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re: What's a "normal" amount of money for a late 20s person to have in savings?

Posted on 7/26/13 at 1:56 pm to
Posted by saderade
America's City
Member since Jul 2005
25855 posts
Posted on 7/26/13 at 1:56 pm to
quote:

3 months living expenses is what I would aim for as far as what you have in your immediate savings/checking account. Depending on your circumstances that is around $5k. I think that's a pretty healthy number to aim for.
If I could live on 5k for 3 months I would be in awesome shape
Posted by ItNeverRains
Offugeaux
Member since Oct 2007
27015 posts
Posted on 7/26/13 at 2:59 pm to
quote:

If I could live on 5k for 3 months I would be in awesome shape


+1.

IMO you should have a 6-9 months worth of expenses in a readily available account.
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