang up $6k in gift cards. I will not let that happen to me.


This is me too. With mobile banking I can access extra cash if I need to, I keep maybe $100 in checking.

Posted by LSUtigerME
Walker, LA
Member since Oct 2012
3816 posts
Posted on 6/19/13 at 12:44 pm to
Damn. I try to keep just over $5k in my interest checking. I usually get nervous if it dips too low, below $2k. I also have a separate savings, investments, etc.
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